By InvestAdvocate Lagos (INVESTADVOCATE)-Sterling Bank Plc said on Friday its seeking to buy one (1) or two (2) mid-tier banks as sharp falls in the value of the naira and increased regulatory pressure are forcing banks to recapitalise, according to Reuters quoting Abubakar Suleiman, its chief financial officer (CFO). According […]
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Forte Oil Says 2015 Pretax Profit up 16.7%, Offers Investors N3.45 per Share Dividend
By InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketing firm, Forte Oil Plc said on Friday its pretax profit for the 2015 full year audited report climbed up 16.7 percent to N7.012 billion from N6.006 billion recorded a year ago. Similarly profit after tax (PAT) grew 30 percent to N5.794 billion from N4.457 billion […]
Guinness Says to List N10 Billion Series 2 and 3 Commercial Paper Issues on FMDQ OTC Feb’18
By InvestAdvocate Lagos (INVESTADVOCATE)-The nation’s top brewer, Guinness Nigeria Plc said on Thursday it will list N10 billion series II and III commercial paper issues on the FMDQ OTC securities exchange February 18, 2016. Guinness in an announcement with the Nigerian Stock Exchange (NSE) said the planned listing follows the […]
