Author: InvestAdvocate

Dangote Cement Plc: Earnings Expand as Price Hikes Cushion Volume Dip

April 29, 2025/InvestmentOne Report Dangote Cement Plc delivered an impressive performance in Q1:2025, with revenue rising by 21.69% YoY to NGN994.66bn, majorly driven by price increases as group sales volume declined by 6.72% YoY to 6.57 million metric tonnes. Production cost of sales edged up modestly by 2.29% YoY to […]

Dangote Sugar Grows Turnover by 51%, to Provide 75,000 Jobs

April 29, 2025/Dangote Group The chairman of Dangote Sugar Refinery Plc, Alikoa Dangote has revealed that the company’s turnover increased by 51 per cent to N665.6 billion for the year ended December 31, 2024, as against the corresponding figure of N441.5 billion recorded for the 2023 financial year. Speaking at […]

NGX-ASI Closed Bearish…Down by 17bps

April 29, 2025/United Capital Research Today, the Nigerian Exchange (NGX) closed on a negative note following share price depreciation in MTNN (-6.07%) and INTBREW (-3.19%). As a result, the benchmark All-Share Index (NGX-ASI) fell by 0.17% to close at 105,931.18 points. YTD returns settled at 2.92%, while market capitalization closed […]