After Tuesday’s positive close, stocks like Oando, Nascon, Thomas Wyatt, UBA and Lasaco dragged Nigeria’s equities market down by 0.30 percent on Wednesday. This year’s return has lowered to +29.15 percent amid two days of negatives as against a day…
Leading food seasoning manufacturer, NASCON Allied Industries has gained more market share even as its profit after tax (PAT) rose by 151 percent to N13. 73 billion for the financial year ended December 31, 2023. A review of the company’s…
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…
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…
National Salt Company of Nigeria (NASCON) Allied Industry Plc, a subsidiary of Dangote Industries (DIL) Ltd., said it recorded a net profit of N2.97 billion, while profit before tax rose from N3.9 billion to N4.3 billion for the year 2021.…
…Wins haulage company of the year Shareholders of NASCON Allied Industries Plc, a subsidiary of Dangote Industries Limited (DIL) have commended the food seasoning company over its impressive performance in the year ended December 31, 2021, in spite of the…
