By InvestAdvocate Lagos (INVESTADVOCATE)-Soap and detergent producer, Unilever Nigeria Plc said on Friday its pre-tax profit for the first quarter (Q1) period ended March 31, 2016 increased to N1.42 billion from N864.7 million recorded a year ago. Similarly, profit after tax grew to N1.04 billion from N590.4 million posted the […]
Tag: Nigerian Stock exchange
ETI Says Q1 2016 Pretax Profit Down 32.4%
By InvestAdvocate Lagos (INVESTADVOCATE)- Pan-African lender, Ecobank Transnational Incorporated (ETI) said on Wednesday its pretax profit for the first quarter (Q1) period ended March 31, 2016 went down 32.4 percent to N20.63 billion from N30.52 billion recorded a year earlier. Similarly, profit after tax (PAT) declined 33.8 percent to N16.21 […]
Nigerian Equities Rebound on Resumed Bargain Hunting, ASI up 0.44%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian equities rebounded Thursday on resumed bargain hunting as all-share index (ASI) climbed up 0.44 percent to close at 24,746.16 points, while market capitalisation grew by N37.20 billion to N8.51 trillion. “Today’s performance pared the Month-to-Date and Year-to-Date losses to 2.21 percent and 13.60 percent […]
