Dangote cement Transactions on the Nigerian Exchange Limited (NGX) closed on a downward note yesterday, occasioned by losses in shares of Dangote cement and 17 companies, causing market capitalisation to decline by N280 billion. At the close of trading yesterday, the All-Share Index declined by 520.76 per cent, representing a decrease of 1.12 per cent, […]
Dangote Cement Plc has filed a notice announcing that the Securities and Exchange Commission (SEC) has granted the company approval to file its Annual Audited Financial Statements on or before February 28, 2022, which is within sixty days of its year-end. In addition, the regulator granted approval for Dangote Cement not to file its Fourth […]
Airtel Africa, a multinational telecommunications company, has surpassed Dangote Cement to become the most capitalised company listed on the Nigerian Exchange Limited (NGX). For the first time, Airtel Africa hit an all-time high of N1,271 per share during the week with a market capital of N4.7 trillion at the end of Friday’s trading — sealing […]
Airtel Africa is set to become the biggest telecoms operator on the African continent, with the latest interest shown by search engine giant Google. According to BMA Sources, the global internet company plans to buy a 1.28 per cent stake in the company and invest over US$ 967,9 million. Google said it would invest in […]
Kayode Tokede The value of Nestle Nigeria Plc, Nigerian Breweries Plc, Stanbic IBTC Holdings Plc and seven others stocks depreciated by N122.2 billion on the Nigerian Exchange limited (NGX) following investors profit-taking in anticipation of weak corporate earnings, among other factors. Other stocks that performed poorly in January were; Cutix Plc, Berger Paints Plc, C&I […]
Buy-interests in Dangote Cement Plc shares today led to a gain of N241.98 billion in market value as positive sentiments around the share of the cement maker triggered a 5.45% growth in share price at the close of trading activities on the Nigerian stock market. At the close of the market today, data revealed that […]
The list of Nigerian most valuable bank for the first month of 2022 has been revealed with Guaranty Trust Bank and Zenith bank keeping their positions The value of the banks were calculated using how much was added to their total share price as at Friday, December 31, 2021 Nigerian banking sector stocks continue to […]
According to Nairametrics analysis, Airtel Africa Plc has a market cap that is bigger than all the 14 banks listed in the Nigerian Stock Exchange. Airtel Africa has a market cap of N4.78 trillion while the 14 banks combine for N3.77 trillion. This trajectory will continue because telecoms is the operating system of the knowledge […]
NCR NIGERIA is also on the list. Shares are seeing an increasingly optimistic start to the year, leaning on the buoyancy around broadly impressive corporate results, to drive gains. The Nigerian stock market added 2.33 per cent in the just concluded week, with the NGX 30 Index, which tracks the top 30 stocks in terms […]
LAGOS: 2nd February 2022 LAFARGE AFRICA PLC NOTIFICATION OF BOARD MEETING AND CLOSED PERIOD TO CONSIDER 2021 AUDITED FINANCIAL STATEMENTS We hereby notify the Nigerian Exchange Limited and the investing public that a meeting of the Board of Directors of Lafarge Africa Plc ("the Company") has been scheduled to hold on Friday, 25th February 2022 […]
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