10
FebMarket extends downtrend as profit taking persist by investors
Transactions on the floor of the Nigerian Exchange on Tuesday closed on bearish note for the third straight sessions as the All Share Index dipped by 0.31% to close at 47,057.24 points from the previous close of 47,203.39 points.Investors lose N79 billion as the Market Capitalisation closed at N25.357 trillion, […]
10
FebEllah Lakes partners with Montserrado Investment Ltd to build a 600TCD Sugar Refinery
Ellah Lakes Plc has announced a collaboration agreement with Montserrado Investment Ltd to build a 600 Tons of Cane per Day Sugar processing plant.This is in support of the National Sugar Master Plan (NSMP) championed by the National Sugar Development Council (NSDC), which is geared towards “Accelerating the development and[…]
07
FebFlour Mills of Nigeria achieves growth in Q3 financials
Flour Mills of Nigeria Plc, Nigeria’s leading integrated food and agro-allied business, and owners of the iconic brand, ‘Golden Penny, has published its unaudited nine months financial results, showing impressive growth. Continuous product innovation, improved capacity utilization, and effective route to market strategies aided the Group’s outstanding financial performance across[…]
07
FebStocks to watch as impressive Q4 earnings boost investors’ confidence
The positive vibration in the stock market, triggered by impressive Q4 earnings was sustained last week as NGXASI closed higher by 2.33% week on week. There is renewed optimism by investors as they take position ahead of Audited results and dividend declaration.The outlook for the month of February is projected[…]
