The Nigerian stock market on Wednesday admitted the Bear, halting five straight days of gains as the All Share Index dropped by 0.53% to close at 55,508.61 points from the previous close of 55,806.26 points. The Market Capitalisation declined by 0.53% to close at N30.239 trillion from the previous close of N30.401 trillion, thereby shedding N162 billion. […]
Bola Tinubu of the All Progressives Congress (APC) has been declared winner of Nigeria’s most presidential elections. Chairman of the Independent National Electoral Commission (INEC), Professor Mahmood Yakubu, made the announcement on Wednesday at the National Collation Centre in Abuja. “That Tinubu Bola Ahmed of the APC, having satisfied the requirement of the law, is hereby declared[…]
Dangote Cement Plc has declared a final dividend of N20 to its shareholders for the year ended 31 December 2022. The Cement manufacturing giant declared a turnover of N1.618 trillion for the 12 months period, up by 16.96% from N1.384 trillion reported the previous year. Profit after tax of N382.31 billion was reported for the period under[…]