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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 its core business segments.Key HighlightsFlour Mills of […]

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 to be positive for the market based[…]

The stock market last week closed on a bullish note amidst profit taking and portfolio rebalancing by investors. Investors are taking position ahead of audited reports of companies that will pay dividend.The All Share Index appreciated by 2.33% week on week to close at 47,279.92 points from the previous close of 46,205.05 points.On the Nigerian Exchange, investors[…]