Click here to view full announcement By InvestAdvocate Lagos (INVESTADVOCATE)-Drugmaker, GlaxoSmithKline Consumer Nigeria Plc (GSK) on Thursday announced that it has received a non-binding offer from Suntory Beverage & Food Ltd for the divestment of its drink bottling and distribution business. “The Board has therefore granted Suntory access to certain […]
Tag: Nigerian Stock exchange
John Holt Says Q1 2015 Pretax Profit Dips 51.6%
Click here to view John Holt Plc’s Q1 2015 Report By InvestAdvocate Lagos (INVESTADVOCATE)-John Holt Plc said on Wednesday its pretax profit for the first quarter period ended October to December 2015 dropped 51.6 percent to a negative N112 million from a negative of N231 million recorded the same period […]
NSE Records 2-Day Losing Streak on Sell-Offs, Index Dip 2.09%
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Wednesday recorded a two-day losing streak as all-share index (ASI) dipped 2.09 percent on sell-offs in the Banking, Industrial and Consumer Goods sectors. According to Cordros daily market update, the ASI closed at 23, 333.34 basis points, while market capitalisation decreased […]
