16
MayCadbury leads industry in PAT growth in Q1 2022
Comparative analysis of select manufacturing stocks The Bulls in the past few weeks have dominated the Nigerian stock market, triggered by sterling performance of FY 2021 and Q1 2022 results of listed companies on the Nigerian Exchange. Prices of stocks have been rewarded accordingly with some stocks hitting new 52 […]
16
MayStock market extends gains by N1.166trn, returns 4.25% WtD
The Nigerian stock market again closed on a bullish note last week, driven by growth in the share prices of MTN, Seplat, Dangote Cement, Okomu, Presco and 45 other stocks. The All Share Index and Market capitalization rose by 4.25% to settle at 53,098.46 points and N28.626 trillion respectively. An[…]
16
MayFCMB partners Mastercard Foundation to empower SMEs
First City Monument Bank has partnered with the Mastercard Foundation to provide subsidised loans to Micro, Small, and Medium Enterprises to scale their operations and create work opportunities for young Nigerian women and men. The programme which was part of the Mastercard Foundation’s Young Africa Works strategy in Nigeria is[…]
13
MayHoneywell Flour Mills Plc announces resignation of Oba Otudeko, 7 other directors
Honeywell Flour Mills Plc has notified the investing public of the changes to its Board structure. At the extraordinary Board meeting of the Group held on the 10th day of May, 2022, the following resolutions were passed: That the resolutions of the following Directors: Dr Oba Otudeko, Mr Obafemi Otudeko, Mr[…]
