11
AugThe Nigerian equity market on Wednesday bounced back from two previous bearish sessions driven mainly by 9.96% price appreciation in Dangote Cement as the All Share Index rose by 1.47% to settle at 50,075.49 points from the previous close of 49,350.71 points. The Market Capitalisation grew by 1.47% to close at N27.009 trillion from the previous close […]
09
AugDangote Cement last week published its half year report for the period ended 30 June 2022. A turnover of N808.037 billion was reported for the 6 months period, up by 17.01% from N690.545 billion reported the previous year. Profit after tax of the Group dropped year on year by 10.19% to N172.104 billion from N191.63 billion reported[…]
09
AugSeplat Energy Plc has announced that it has received a letter from the Honourable Minister of State for Petroleum Resources notifying Seplat Energy that His Excellency, President Muhammadu Buhari has approved that Ministerial Consent be granted for cash acquisition of the entire share capital of Mobil Producing Nigeria Unlimited (MPNU) from its shareholders. The buyer is Seplat[…]
