1 Jan 2021
The Nigerian equity market, yesterday, closed transactions for the month of December upbeat, with a gain of N397 billion, driven by price appreciation on BUA Cement and 17 others.
11 Mar 2020
At the end of yesterday’s transactions, investors' losses at the Nigerian Capital market rose to N656 billion. This is even as the market continues to plunge on COVID-19
24 Feb 2020
Amid continued weak, unstable economic outlook and absence of positive market catalysts, the bears dominated the equities market last week, resulting in four trading days of losses.
26 Oct 2019
It's been fun, since July this year, as sport and music freely mix, following Budweiser, a beer brand announced it plans to showcase its uniqueness at creating relevant, grand and memorable experiences with exciting
24 Oct 2019
ith brewing firms unable to pass on rising costs to consumers, they have called on the Federal Government to review its position on excise duty as operators continue to cave under the pressure of increased duty.
16 Jun 2019
International Breweries, a member of AB InBev, the world’s largest brewer has commended Ogun State government for its policies, which are geared towards the growth of businesses. Legal and Corporate Affairs Director, International Breweries, Otunba Michael Daramola said: “Through the government’s favourable business policies, we were able to build a state-of-the-art brewery which was commissioned…
20 May 2019
Unable to bear the burden of excise duty on their businesses and another proposed upward review in alcohol tax, brewing firms are exploring modalities to pass on costs to consumers, having paid over N50 billion to the Federal Government in the last nine months. The government had introduced a new excise regime on June 4,…
18 Mar 2019
A significant shortfall in availability of cash at the disposal of money market operators, occasioned by increased post-election apathy, has continued to fuel persistent sell pressure on the equities sector of the Nigerian Stock Exchange (NSE), causing investors’ wealth to plunge further by 2.5 per cent as at Friday. A review of market performance last…
12 Mar 2019
For Trophy Larger, the company’s commitment to innovation and creativity appears not to have only helped it whether the storm, it has helped the brand to extend its frontiers in the market. For instance, aside the use of advertising and experiential supports, promoters of the brand, through their agency have invested hugely in sponsorship and…
12 Mar 2019
Despite improved corporate performance, the bears strengthened their hold on the equity sector of the Nigerian Stock Exchange (NSE) yesterday, as the All-share index (ASI), plunged further by 0.9 per cent. Specifically at the close of transactions, ASI depreciated by 287.85 absolute points, representing a dip of 0.90 per cent to close at…
22 Feb 2019
Following profit taking by investors, the Nigerian equity market reversed its positive performance yesterday, as market capitalisation plummeted by N17 billion. Specifically, at the close of transactions yesterday, the All-Share Index (ASI) shed 45.40 absolute points, representing a dip of 0.14 per cent to close at 32,568.65 points. Similarly, the market capitalisation shed N17 billion…
24 Jan 2019
As part of its strategic policy of impacting the communities where it operates, leading beverages manufacturer, International Breweries has donated boreholes, primary health care centers among other projects.....