Unilever begins journey to separate tea business entity
Charles AbuedeAugust 5, 2020
By Charles Abuede Generated €2bn in 2019 global revenues Unilever Nigeria plc, a leading personal care and consumer
Dollar slump puts investors on edge about its status as world’s reserve currency
Businessam StaffAugust 5, 2020
Some investors are worried the U.S. response to the coronavirus pandemic is dealing a body blow to the dollar, potentially
Naira opens Wednesday strong at N382/$ in official window but struggles at BDC, street markets
Charles AbuedeAugust 5, 2020
By Charles Abuede The Nigerian naira traded at ₦382.3 to the dollar in the foreign exchange market August 04, 2020, as the foreign
Access Bank stock gains on news of dividend payment
Omobayo AzeezJuly 30, 2020
By Omobayo Azeez The shares of Access Bank Plc listed on the Nigerian Stock Exchange (NSE) appreciated by N0.5 or 0.79 per cent from
MTN Nigeria’s profit falls to N94.88bn amidst 12.5% rise in revenue
Omobayo AzeezJuly 30, 2020
By Omobayo Azeez Despite a double digit increase in its revenue in the H1’2020, MTN Nigeria had its net profit slipped by 4.7 per cent
Equities market closes positive with N23bn gain
Omobayo AzeezJuly 30, 2020
By Omobayo Azeez The Nigerian equities market closed on a positive note with a gain of N23 billion on Wednesday, the last
Bears’ return in large cap stocks cost equities N70bn
Omobayo AzeezJuly 28, 2020
By Omobayo Azeez The bull’s party at Nigeria’s domestic stock market has been crashed by the return of the bears as the market
Cement Stocks lead N186bn gain to commence July’s last trading week
Omobayo AzeezJuly 28, 2020
By Omobayo Azeez The Nigerian stock market opened on Monday with a gain of N186 billion at the close of the sessionthat marked the
Dangote Cement rakes in N126.14bn profit from N0.48trn H1 revenues
Omobayo AzeezJuly 27, 2020
By Omobayo Azeez Dangote Cement, the securities at the Nigerian Stock Exchange (NSE) with the largest market capitalization has
Inflation to stimulate money flow into equities assets, say analysts
Omobayo AzeezJuly 26, 2020
As market posts highest gain in 7 weeks; 94% rise in turnover By Omobayo Azeez A massive inflow of funds into equities investment has