The Nigerian stock market dipped further last week as MTN, SEPLAT and other 29 stocks shed weight. The All Share Index and Market capitalization declined by 1.04% and 1.08 to settle at 51,355.74 and N27.963 trillion respectively. An aggregate of slightly over 3.9 billion units of shares were traded in 16,856 deals, valued at N15.6 billion. The […]
Cadbury Nigeria Plc over the weekend published its First Quarter report for the period ended 31 March 2023. The report significant growth in the company’s top line and bottom line figures, year on year. A turnover of N16.563 billion was reported for the 3 months period, up by 29.51% from N12.789 billion reported the previous year. Profit[…]
Prices of stocks on the Nigerian Exchange last week continued its southward journey, shedding 1.04% week on week. Year to date, the market has returned 0.20%, dropping from 8.89% being the highest return as at February 28, 2023. Most stocks have released their Audited reports with dividend declarations for the year end 2022. Prices have been adjusted[…]