Oil firms, others lift stock market index by 0.83%
Equity transactions on the floor of the Nigerian Stock Exchange sustained rising profile, following gains recorded by major highly capitalized stocks, especially Seplat and Mobil causing the All-share index to rise further by 0.83 per cent.
Dangote cement, NASCON others lift NSE index further by 1.58%
Price gains recorded by most blue chip stocks especially Dangote cement and National Salt Company of Nigeria (NASCON), yesterday buoyed transactions on the trading floor...
Ethiopia probes killing of Dangote Cement country manager
Ethiopian authorities are investigating the murder of the country manager of Dangote Cement Plc, the manufacturer owned by Africa’s richest man, and two other staff. Unidentified gunmen shot dead Deep Kamra, his secretary and his driver on Wednesday, Tariku Alemayehu, deputy manager for sales and marketing in Ethiopia, said by phone. The killings took place…
NB, Dangote Cement others lead NSE N124billion loss
The bears again upstaged the bulls yesterday, as profit taking takes a toll on some highly capitalised stocks, especially Nigerian Breweries (NB), and Dangote Cement, causing market capitalisation to dip by N124billion.
Total, Dangote Cement lead stock market’s N16b loss
Despite price gains that outweighed losses, transactions on the equity sector of the Nigerian Stock Exchange (NSE) closed on a downward note yesterday, as most highly capitalised stocks, especially Total and Dangote Cement depreciated in price, causing market capitalisation to dip by N16 billion.
Dangote Cement plans London listing within two years
Dangote Cement Plc will consider a London share sale over the next two years as Africa’s biggest producer of the building material seeks funds for expansion. Nigeria’s biggest company, owned by the continent’s richest man, Aliko Dangote, will also seek to raise $500 million via the issue of a Eurobond, Chief Financial Officer Brian Egan…
Flourmills, Dangote Cement lead stock market’s N18b loss
Equity transactions on the trading floor of the Nigerian Stock Exchange (NSE), yesterday, reopened on a downward note, following price losses suffered by most blue chip stocks...
Dangote Cement, Oando, others buoy NSE’s indices by N36 billion
Following price gains recorded by major highly capitalized stocks, especially Dangote cement and Oando, transactions on the stock market closed in an upbeat yesterday, as market capitalisation increased by N36 billion.
Dangote Cement, Unilever, others lead stock market N14b loss
Following price losses suffered by most blue-chip companies, especially Dangote Cement and Unilever Nigeria Plc, transactions on the Nigerian Stock Exchange (NSE) was on a downturn yesterday, as market capitalisation dipped by N14 billion. Yesterday, the All-Share Index which measures the performance of listed equities depreciated by 37.76 points or 0.09 per cent to close…
Dangote Cement posts N204.2b profit
For the financial year ended December 1, 2017, Dangote Cement Plc has posted Profit After Tax (PAT) of N204.2 billion, against N142.9 billion achieved in the corresponding period in 2016.
Investors’ wealth plunges by 1.5%, highest dip in one month
Equity transactions on the stock market closed on a downturn yesterday, following price losses suffered by major highly capitalised stocks, especially Dangote Cement, and Total, as investors’ wealth depreciated significantly by 1.53 per cent.