30

Jan

Cadbury Nigeria Plc Reports N10.43 Billion Loss for FY 2024

Cadbury Nigeria Plc has declared a loss after tax of N10.43 billion for the 12-month period ended December 31, 2024, despite a significant increase in revenue. Key Financial Highlights: Analysis & Outlook: While Cadbury Nigeria saw substantial revenue growth, persistent losses highlight ongoing cost pressures, operational challenges, and possibly macroeconomic factors affecting profitability. The reduction in losses […]

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30

Jan

Market gains N365bn as NGXASI rises by 0.57%

The Nigerian stock market on Wednesday closed higher as the All Share Index rose by 0.57% to settle at 104,549.74 points from the previous close of 103,958.75 points. The Market Capitalisation was up by 0.57% to close at N64.521 trillion from the previous close of N64.156 trillion, thereby gaining N365 billion. An aggregate of 421.6 million units[…]

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08

Jan

GTCO raises N209.41bn at first phase of equity capital raise programme

Guaranty Trust Holding Company Plc (GTCO) has made significant strides in its growth and expansion plans, completing the first tranche of its equity capital raise programme. The highlights of this milestone are as follows: Key Developments: CEO’s Statement: Segun Agbaje, the Group CEO, expressed gratitude to shareholders and regulators for their support. He highlighted the successful capital[…]

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