Sell pressures hit hard on nation’s bourse, indices drops further by N111 billion
Following sustained profit-taking by investors on the Nigerian Stock Exchange (NSE), equity transactions continued on a downward glide yesterday, as market capitalisation dipped further by N111 billion.
Profit taking drags stock market indices by N57b
Hopes for a bulls’ run dimmed yesterday, following renewed profit-taking by investors at the Nigerian Stock Exchange (NSE), as the bears took centre stage again on equity transactions, reversing the Tuesday's positive sentiment, as market capitalisation depreciated by N57billion.
Unilever CEO leads talks at national marketing summit
Unilever Nigeria, Ghana CEO, Yaw Nsarkoh, has confirmed his participation in the forthcoming annual MARKETING EDGE National Marketing Summit.Nsarkoh, who is globally reckoned for his thought-leadership credentials in the areas of marketing and capacity management will be guest speaker at the annual event.
Unilever Nigeria intensifies local raw materials sourcing
Aligning with government’s backward integration policy, Unilever Nigeria Plc has intensified efforts to improve its local sourcing of raw materials by partnering with farmers and intermediary companies. Under its ‘Partner to Win’initiaive, Unilever will be investing in capabilities of intermediary companies to enable them to convert farm produce to usable goods that will be sourced…
Investors’ wealth plunge by N237b in three trading days
Yesterday, investors during the day traded 239.906 million shares valued at N2.929billion in 4371 deals against 144.452 million shares worth N1.511billion in 3716 deals.
Unilever Nigeria holds AGM, declares N378m dividend
Unilever Nigeria Plc. has declared a dividend of N378 million following the approval of the company’s shareholders at the 92nd Annual General Meeting of the Company held in Lagos on Thursday, May 11 at the Muson Centre. The dividend declared amidst a challenging operating year and environment translates to a dividend payout of 10 kobo…
Unilever posts N3.07 billion PAT in 2016
Similarly, its turnover stood at N69 billion, representing 17.8 per cent rise when compared to N59 billion posted 2015. The firm added that a significant portion of the growth is from volume increase.
Unilever reaffirms commitment to operations in Nigeria
Speaking during a courtesy visit to the Special Adviser to the Governor of Lagos State on Overseas Affairs and Investment; Prof. Ademola Abass, Chief Supply Chain Officer, Unilever, Marc Engel, mentioned that...