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…
NSE adopts GRI G4 in 2015 sustainability report
NSE adopts GRI G4 in 2015 sustainability report The Nigerian Stock Exchange (NSE) has announced adoption of 2015 sustainability report titled “Ushering in a new era of sustainability in the…
Naira devaluation: Lafarge Africa expects dwindling Q2 result
Naira devaluation: Lafarge Africa expects dwindling Q2 result By Kayode Ogunwale The board of Lafarge Africa has envisaged dwindling in its expected second quarter result for the 2016. The company…
Dogara pledges legislative support for capital market development
Dogara pledges legislative support for capital market development By Kayode Ogunwale The Speaker Federal House of Representatives, Rt. Honorable Yakubu Dogara has declared full support for capital market development in…