Flour Mills of Nigeria Plc reports N1.54tn as revenue in 12 months, declares N2.25 as dividend
Flour Mills of Nigeria Plc has declared a final dividend of N2.25 for the year ended 31 March 2023. The Group reported revenue of N1.54 trillion for the 12 months period, up by 32.3% from 1.16 trillion reported the previous year. Profit after tax grew by 5% year on year […]
Cutix Plc appoints Ifeanyi Uzodike as Non-Executive Director
The Board of Directors of Cutix Plc has notified the Nigerian Exchange Limited, shareholders and the investing public of the appointment of Mr. Ifeanyi Francis Uzodike as a Non-Executive Director of the Company effective August 25, 2023. The announcement was made at the 40th Annual General Meeting of the Company[…]
Investors Gain N324bn as NGXASI advances by 0.90%
The Nigerian equity market on Monday closed higher as the All Share Index advanced by 0.90% to settle at 66,151.38 points from the previous close of 65,558.91 points. Investors gained 324 billion as the Market Capitalisation was up by 0.90% to close at N36.205 trillion from the previous close of[…]
Stock Market Review: August 28, 2023
The stock market last week closed on a positive note with 1.29% growth. Year to date the market has returned 27.92% with the All Share Index and Market Capitalisation at 65,558.91 points and N35.881 trillion respectively. In a stock market review with Mr. Gilbert Ayoola, a capital market expert, the following were[…]