Revenues from Sugar and Flour segments lifted BUA Food’s earnings to an impressive performance as the company announced a Profit After Tax of N91.34 billion in 2022, up from N69.77 billion reported in 2021. Its audited financial statement for the…
Justice Inyang Ekwo of the Federal High Court, Court 7, Abuja has set May 4, 2023 for the commencement of trial of Ovaioza Farm Produce Storage Business Limited along with ImuYunusa and Goodness Omeiza on allegations bordering on operating as…
By Philemon Adedeji The Nigerian Exchange Limited (NGX) All-Share Index (ASI) and Market Capitalisation decreased nearly 1.20 per cent to close the week at 54,232.34 and N29.544 trillion respectively. All other indices finished higher with the exception of NGX Main…
Dangote Industries Limited (DIL) has formally listed its N300 billion Series 1 and 2 bonds issued under the Dangote Industries Funding Plc at a grand listing ceremony at both the FMDQ and the Nigeria Exchange Limited (NGX) in Lagos. The…
Nigerian Exchange Limited (NGX) has commended the Chairman, Geregu Power Plc, Mr Femi Otedola, CON, and the firm’s Board for instituting best practices in corporate governance and playing a leading role in the country’s power sector. This was at the…
Berger Paints Nigeria Plc has launched a new logo in a bold move to reposition the Company for global competitiveness, increase earnings and boost shareholder value. The soft launch was held at the firm’s Training Centre Wednesday at Ikeja, Lagos…
By Philemon Adedeji At the close of trade yesterday on the Nigerian Exchange Limited (NGX) bearish sentiments continued to persist for the second day of the week primarily driven by selloffs in index heavyweight, Dangote Cement which offset gains in…
As the Campaign to create awareness among the youths to further attract them to the capital market gathers momentum, Young Nigerians have been urged to ensure they invest with entities that are registered by the Securities and Exchange Commission (SEC).…
Cadbury Nigeria Plc, a subsidiary of Mondelçz International, has recorded gross earnings of N55.21 billion for the full year ended Dec. 31, 2022. The turnover represents 30 per cent growth, when compared to the N42.37 billion posted in the same…
By Philemon Adedeji Opening the week yesterday, stock market closed on bearish sentiments amid selloffs in Index heavyweights, Airtel Africa (-8.31 per cent), MTNN (-1.27 per cent) and Seplat Energy (-4.17 per cent) and 19 others draw stock market lower…
