The directors of Nigerian Breweries (NB) Plc, have recommended an interim dividend of N4.8b translating to 60 kobo per ordinary share of 50 kobo for the period ended September 30, 2018.

The bulls upstaged the bears on the equity sector of the Nigerian Stock Exchange yesterday, occasioned by price gains on highly capitalised stocks, as the All-share index increased marginally by 0.4 per cent.

Following renewed profit taking by investors on the Nigerian Stock Exchange (NSE), equity transactions reopened for the week on a downward note, causing market capitalisation to dip by N16 billion. Specifically, at the close of transactions yesterday, the NSE-ASI was down by 43.98 absolute points, representing a dip of 0.14 per cent to close at…

As the coast becomes clearer following last week’s emergence of candidates for various offices at the party level, activities in the equities sector of the Nigerian Stock Exchange (NSE) witnessed some level of stability at the end of transactions yesterday, causing the All-share index ...

The bears maintained dominance at the end of yesterday’s transactions on the equity sector of the Nigerian Stock Exchange (NSE), following price losses incurred by most highly capitalised stocks, as market capitalisation depreciated further by N94 billion.

Following price losses recorded by most bluechip companies, equity transactions reopened on a bearish note yesterday, causing market capitalisation to plummet by N32 billion.

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…

Renewed sell pressure on the trading floor of the Nigerian Stock Exchange (NSE), yesterday, reversed four-days bullish run, causing the All-share index to dip by 1.09 per cent.

Nigerian Breweries Plc has attributed a 22 per cent slide in profit to the new excise duty regime and higher tax on beer introduced by the Federal Government in June 2018, which impacted on affordability.

The Nigerian Breweries has extended the deadline for submission of entry for the 2018 Maltina Teacher of the Year and Golden Pen Awards to Friday, July 20, 2018.

The Nigerian Breweries (NB) Plc will be rewarding journalists with cash prizes of up to N2 million and other gift items at this year’s 10th edition of its Golden Pen Reporter of the year awards.

Equity transactions on the trading floor of the Nigerian Stock Exchange rebounded from 12-day downtrend yesterday, as most blue-chip stocks appreciated in price, causing market capitalisation to increase by N47 billion.