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JulNigerian Bourse sheds N282bn as ASI decline further by 1.04%
It was yet another bearish session onthe floor of the Nigerian equities market as the All Share Index declined further by 1.04% to close at 49,667.14 points against the previous close of 50,188.55 points on Wednesday. The market capitalisation closed at N26.783 trillion, down by 1.04% from N27.065 trillion recorded […]
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JulNEM Insurance boosts half year profit by 25.73% to N2.53bn
NEM Insurance on Wednesday published its half year report for the period ended 30 June 2022. The underwriting firm achieved growth in its top line and bottom line figures, year on year. Gross Premium Written of N20.248 billion was reported for the 6 months period, up by 25.87% from N16.087[…]
28
JulCadbury reports 50.5% rise in turnover, grows PAT to N2.34bn in HY 2022
Cadbury Nigeria Plc in the first half 2022 achieved significant growth in its turnover and profit after tax. The Unaudited Financial Statement of the Company for the period ended 30 June 2022 revealed 50.5% growth in turnover to N27.877 billion from N18.523 billion reported the previous year. Profit after tax[…]
28
JulMarket extends downtrend, sheds N137bn
The equity market on Wednesday closed on a bearish note as downtrends extends to seven straight sessions amidst profit taken. The All Share Index dropped by 0.50% to settle at 50,188.55 points from the previous close of 50,442.37 points. The Market Capitalisation declined by 0.50% to close at N27.065 trillion[…]
