One day after crossing the 75,000 mark, the NGX has continued its bullish run, appreciating by 2.04 percent, gaining 1,546.69 points to hit 77,537.57 points. Equities gained N847 billion, as the market capitalisation crossed to N42.430 trillion. Gains in the…
By Philemon Adedeji The Nigerian equities market concluded the week on upward tragedy, supported by consistent interest from bargain hunters who remained actively involved in stock trading for a four-day period. Consequently, the NGX All-Share Index (NGXASI) saw a 157.09…
By Philemon Adedeji Trading activities on the Nigerian Exchange Limited (NGX) closed flat for the fourth consecutive session as the All-Share index (ASI) gained 0.01 per cent to close at 65,492.81 basis points from 65,488.67 basis points it closed trade…
By Philemon Adedeji The Nigerian equities market continue for the second day of the week in an optimistic note, as bullish sentiment remained predominant. Consequently, the NGX All-Share Index (NGXASI) appreciated by 286.26 basis points or 0.44 per cent during…
By Philemon Adedeji Dangote Sugar Refinery plc, has released its unaudited results for the period ended June 30th, 2023, reporting a 9.3 per cent y/y growth in revenue to N202.78 billion at the end of June 30th, 2023 from N185.46…
By Philemon Adedeji Despite the economic headwinds that characterised 2022, Dangote Sugar Refinery Plc (DSR) will pay N18.22 billion as dividends to shareholders for the year ended December 31, 2022, while also targeting the production of over 170,000 tonnes of…
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…
President of the Dangote Group, Aliko Dangote has announced that the Dangote Sugar Refinery (DSR) Plc is significantly scaling up its investment in the sugar sub-sector in line with the requirement of the Nigeria Sugar Master Plan (NSMP). Speaking at…
The Dangote Sugar Refinery Plc (DSR) has scaled up its social intervention programmes around host communities in Adamawa and Nasarawa States where its Backward Integration projects are located. The Group is investing hugely in raw sugar production as part of…
Nigeria’s largest sugar refinery, Dangote Sugar Refinery Plc has recorded a profit before tax (PBT) of N29.73 billion for the half year ended June 30, 2022. According to the refiner’s unaudited results posted on the portals of the Nigerian Exchange,…
