Stock market’s indices dip further by 0.5%
Equity transactions sustained sliding profile for the fifth consecutive trading sessions, occasioned by heavy profit taking, causing the All-Share Index (ASI) to plummet further by 0.5 per cent. Specifically, at the close of transactions yesterday, ASI shed 162.52 absolute points, representing a decline of 0.48 per cent to close at 33,449.17 points, while the market…
Stock market opens September with N4b losses
Equity transactions on the floor of the Nigeria Stock Exchange (NSE), reopened September trading on a downward note yesterday, as most highly capitalised...
NSE optimistic on re-emergence of IPOs at bourse
Efforts put in place by the Nigerian Stock Exchange (NSE) to ensure a competitive platform for issuers, and listed firms to raising capital may soon come to fruition...
Nigeria pushes ahead with plan to revitalise its sugar industry
A spate of new investments in Nigeria’s sugar sector should help move the country closer towards its objective of self-sufficiency, although current production is lagging behind government targets.
Dangote Sugar posts N19b gross profit in Q3
Dangote Sugar has announced gross revenue of N115.3 billion for the nine months that ended September 30, 2016 against N78 billion achieved in the corresponding period in 2015