05
SepStock market extends weekly gain by N197bn, returns 0.73% WtD
The Nigerian stock market last week closed on a bullish note as 43 stocks led by VITAFOAM advanced in their prices. The All Share Index grew by 0.73% week on week to close at 50,045.83 points from the previous close of 49,682.15 points. The Market Capitalisation grew by 0.74% week […]
05
SepInvestors Gain N85bn as NGXASI grows further by 0.31%
The Nigerian equity market on Friday grew further as the All Share Index grew by 0.31% to settle at 50,045.85 points from the previous close of 49,889.80 points. Investors gained 85 billion as The Market Capitalisation was up by 0.32% to close at N26.994 trillion from the previous close of[…]
02
SepBusiness & EconomyDangote Sugar to expand production capacity
President of Dangote Group, Aliko Dangote said the company was embarking on Phase II of its sugar project, which will then cover over 100,000ha to make the sugar plant, the largest in Africa. According to the business tycoon, Dangote Sugar Refinery Plc is planning to significantly reduce the importation of sugar into[…]
02
SepNigeria’s capital importation grew by 75.34% in Q2 2022
The Nation Bureau of Statistics has reported that the total value of capital importation into Nigeria in the second quarter of 2022 stood at $1.535 billion from $875.62 million in the corresponding quarter of 2021, showing an increase of 75.34%. When compared to the preceding quarter, capital importation decreased by[…]
