Dangote Flour Mills
Halima Dangote’s impressive strides
Halima Dangote, one of the beautiful daughters of Africa’s richest man, Alhaji Aliko Dangote, has continued to take the leading role in her father’s business empire. Halima has just been appointed as the Group Executive Director, Commercial Operations of Dangote Industries Limited, one of Africa’s largest and most diversified business conglomerates. It was gathered that…
Equities defy earnings’ scorecards as investors lose 0.32% in one week
Despite the 2019 third quarter (Q3) financial results so far released by some listed companies, the bearish trend that had dominated the market in recent times continued unabated last week.
Market capitalisation lost N48bn, amid profit taking
The Nigerian equities market resumed trading for the week on consolidation of a five-day losing streak with a loss of N48 billion due to bargain hunting.
Bargain hunting: NSE indices drop further by 1.30%
Trading on the Nigerian Stock Exchange (NSE) resumed on Thursday after the two-day holidays to mark Eid-el-Fitri on a bearish trend due to bargain hunting.§ The News Agency of Nigeria (NAN) reports that the All-Share Index lost 401.22 points or 1.30 per cent to close at 30,527.07 compared with 30,928.29 on Monday. Similarly, the market…
Bearish run plunges market index further by N46 billion
The Nigerian Stock Exchange (NSE), sustained a bearish run for the third consecutive day, occasioned by price losses in most bellwethers...
NSE’s index sustains sliding profile, down by 0.4 per cent
Transactions on the equity sector of the Nigerian Stock Exchange (NSE), sustained the sliding profile yesterday, as more bellwether stocks depreciated in price, resulting to a further slide in the All-share index by 0.4 per cent. Tuesday, the All Share Index (ASI) fell by 100.46 points or 0.34 per cent to 29,096.41 points. Accordingly,…
Chams, Dangote Flourmills lead in stock market’s N94 billion gain
The equities market reversed previous losses to close in an upbeat at the end of yesterday’s transactions, following price gains by most bluechip companies, especially Chams and Dangote Fourmills, causing market capitalisation to appreciate marginally by N94 billion. At the end of trading, the All-Share Index (ASI), which measures the performance of listed companies, gained…
Market rebounds by 0.7% on expectations of bumper earnings
After few days of downturn, expectations of brighter outlook on companies’ performance for the 2018 financial year, spurred investors’ appetite in some highly capitalized stocks yesterday, causing the All-share index to rise by 0.7 per cent.
Dangote Foods rewards 77 distributors, promises better year
Hundreds of customers as well as 77 major distributors from across the nation were honoured at the 2018 Dangote Customers Celebration...