Equity trading performance spurs Goldman Sach’s quarterly growth

Goldman Sachs

Goldman Sachs Group Inc reported a higher-than-expected quarterly profit on Tuesday as the Wall Street investment bank benefited from higher equities trading revenues. The bank said equities trading revenue increased by 6 percent from a year ago to $2 billion, the second highest in four years. Goldman said clients were more active than the same […]

FMN reduces net debt by 30% proposes N1.20 dividend

Flour Mills of Nigeria Plc (FMN), has announced a 30 percent reduction on its overall net debt. The announcement was made via its recently released full year results for the year ended March 31, 2019. According to the company’s statement, it’s debt which stood at N22.9 billion as at March 31, 2019 is lower than […]