By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s mid-tier lender, Wema Bank Plc on Wednesday said its profit after tax (PAT) for the period ended March 31, 2016 declined -17.9 percent to N429.53 million from N522.99 million declared a year ago. Similarly, profit before tax (PBT) depreciated -17.9 percent to N505.32 million from N615.28 […]
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Diamond Bank 2015 Profit Drops 77.8% to N5.66 Billion
By InvestAdvocate Lagos (INVESTADVOCATE)-Diamond Bank Plc said on Wednesday its profit after tax (PAT) for the period ended December 31, 2015 dropped 77.8 percent to N5.66 billion from N25.48 billion posted a year earlier. Similarly, profit before tax (PBT) of the Bank declined 74.8 percent to N7.09 billion from N28.10 […]
AG Leventis (Nigeria) Enters into Joint Venture Agreement with Pick N Pay
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s leading congloromate in several industries, AG Leventis (Nigeria) Plc said on Tuesday it has entered into a joint venture agreement with South African Pick N Pay Retailers Limited. “The indicative scope of services by the new company to be formed pursuant to the joint […]
