Nigeria’s dollar woes leave record N452 billion forex loss across big consumer goods companies
The highest exchange loss, N123.8 billion, was posted by consumer goods powerhouse Nestle Nigeria, which also saw the sharpest deterioration ...
The highest exchange loss, N123.8 billion, was posted by consumer goods powerhouse Nestle Nigeria, which also saw the sharpest deterioration ...
The company's profit grew 110.4 per cent to N946.1 million from N449.7 million in 2021
Helping gains were Okomu Oil, International Breweries, Cadbury and Presco.
Helping gains were Okomu Oil, International Breweries, Cadbury and Presco.
NGX 30, the index that tails the 30 biggest stocks on the exchange, climbed 0.82 per cent to its summit ...
Transcorp and PZ Cussons make the list, as did Cornerstone Insurance.
Airtel continued to draw interest from investors, garnering 10 per cent gain.
Analysts say the firms share price rise was not necessarily driven by company fundamentals or specific business benefiting news.
Akeredolu's boldness must be built upon to address the problems of competitiveness, low living standards, paucity of entrepreneurial capital and ...
The rise derived boost from investor exuberance for the shares of United Capital and those of energy and consumer goods ...
Transcorp was the most active stock with 428.292 million units of its stocks worth N559.209 million traded in 903 deals.
The consumer goods sector was worst hit by the downtrend of the five sectorial indices as it slid by 0.62% ...
The loss of N198 billion was due to month-end rebalancing.
The market capitalisation garnered N162 billion or 1.47 per cent to close at N11.144 trillion in contrast with N10.982 trillion ...
The index which opened at 28,140.41 lost 73.32 points or 0.26 per cent to close at 28,067.09.
Top global brands honoured alongside Globacom include Shell, Apple, Netflix, Cadbury, Carlsberg, Nokia, DHL etc.
The market capitalisation lost N59 billion or 0.45 per cent to close at N13.078 trillion against N13.137 trillion.
The market capitalisation lost N82 billion to close at N11.094 trillion against N11.176 trillion achieved on Friday.
The market capitalisation which opened at N11.978 trillion shed N41 billion to close at N11.978 trillion.
Nestle led the gainers’ table with a gain of N46.80 to close at N1,615 per share.
“… politicians are already preoccupied with the polls, but I am bothered more about security and the economy.”
Dangote Sugar was the second best performing stock in July.
The company’s revenue for 2016 stood at N29.9 billion, as against N27.8 billion posted last year.
Total led the gainers’ table, growing by N29.72 to close at N319.72 per share.
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