The Nigerian stock market last week closed on a bullish note as 43 stocks led by VITAFOAM advanced in their prices. The All Share Index grew by 0.73% week on week to close at 50,045.83 points from the previous close of 49,682.15 points. The Market Capitalisation grew by 0.74% week on week to close at and N26.994 […]
The Nigerian equity market on Friday grew further as the All Share Index grew by 0.31% to settle at 50,045.85 points from the previous close of 49,889.80 points. Investors gained 85 billion as The Market Capitalisation was up by 0.32% to close at N26.994 trillion from the previous close of N26.909 trillion. An aggregate of 240 million[…]
President of Dangote Group, Aliko Dangote said the company was embarking on Phase II of its sugar project, which will then cover over 100,000ha to make the sugar plant, the largest in Africa. According to the business tycoon, Dangote Sugar Refinery Plc is planning to significantly reduce the importation of sugar into the country by 40 per cent, thus[…]