05
SepThe 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 […]
02
SepPresident 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[…]
02
SepThe Nation Bureau of Statistics has reported that the total value of capital importation into Nigeria in the second quarter of 2022 stood at $1.535 billion from $875.62 million in the corresponding quarter of 2021, showing an increase of 75.34%. When compared to the preceding quarter, capital importation decreased by 2.40% from US$1,573.14 million. The largest amount[…]
