NASCON reports N1.27bn after tax profit in 6-month
NASCON reports after tax profit in 6-month NASCON Allied Industries Plc has reported a profit after tax of billion for the half year ended 30 June, 2016. NASCON Plc improved…
Fidson Healthcare revenue sinks to N2.6bn in half year 2016
Fidson Healthcare revenue sinks to in half year 2016 Fidson Healthcare Plc has announced a serious setback in its comprehensive income for the half year ended 30 June, 2016. The…
Wema Bank’s AMCON levy increase by 56% in Q2 2016
Wema Bank's AMCON levy increase by 56% in Q2 2016 By Kayode Ogunwale With slight improvement in its earnings for unaudited second quarter ended 30 June 2016, Wema Bank Plc…
Lafarge Africa loses N30bn in Q2 2016
Lafarge Africa loses N30bn in Q2 2016 Lafarge Africa Plc has reported a loss after tax of billion in its second quarter ended 30 June, 2016. Lafarge had in second…
Oando expects lower earnings in half year 2016 result
Oando expects lower earnings in half year 2016 result Oando Plc has said is expecting lower earnings for the second quarter of 2016 due to the impact of the Naira…
SEC determined to raise market participation – Gwarzo
SEC determined to raise market participation - Gwarzo The Securities and Exchange Commission (SEC) has expressed its determination to raise the participation of retail investors in the Nigerian Capital market…
Pharma-Deco turnover drops 55% in half year 2016
Pharma-Deco turnover drops 55% in half year 2016 By Kayode Ogunwale Pharma-Deko Plc, a reputable pharmaceutical and consumer manufacturing company, has declared huge decline of per cent in its turnover…
Nigerian Breweries posts N157bn revenue in H1 2016 … after tax drops 11.24%
Nigerian Breweries posts N157bn revenue in H1 2016 … after tax profit drops The Board of Directors of Nigerian Breweries Plc has declared a revenue of billion for the first…
United Capital grow profit by 155% in 6-months
United Capital grow profit by 155% in 6-months United Capital Plc has reported per cent increase in profit after tax for the half year ended June 30, 2016. The investment…
International Energy Insurance to divest 81% of pension subsidiary
International Energy Insurance to divest 81% of pension subsidiary The management of International Energy Insurance (IEI) Plc has announced its readiness to divest 81 per cent equity shareholding in IEI-Anchor…