PZ Cussons to buyout shares from all shareholders at N21
PZ Cussons Nigeria Plc has notified the Nigerian Exchange Limited and the investing public that PZ Cussons Holdings Limited (the Core Shareholder) has informed the Board of Directors of the Company of its intention to acquire the shares held by all the other shareholders of PZCN, subject to prevailing market […]
Stock market extends bullish trend by 1.11%
It was yet another bullish session on the floor of the Nigerian stock market on Monday as bullish trend extended to third straight session. The All Share Index grew by 1.11% to close at 68,279.14 points from the previous close of 67,527.19 points. The Market Capitalisation was up by 1.11%[…]
Company Income Tax hits N1.53tn in Q2 2023- NBS
The National Bureau of Statistics has reported that the aggregate Company Income Tax (CIT) for Q2 2023 was N1.53 trillion, indicating a growth rate of 226.40% on a quarter-on-quarter basis from N469.01 billion in Q1 2023. Year on year, CIT collections in Q2 2023 increased by 114.28% from Q2 2022. […]
Investors gain N1.077tn in one week as stock market advances by 3.00%
The Nigerian stock market closed higher last week, driven by gains in Dangote Cement, Seplat, BUA Foods and other 52 stocks that appreciated in their share prices, week to date. The All Share Index and Market capitalization soared by 3.00% to settle at 67,527.19 and N32.8 trillion respectively. Investors gain[…]