Dangote Cement
NSE market indices gain 0.07 percent
The nation’s on Monday closed the last trading day of August with a growth of 0.07 per cent, following sustained positive sentiment.
NSE market capitalisation resumes week with N35 billion loss
The Nigerian Stock Exchange (NSE) opened trading for the week on Monday with a loss of N35 billion, amid weak sentiments.
Dangote Cement mulls open tender for share buyback
Nigeria’s biggest listed company Dangote Cement is considering an open tender for a share buyback to return cash to shareholders and is deciding on the size of the programme, its chief executive said on Monday.
Investors gain N73.07 billion as equities market adds 0.58% WoW
Despite weak sentiments, the Nigerian equities market closed positive last week as All Share Index (ASI) gain 0.58 per cent. Thus local bourse recorded its largest weekly gain in seven weeks.
NSE market capitalisation up by N177 billion on Dangote Cement gain
The key market indicators of the Nigerian Stock Exchange (NSE) on Thursday posted the first gain for the week, appreciating by 1.40 per cent.
NSE sustains negative sentiment, ASI down 0.39 per cent
Activities on the Nigerian Stock Exchange (NSE) on Tuesday maintained negative sentiment, with the All-Share Index (ASI) declining further by 0.39 per cent.
NSE market capitalisation rebounds by N107 billion
Transactions rebounded on the Nigerian Stock Exchange (NSE) on Friday with the market capitalisation increasing by N107 billion, after days of bearish trend.
Dangote Cement sustains 54,000 jobs in four African countries
President of Dangote Group, Aliko Dangote, has said that despite the challenging economic situation in 2019, Dangote Cement was able to sustain 54,000 jobs in four African countries, where the company has its operations. The countries are Nigeria, Ethiopia, Senegal and South Africa.
Trading resumes after Eid-el-Fitr celebration with 0.07% growth
The Nigerian Stock Exchange (NSE) reopened trading on Wednesday after the public holidays to mark the Eid-el-Fitr celebration with a marginal growth of 0.07 per cent.
Dangote, MTN emerge most admired African brands
For the third time in a row, Dangote Group has emerged as the most admired African brand, of African continent origin, by consumers, paired with t he telecommunication giant, MTN in a survey of 100 Africa best brands announced in a novel global virtual event that incorporated the market openings of Kenya, South Africa and Nigeria.
Equities sustain rally with N130 billion gains
Nigerian equities continued their rally on Wednesday as increasing bargain-hunting left investors with net capital gains of N130 billion, bringing gains in the past two trading sessions to N266 billion.
NSE market capitalisation rises further by N130 billion
Sentiments remained positive on the Nigerian Stock Exchange (NSE) on Wednesday, with the market capitalisation growing by N130 billion due to gains by Dangote Cement.
Transactions remain upbeat on NSE, indices up 1.09 per cent
The nation’s bourse maintained a bullish mood on Tuesday with the key performance indices increasing further by 1.09 per cent on gains by some blue chips.
How to pull Nigeria from the brink
On Monday, April 27, 2020, British oil and gas giant, BP, became the latest in a growing number of energy firms to declare a massive quarterly loss. Their loss was in the region of $4.4 billion dollars. Bear in mind that this was a conglomerate that posted a $2.6 billion profit in the corresponding quarter of 2019.
NSE investors lose N222 billion in six hours
Activities opened on the Nigerian Stock Exchange (NSE) for the week on a bearish posture with the market capitalisation losing N222 billion in about six hours of trading.Activities opened on the Nigerian Stock Exchange (NSE) for the week on a bearish posture with the market capitalisation losing N222 billion in about six hours of trading.
Dangote Cement woos investors with N100 billion issue
Dangote Cement Plc, Africa’s leading cement manufacturer, is seeking to raise up to N100 billion in fresh funds from the bond market, under its NGN300 billion Debt Issuance Programme.
Nigerian equities market posts 0.10 per cent growth
The Nigerian equities market closed Thursday trading on upward trend, appreciating by 0.10 per cent, amid Dangote Cement gain.
NSE resumes April trading with 0.94 per cent loss
Activities opened for the month of April on Wednesday still on a bearish trend, with a loss of 0.94 per cent.
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