Honeywell Flour Mills Plc (HFMP), a food manufacturer in Nigeria, announced financial figures for the quarter that ended June 30, 2022. The company saw a revenue N40.6 billion, up by 23 per cent compared to N33 billion recorded in the…
Investors of Seplat Energy Plc earned about N76.79 billion from the shares of the company in the month of July despite sustained sell pressure witnessed on shares of some blue-chip firms quoted on the Nigerian Exchange. A report obtained from…
By Philemon Adedeji Equities market on the Nigerian Exchange Limited, yesterday extended losses for the second consecutive session as the All-Share Index closed 0.03 per cent decline Nonetheless, the index remains on track for its first weekly gain in three…
Trading at the Nigerian Exchange Ltd. (NGX) on Wednesday took a plunge, as the market capitalisation closed at N27.29 trillion down from N27.3 trillion recorded on Tuesday. Consequently, the market lost N16.76 billion, representing 0.06 per cent. The negative performance…
The Board of Directors, Nigerian Breweries Plc has announced a total sum of N274.03billion as revenue for the first half of the 2022 financial year, which ended on June 30, 2022. The company’s performance comes on the heels of high…
Nigerian Exchange Limited (NGX) has applauded Lafarge Africa Plc for consistency in disclosing its sustainability performance to capital market stakeholders. This was conveyed during the Facts Behind the Sustainability Report (FBSR) presentation of Lafarge Africa hosted by NGX recently. In…
A quoted company on the Nigerian Exchange Limited (NGX) and leading manufacturer of flexible, reconstituted and rigid foams, Vitafoam Nigeria PLC has ascribed its sustained profitability over six decades to strategic transition from sleeping business to living business, through introduction…
By Philemon Adedeji The Nigerian stock market yesterday ended on a bullish note with a gain of N365 billion following appreciation in Nestle Nigeria, MTNN, UACN and 16 others. In summary, the All-Share Index (ASI) grew by 675.72 absolute points,…
The Board of Directors of Ecobank Nigeria Limited has announced the appointment of Dr Nnaeto Orazulike as a Non-Executive Director. Orazulike is a seasoned business magnate, corporate administrator, and philanthropist. He is the Founder and Group Managing Director of Genesis…
By Philemon Adedeji Lafarge Africa plc, the Nigeria’s third Largest cement producer has posted gross profit of N96 billion for its 2022 half year H1 results, representing an increase of 32.6 per cent Year-on-Year (y-o-y) In its unaudited half year…
