By Philemon Adedeji Lafarge cement PLC on Thursday reported 31 per cent increase in gross profit for the full year audited results ended December 31, 2021. From the data released by Nigeria Exchange limited (NGX), the gross profit rose by…
At the end of today’s trading session, Presco Plc share price appreciated by 8.74% to close at N125 per share, the highest the company’s share price has been in over 10 years. This comes after the company’s shares gained 10.00%…
Dangote Sugar Plc has announced the appointment of Mr. Oscar Mbeche as Group Chief Financial Officer of the company. This was disclosed through a notice filed with The Exchange and signed by the company’s secretary, Temitope Hassan. The appointment of…
By Philemon Adedeji The stock market of the Nigerian exchange limited (NGX), yesterday closed marketing activities marginally on a positive note amidst sell-offs and buy-interests as the benchmark All Share Index (ASI) is appreciated with 132.74 basis points. Specifically, the…
Nigerian Exchange Group of Companies joined over 100 securities exchanges around the world to celebrate the 2022 International Women’s Day and Ring the Bell for Gender Equality in collaboration with International Finance Corporation (IFC), Sustainable Stock Exchanges (SSE) Initiative, United…
By Philemon Adedeji Ardova PLC on Wednesday announced 5 per cent increase in revenue for the full year unaudited result as at December 31, 2021. The group reported growth of total assets which appreciated with huge 87 per cent from…
The equities market closed in a downward trend on Tuesday as market capitalisation decreased by N58 billion, following losses recorded by large and medium capitalised stocks. The overall market capitalisation which lost N58 billion closed at N25.413 trillion from the…
The owners of First Bank Ltd (FBNH) has transferred Mr Seye Kosoko, the former company secretary of FBNH replacing him with Mr Adewale Arogundade who takes over in acting capacity. Mr Kosoko has now been transferred to First Bank to…
By Philemon Adedeji Nestle Nigeria PLC on Tuesday 8th of March declared 10.5 per cent increase in gross profit for 2021,for full year audited results, from N119.2 billion at the end of 2020 financial year to N131.8 billion at the…
The equities on Monday extended it losing streak with the All Share Index(ASI) dropping by 0.01 per cent as sustained sell-off was witnessed on most insurance companies. They include Nigeria Insurance, American International Insurance Company (AIICO) and Linkage Assurance. Specifically,…
