‘Arc’ shopper earns Leo Burnett NB Plc’s advert brief
Leo Burnett’s Arc shopper marketing tool becomes a major differential as the agency netted the Nigerian Breweries multimillion-naira below-the-line (BTL) business in a keenly contested multi-agency pitch. Leo Burnett, a Lagos-based advertising and humankind agency, is renowned for handling complex briefs. Leo Burnett was said to have landed creative development for the brewery giant’s premium…
Bearish sentiments persist as indices plunge further by N55b
Following persistent price losses incurred by bellwether stocks, transactions on the floor of the Nigerian Stock Exchange (NSE), continued on a downward note yesterday, causing market capitalisation dip further by N55 billion. As a result, the All-share Index (ASI) was down by 150.24 absolute points, representing a decrease of 0.48 per cent to close at…
Stock market index rises marginally by 0.4 per cent
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.
Stock market reopens bearish, indices down by N16 billion
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…
Stock market reopens bullish, index rises marginally by 0.2%
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 ...
NSE indices extend losses by N94 billion
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.
Bearish hold force market index down by N32 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.
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…
Renewed sell pressure pulls stock market index by 1.09%
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 H1 2018 profit slides by 22 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.