Guinness Nigeria Plc released its Q1 2022 Unaudited results for the period ended September 30th, 2021. Key Highlights Revenue grew by 58% to N47bn from N30bn in the previous quarter. Profit before tax stood at N5.9bn. Profit after tax stood at N4bn. Net Assets grew by 6.7% from N74bn to N79bn. Share Price Currently Stands […]
Kayode Tokede Guinness Nigeria Plc has migrated from N841.6 million losses reported in first quarter (Q1) ended September 30, 2020 to N4.04billion reported in first quarter ended September 30, 2021. The subsidiary of Diageo Plc impressive performance in the period was driven by growth in revenue that gained 58 per cent to close Q1 2021 […]
Guinness Nigeria, a subsidiary of Diageo Plc, has posted a revenue of N47.46 billion for its first quarter period ended 30 September 2021. The unaudited results which were released to the Nigerian Exchange Group (NGX) revealed a 117% increase in gross profit in the period, with double digit revenue growth across all key categories despite […]
Investors can now buy and sell the same company shares several times during a single day taking advantage of small price movements. The Nairobi Securities Exchange (NSE) finally launched day trading on Monday, two years after setting up a system that separates trading and post-trading activities hence allowing for trading positions several times during the […]
Pensioners have enjoyed the highest returns from investments in four years helped by the big gains on the shares of Safaricom and large banks, which make up the bulk of the pension industry equities investments. Pension funds surveyed by fund administrator Zamara and Actuarial Services East Africa (Actserv) show a return of 15.1 percent on […]
The Nairobi Stock Exchange is starting to dream of better days ahead as foreign investors troop back in. The bourse, which is the largest in East and Central Africa in terms of market capitalization, has seen a 64% jump in foreign investor activity over the last month. This indicates that investor confidence in the market […]
source: Africa.com In a major virtual summit with over 1,000 high-level attendees, Africa.com revealed the names of the 50 most senior women in Corporate Africa. The Africa.com Definitive List of Women CEOs is distinguished in that it is data-driven. The researchers started by working with data provided by Bloomberg and evaluating the over 1,400 companies […]
National Treasury, Public Debt Management Office Director-General Wohoro Ndoho (centre) rings a bell at Nairobi Securities Exchange (NSE) to launch the listing of M-Akiba bond, an exclusively mobile trade bond. [Jonah Onyango, Standard] The dark cloud that has ominously hung over the corporate bond market seems to be lifting. With three companies – East African […]
National Treasury, Public Debt Management Office Director-General Wohoro Ndoho (centre) rings a bell at Nairobi Securities Exchange (NSE) to launch the listing of M-Akiba bond, an exclusively mobile trade bond. [Jonah Onyango, Standard] The dark cloud that has ominously hung over the corporate bond market seems to be lifting. With three companies – East African […]
In a major virtual summit with over 1,000 high-level attendees, Africa.com revealed the names of the 50 most senior women in Corporate Africa. The Africa.com Definitive List of Women CEOs is distinguished in that it is data-driven. The researchers started by working with data provided by Bloomberg and evaluating the over 1,400 companies listed on […]
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