The Board of PZ Cussons Nigeria Plc has announced the appointment of Mallam Ballama Manu and Mrs Oluwatoyin Odutayo as Independent Non-Executive Directors. A statement signed by the Company Secretary/Legal Adviser, Jacqueline Ezeokwelume, said the appointments took effect on November…
Nigeria’s leading consumer goods companies earned a whopping sum of N1.059 trillion as revenue in the last nine months of the year 2022, outperforming their earnings in the corresponding period of 2021 of N811.887 billion. According to the information contained…
By Philemon Adedeji The Nigerian equities market opened the new month mixed albeit with a bearish tilt as the benchmark index closed marginally lower by 3.4 absolute points or 0.1 per cent to settle at 47,656.64 points from 47,660.04 points…
The exchange rate between the naira and the US dollar closed at an average of N767/$1 on Wednesday at the black market, representing a 0.39 per cent appreciation as against N770/$1 recorded on Tuesday. Also, the value of the naira…
The stock market rebounded on Wednesday as market capitalisation gained N184 billion or 0.71 per cent to close N25.959 trillion compared with N25.775 trillion on Tuesday. Also, the All-Share Index (ASI) rose by 337.07 points or 0.71 per cent to…
By Philemon Adedeji FCMB Group Plc’s has released its unaudited financial results for the period ended September 30th, 2022, reporting gross earnings which grew significantly by 33.85 per cent year-on-year (Y-o-Y) to N200.067 billion in third quarter (Q3) of 2022…
The exchange rate between the naira and the US dollar closed at an average of N770/$1 on Tuesday at the black market, representing a 0.39 per cent appreciation as against N773/$1 recorded last week Friday. In the same vein, the…
By Philemon Adedeji Bearish sentiment extended for the second day of the week in the Nigerian equities market as losses occurred in GTCO, Stanbic IBTC, MTNN, Buacement and others drew market capitalization lower to N62 billion. The downturn was impacted…
The Nigerian former Military Head of State, General Ibrahim Babangida has been awarded honourary Fellowship of Chartered Institute of Stockbrokers (CIS) for his exceptional contributions to the growth and development of the Institute from its formative years in continuation of…
By Philemon Adedeji The Nigerian Exchange Ltd. (NGX) lost N64 billion, 0.25 per cent, as market capitalisation closed at N25.837 trillion on Monday compared with N25. 901 trillion on Friday. Also, the All-Share Index (ASI) lost by 117.89 points or…
