PZ Cussons
20 Sep
PZ Cussons, the multinational consumer goods company, has announced plans to sell its African subsidiaries, including its Nigerian operations, as part of efforts to mitigate the impact of the ongoing foreign exchange crisis. The company's decision follows the significant devaluation of the naira by 70%, which has heavily affected its financial performance. In its preliminary…
9 Sep
Despite anticipations of interim dividend for the second quarter financials scorecards, four, out of five indices closed lower at the end of last week's transactions on the equities sector of the Nigerian Exchange Limited (NGX).
14 Aug
The crises affecting firms under the manufacturing and fast-moving consumer goods (FMCG) sector may have caused six listed firms an average of 25 per cent loss in their share price valuation in the last seven months.
21 May 2024
Despite losses by many equities, transactions at the Nigerian Exchange Limited (NGX) reopened in an upward note yesterday as market capitali
20 May 2024
The banking index led the losers' chart at the end of last week's transactions on the equities sector of the Nigerian Exchange Limited (NGX) with 6.51 per cent occasioned by price in United Bank for Africa and GTCO.
14 May 2024
Following sell pressure in 19 stocks, the Nigerian Exchange Limited (NGX ) sustained a sliding profile yesterday, as the All-share index plummeted further by 0.5 per cent.
13 May 2024
The consumer goods index led the losers’ chart at the end of last week's transactions on the equities sector of the Nigerian Exchange Limited (NGX) with 1.2 per cent occasioned by price depreciation in PZ Cussons (-27 per cent) and International Breweries (-15.3 per cent).
21 Mar 2024
Minority shareholders have called for a more active collaboration with capital market regulators to strengthen investors' protection and confidence in the market.
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