Kayode Tokede The stock market of the Nigerian Exchange Limited (NGX) closed on a positive note last week as investors renewed interest in blue chips listed companies. Amid the bargain hunting activity on the NGX All-Share Index rose week-on-week (W-o-W) by 470.34 basis points or 1.12 per cent to close at 42,353.31 basis points. Similarly, […]
Dangote Cement and MTN once again in 2021 dominate companies listed in the Nigeria exchange The two firms are among the five biggest companies in the exclusive club of over N1 trillion market capitalisation Data from Nigeria Exchange shows this two companies led a group of ten with massive profit declaration Many Nigerian firms will […]
At the end of today’s trading session, Dangote Sugar Plc joined top 5 gainers as share price appreciated by 6.67% to close at N16.00 per share, taking the market capitalization from N182.20 billion to N194.35 billion. Dangote Sugar Plc, today recorded a loss in share price which can be attributed to investors’ positive sentiment which […]
The rise in the price of cement in the current year reflected on the profitability of the three listed center companies as they posted N356.2 billion profit after tax in nine months. Since the beginning of the year, a bag of cement has hovered between N3,800 and N4,000 and it’s likely to rise to N4,500 […]
.Banking sector revenue hits N3.96trn .Six petroleum marketing coys records N776.6bn revenue Kayode Tokede Dangote Cement Plc and 47 leading companies on the Nigerian Exchange Limited (NGX) recorded combined revenue of N8.9trillion in the first nine months of 2021 amid growth in Gross Domestic Product (GDP), THISDAY checks has revealed. The 48 companies’ total revenue […]
The aerial view of Lagos Island Business District PHOTO: FEMI ADEBESIN-KUTI Secretary to the Government of the Federation, Boss Mustapha, has stated that the creation of NG Clearing Limited, the first Central Counterparty (CCP) in West Africa, will complement the Federal Government’s efforts in expanding the economy and improving capital inflow. A CCO is an […]
For many years, the subject of who is Nigeria’s largest employer of labour has been a popular topic While Nigerians strongly believe Dangote is the largest employer and could well be but a recent report shows it is not among the top five The Nigerian banking sector continues to remain a go-to place for many […]
By Dipo Olowookere The Nigerian Exchange (NGX) Limited appreciated by 0.20 per cent on Friday, driven gain in Dangote Cement shares and others during the session. The All-Share Index (ASI) increased yesterday by 83.08 points to 42,353.31 points from 42,270.23 points, while the market capitalisation rose by N50 billion to N22.107 trillion from N22.057 trillion. […]
Good day, Nigeria, welcome to Naija News roundup of business/finance news headlines for today Tuesday, December 21st, 2021. Nigerian stocks’ rise on Monday could hardly pass as gain as the benchmark index managed to add 0.1 per cent amid a drop in the volume of trade by 30 per cent. The little appreciation would not […]
DUBLIN–( BUSINESS WIRE )–The "East Africa Cement Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com’s offering. The East Africa cement market reached a volume of US$ 4.55 Billion in 2020. Looking forward, the publisher expects the East Africa cement market to exhibit strong growth during the next […]
The value of investments can go down in value as well as up, so you could get back less than you invest. Past performance does not necessarily indicate a financial product’s future performance. This website aims to provide information to help you make your own informed decisions. Our publications, ratings and analysis should be viewed as an additional investment resource, not as your sole source of information. This website does not provide personal advice based on your circumstances. To obtain advice tailored to your situation, please contact a professional financial adviser.