Nigerian stocks record biggest daily gain since start of year
The main equity index added N532.2 billion or 2 per cent as sector leaders Airtel Africa and Nestle drove gain.
The main equity index added N532.2 billion or 2 per cent as sector leaders Airtel Africa and Nestle drove gain.
Lagos, Port Harcourt, Ibadan, Abuja, Maiduguri, Kano and Owerri will start MTN 5G services but no date has been disclosed...
The all-share index jumped by 120.6 basis points to 48,675.3, while market capitalisation closed rose to N26.3 trillion.
The board has announced an interim dividend of N1.50 per unit, a half more than what it paid for the...
Profit before tax stood at N130 billion, 11.1 per cent higher than last year’s, while after-tax profit rose only by...
Year to date, the index is up 15.6 per cent.
The all-share index expanded 80 points to close at 49,709.5, while market capitalisation closed higher at N26.8 trillion.
Traders ignored impressive half-year earnings of Presco and FBN Holdings as they put huge volumes of both firms’ shares to...
Sell-off in the shares of cement makers BUA Cement and Dangote Cement triggered the drop in a session.
The all-share index dropped 1,139 basis points to close at 49,350.7, while market capitalisation eased to N26.6 trillion.
Seplat's move to take over the asset suffered setback after NNPC asserted a right of first refusal on the deal.
The all-share index increased 675.7 points to 50,626 points, while market capitalisation closed higher at N27.3 trillion.
The 67- kilometre long pipeline infrastructure obviates the need to depend on the Trans Forcados System.
Flour Mills said it added 8,000 new outlets during the period under review.
Revenue totalled N35.7 billion up from N26.8 billion, the document seen by PREMIUM TIMES showed.
Shares in the corporation gained 5.3 per cent on Friday following the news.
Profit before tax scaled up by N20.5 billion to N65.7 billion, while after-tax profit stood 48.6 per cent higher than...
Rising by 5.8 per cent, net profit was N1.5 billion.
Profit after tax climbed to N28.2 billion, improving by more a third over the figure a year ago.
It is the company's second of such transaction on the continent in less than two months.
One bright spot that could catalyse improvement in the market is the corporate results of most mid and big-cap companies...
The comeback hung on its bumper revenue of N184.6 billion which, thanks to a much-improved net interest income that eclipsed...
The firm targets Uganda, Egypt and Cameroon, a pointer to the likelihood the company could be leveraging those markets as...
The fall followed profit-taking actions by traders in the shares of Nigerian Breweries although intense sale of shares in GTCO...
The firm says it will spend on network expansion, as well as “working capital management and general corporate purpose.”
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All content is Copyrighted © 2024 The Premium Times, Nigeria