By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Drug manufacturer, GlaxoSmithKline Consumer Nigeria Plc said on Wednesday its full year 2015 pretax profit fell 58 percent to N1.157 billion from N2.752 billion recorded a year ago. Similarly, profit after tax (PAT) dipped 47.8 percent to N965.05 million from N1.848 billion declared in the […]
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NSE Slips Deeper Into Red Zone, ASI Down 0.42% on Sell-Offs in Key Banking, Consumer Goods Stocks
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Tuesday slipped deeper into negative territory as all-share index (ASI) declined 0.42 percent to close at 25,745.13 basis points; while market capitalisation dipped by N37.31 billion to N8.86 trillion. This is coming on the heels of sell-offs in key […]
Zenith Bank Says 2015 Pretax Profit Rise 4.85%, Offers Investors N1.80 Final Dividend
By InvestAdvocate Lagos (INVESTADVOCATE)- Nigeria’s top tier lender, Zenith Bank Plc said on Tuesday its pretax profit for the period ended December 31, 2015 rose 4.85 percent to N125.62 billion from N119.79 billion recorded a year ago. Similarly, profit after tax (PAT) increased 6.24 percent to N105.66 percent to N99.45 […]
