Nigerian stocks rally amid depressed trading
Dangote Cement, Honeywell Flour and UACN led the charge, with the advance helping to pare the bourse’s year-to-date loss to ...
Dangote Cement, Honeywell Flour and UACN led the charge, with the advance helping to pare the bourse’s year-to-date loss to ...
UPL topped the losers’ table, declining by 9.79 per cent to close at N1.29.
“The issue is currently under control. It was a minor struggle that had snowballed into a serious crisis."
Profit before tax was up 72.7 per cent at N281.3 billion.
Impressive earnings releases by Cutix and TotalEnergies on Thursday have been accompanied by dividend declarations from both firms.
The benchmark index was down by 0.01 per cent.
The all-share index climbed 313.45 basis points to 38,212.01.
In all, 202.718 million shares estimated at N2.408 billion were traded in 3,630 deals.
The day’s positive show hinged on the performances of Okomu Oil, Dangote Cement and WAPCO.
Year to date, the index is down by 3.45 per cent.
Dangote Cement shares continue to rise as the company schedules a restart of a buyback.
The index is down by 4.44 per cent year to date.
Sector heavyweights including Seplat, Nestle and Dangote Cement led the comeback.
Dangote Cement hopes the move will help create a lower supply of its common stock, needed to drive up share ...
The market breadth was negative, with 21 laggards recorded, compared to 16 gainers.
Unanimously, the shareholders approved N272.6 billion as dividend, translating to N16 per share for the year ended December 31, 2020.
The all-share index slid 116.96 points to close at 38,328.13, while market capitalisation declined to N20.04 trillion at the end ...
Trade ended with a positive breadth with 24 gainers recorded against 22 losers.
Dangote Cement Senegal currently holds a capacity of 1.5 million tonnes per year.
Sales surged by more than one-third from N249.182 billion to N332.7 billion.
The tax credit for the Apapa-Oworonshoki-Ojota expressway is valued at N21.6 billion while that of Lokoja-Obajana-Kabba expressway is valued at ...
Dangote Cement controls 61 per cent of the market share, Lafarge Africa 22 per cent and BUA Cement the rest.
The Senate says providing concessionary loans and tax incentives to new investors would help reduce the price of cement in ...
“Prices change on a daily basis, so as we are talking now, I cannot guarantee the prices it will be ...
A survey in Bauchi, Gombe, Borno, Yobe, Adamawa and Jigawa, indicated an average of 40 per cent increase in price.
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