Home Topics PZ Cussons Nigeria Plc
PZ Cussons Nigeria Plc
The equities market shed N463.7 billion last week as the bullish streak was halted by persistent profit taking. Following the unprecedented growth recorded in the month of November, many investors have been locking in profits. Despite the pockets of profit taking, the market had maintained a positive weekly performance.
Trading at stock market was bearish yesterday as losses by 20 equities dragged the Nigerian Stock Exchange (NSE) All-Share Index by 0.21 per cent to close lower at 30, 609.06. Similarly, market capitalisation shed N26.5 billion to be at N11.18 trillion.
Despite the release of corporate earnings by many companies, the Nigerian equities market closed last week downtick following profit taking in bellwether stocks.
The equities market remained bearish as the new week commenced yesterday with the Nigerian Stock Exchange (NSE) All-Share Index (ASI) declined 0.34 per cent to 37,266.86.
Having scaled up production and improved capacity utilisation for the manufacturing of soap and detergent, footwear, bags and suitcases, as well as used compressors, local manufacturers have kicked against assessed efforts by the Tariff Technical Committee (TTC) to remove the items from the prohibition list.
The Coalition of United Political Parties (CUPP) has insisted that the recent Supreme Court judgement affirming the de-registration of 74 political parties is only binding on the National Unity Party (NUP).
The Embassy of Israel in Nigeria on Monday donated some food items to support some Muslim families in the on-going Ramadan fasting in the country.
Lagos State Governor, Mr Babajide Sanwo-Olu, on Monday said that the government would continue to demolish shanties across the state.
The commissioner of police in the state, Amiengheme Andrew, disclosed this on Monday while briefing Governor Udom Emmanuel who visited the police headquarters in the state to condole with the families of the slain officers and the police over the loss.
Gov. Udom Emmanuel of Akwa Ibom has donated N60 million to families of slain policemen by unknown gunmen in the state.
Operatives of the Economic and Financial Crimes Commission, EFCC, Benin Zonal Office, has arrested 52 suspected internet fraudsters in the wee hours of Sunday, May 9, 2021.
Ismael Bennacer has picked AC Milan’s 3-0 thrashing of Juventus as his best performance since he joined the Serie A club in August 2019.
It remains to be seen where the 49-year-old will go next after his time with the Citizens comes to an end, but his father is hoping that he does not take charge of La Furia Roja at any point.
The Central Bank of Nigeria has extended the deadline for its Naira 4 Dollar Scheme indefinitely.
The Kano state government on Monday confirmed that six persons died of a strange disease in the Minjibir Local Government Area of the state.