Dangote Cement and MTN Nigeria are the two biggest publicly listed company in Nigeria as at October 2021 The two firms are among the five biggest companies in the exclusive club of over N1 trillion market capitalisation Data from Nigeria Exchange shows as of October 2021, shows there are over 156 listed companies with a […]
Nigerian Breweries HQ [Photo credit: ow.ly] Nigerian Breweries PLC has announced an interim dividend of N0.40 per ordinary share which translates to a total payout of N3.2 billion to its investors. The N0.40 dividend is 60 per cent higher than the N0.25 interim dividend declared last year. Total dividend last year was N0.94. The N0.40 […]
The Nigerian Exchange Limited (NGX) ended the month of October 2021 on a positive note amidst buy-interests and sell-pressures as the bulls dominated proceedings to suppress sell-pressures in the market. According to data from the Exchange, the ASI (All Share Index) appreciated by 4.52% to close the month of October at 42,038.60 points from 40,221.17 […]
Nigerian Breweries Plc has said it posted a profit of N8.47bn for the third quarter of the 2021 financial year, compared to N7.1bn in the same period of 2020. The company’s revenue rose to N309.22bn from N234.02bn in the corresponding period in 2020, according to a statement signed by the Company Secretary/Legal Director, Nigerian Breweries, […]
Nigerian Breweries Nigerian Breweries (NB) Plc has posted revenue of N309.22 billion in its third quarter operations as against N234.02 billion recorded in the corresponding period of 2020. Specifically, the company’s performance for the third quarter that ended in September 31, 2021 showed 32.1 per cent increase in revenue from N234.02 billion to N309.22 billion. […]
The Consumer Goods Index, which tracks the daily and weekly performance of quoted FMCG companies, depreciated week-on-week by 1.46%, from 569.18 points on Monday, to 560.85 points, at the end of Friday’s trading session. The decrease recorded in the consumer goods index was driven mainly by Nestle Nig Plc, Nigerian Breweries Plc and Unilever Nig. […]
Kayode Tokede On the heels of reporting N464.35billion trade and receivable in nine months ended September 30, 2021, the likes of MTN Nigeria Plc, Nigerian Breweries Plc, among other companies might exceed 2020 receivables in this year’s financial results. Trade and receivables are the amount owed to a business by its customers following the sale […]
The Nigerian Exchange market closed on a positive note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) appreciated by 9 basis points. The NGX ASI closed at 42,013.39 points, to reflect a growth of 0.09% from the previous trading day and a Year-to-Date (YTD) return of 4.33%. Meanwhile, the market capitalization increased by […]
At the end of today’s trading session, International Breweries Plc share price depreciated by 2.63% to close at N5.55 per share, taking the Market capitalization from N153.11 billion to N149.08 billion. International Breweries Plc, today, 5th November 2021 recorded a loss in share price which can be attributed to investors’ negative sentiment which triggered sell-pressures […]
International Breweries Plc has reported a profit after tax of N367.5m for the third quarter of 2021, compared with a loss after tax of N1.52bn in the same period a year ago. According to a statement on its financial results, the firm’s revenue rose by 32.1 per cent to N46.43bn in Q3 2021 from N35.15bn […]
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