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DecBanks commence disbursement of new naira notes
Banks in major cities in Nigeria have started dispensing new naira notes to over-the-counter customers. Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), had on October 26, 2022 said the apex bank will issue redesigned N200, N500, and N1,000 notes, effective December 15, 2022, while the new and […]
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DecPZ Cussons reports N57bn revenue in six months, PAT rises by 198%
PZ Cussons Nigeria Plc on Thursday published its Second Quarter report for the 6 months ended 30, November 2022. The Company reported a total revenue of N57.261 billion for the 6 months period, up by 21.61% from N47.088 billion reported the previous year. Profit after tax grew year on year[…]
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DecDangote Cement shareholders approve share buyback at EGM
Dangote Cement Plc has informed the Nigerian Exchange Limited and the investing Public that the shareholders of the company have approved the proposed share buyback of up to 10% of its issued shares. At the Extraordinary General Meeting of Dangote Cement Plc was held in Lagos, Nigeria the following resolutions[…]
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DecStock market extends bullish trend by 0.50%
It was yet another bullish session on the floor of the Nigerian stock market on Thursday as bullish trend extended to second straight session. The All Share Index grew by 0.50% to close at 49,233.02 points from the previous close of 48,988.04 points. The Market Capitalisation was up by 0.50%[…]
