Tag: Nigerian Stock exchange

Flour Mills Reports N19.79 Billion 9-Months Pretax Profit

By InvestAdvocate Lagos (INVESTADVOCATE)-Fast Moving Consumer Goods (FMCG) firm, Flour Mills of Nigeria Plc said on Wednesday its pretax profit for the nine-months period ended December 31, 2015 was N19.79 billion compared N3.70 billion recorded a year ago. Similarly profit after tax (PAT) increased to N19 billion from N3.30 billion […]

South Africa, Tunisia Outshines Nigeria’s Capital Market Performance

February 2, 2016/ The Will South Africa’s Johannesburg Stock Exchange (JSE) led African exchanges in Initial Public Offerings (IPO) transactions and capital raised in the past five years, amounting to $2.7 billion. This was revealed by PricewaterhouseCoopers (PwC) in its 2015 Africa Capital Markets Watch report released on Monday, which […]

Berger Paints Outsource Depots, Appoint Franchisees

By InvestAdvocate Lagos (INVESTADVOCATE)-Paint producer, Berger Paints Nigeria Plc announced on Tuesday it has outsourced its depots and appointed franchisees as part of its strategy to enhance accessibility and visibility of its products. “Berger Paints has embarked on the outsourcing of all its depots. It thereafter intends to appoint franchisees […]