Equities trading at the Nigerian Exchange Limited (NGX) on Monday was bearish as negative outing by some high capitalised stocks pushed the market lower. Specifically, the benchmark index dipped by 0.12 per cent to peg the All Share Index (ASI) at 44,399.66 basis points, bringing both the month-to-date and year-to-date outings to stand at 3.94 […]
Floor of the Nigerian Stock Exchange Nigerian stocks depreciated by 0.09 per cent on Tuesday in their worst show since year start as investors dumped food and beverages stocks led by Nestle and Nigerian Breweries, and partial profit-booking weighed. Drop in the share prices of NGX Group and UBA strengthened the loss, with the underwhelming […]
A BUA Foods Factory BUA Foods Plc attained quoted company status after it listed 18 billion ordinary shares in Lagos on Thursday, the firm said, the high point of weeks of transformation and meeting authorities’ as well as regulators’ demands. The milestone implies the food processing firm has gained entry into the Nigerian Exchange Limited […]
Kayode Tokede Dangote Cement Plc and 14 other highly capitalised stocks on the Nigerian Exchange Limited (NGX) contributed 90.2 per cent or N20.10 trillion to overall N22.3 trillion market capitalisation in 2021. The other highly capitalised stocks were MTN Nigeria Plc, Airtel Africa Plc, BUA cement, Nestle Nigeria Plc, Zenith Bank Plc, Guaranty Trust Holdings […]
Nigerian stocks Exchange Nigerian stocks inched up 0.2 per cent or N50.7 billion on Friday, almost completely wiping out the loss recorded at the preceding session, a broad-based advance aided by gains from food and beverages, banking and industrial goods sectors’ shares. International Breweries, United Bank for Africa and Dangote Cement led the climb, with […]
The Vice-Chancellor of Pan-Atlantic University, Ibeju-Lekki, Prof. Juan Elegido, has said its School of Science and Technology will contribute greatly to the manpower needed to boost industrialisation. Speaking during the official commissioning of the building, which was named after the former Managing Director, Nigerian Breweries Plc, Elder Felix Ohiwerei, said the newly built state-of-the-art edifice […]
December 12, (THEWILL) – Nigerian Breweries Plc posted a huge decline of N852 million in its Group profit after tax (PAT) for the third quarter (Q3) of 2021. This represents a 63 percent drop from N1.35 billion recorded in the corresponding Q3 (Quarter-to-Date) of 2020 to N498 million in the Q3 (Qurter-to-Date) review period – […]
FBN Holdings Kayode Tokede Insiders in fundamental stocks on the Nigerian Exchange Limited (NGX) transacted N32.4billion worth of stocks in 2021, data gathered by THISDAY revealed. The insiders include Managing Directors, Deputy Managing Director, Non-executive Directors, and shareholding firms, among others. The companies whose directors were involved in the transactions include; Nestle Nigeria Plc, Dangote […]
By Providence Adeyinka The Board of Directors of Nigerian Breweries Plc, has announced the appointments of Asue Ighodalo and Juliet Anammah as new Non-Executive Directors. In a notice to the Nigerian Exchange Limited, NGX, signed by the Company Secretary/ Legal Director, Uaboi Agbebaku, the Company stated that the appointments of the duo take effect from […]
The Consumer Goods Index, which tracks the daily and weekly performance of quoted FMCG companies, appreciated by 0.08%, from 546.42 points the previous day, to 546.85 points, at the end of today’s trading session. The increase recorded in the consumer goods index was driven mainly by Nigerian Breweries Plc and International Breweries Plc, which appreciated […]
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