Dangote Cement posts N191.6bn profit in 6 months
Dangote Cement, has posted a Profit After Tax (PAT) of N191.6 billion, after a tax charge of N89.6 billion
Total, Cutix, others lift NGX capitalisation by N330bn amid holidays
After the two–day holiday to mark the Eid-el Kabir celebration, investors’ renewed appetite in some blue-chip firms, especially in Total and Cutix buoyed transactions on the Nigerian Exchange Limited (NGX) yesterday, causing market capitalisation to increase by N330 billion. Specifically, at the close of trading yesterday, the All-Share Index (ASI) increased by 632.87 points, representing…
Sell-off persists on NGX as capitalisation plunges further by N98b
Trading on the Nigerian Exchange Limited (NGX) closed on a downturn yesterday, following price losses that outweighed gains, causing market capitalisation to dip further by N98 billion.
Stock market extends losses as capitalisation dips further by N301b
The Nigerian Exchange Limited (NGX) extended losses to three consecutive trading days to close on a downturn, yesterday, causing market capitalisation to plunge by N301 billion.
NGX sustains sliding profile as capitalisation plunges further by N167b
The Nigerian Exchange Limited (NGX) extended bearish sentiment to three consecutive trading sessions yesterday, as more highly capitalised stocks depreciated in price. This resulted to a further slide in market capitalisation by N167 billion.
Dangote Cement to pay N97b in corporate tax for 2020
Africa’s largest cement producer, Dangote Cement Plc, has remained a major contributor to the Nigerian economy, with a tax charge of N97 billion for the financial year ended December 31...
Renewed interest reverses eight days of decline, as ASI rises 0.78%
Following renewed buying interest in the shares of Dangote Cement and six others, the stock market reversed eight days losing streak to close upbeat, as the All-Share Index (ASI) increased by 0.78 per cent.
Profit-taking drags stock market index by 0.12 per cent
Transactions on the equity sector of the Nigerian Stock Exchange (NSE) closed on a downward note yesterday. This was triggered by profit-taking in most blue-chip stocks...