August 3, 2023/NGX Dangote Sugar Refinery Plc has announced that the Board of Directors of the Company at its meeting held on July 28, 2023 resolved to recommend the proposed merger between the Company, NASCON Allied Industries Plc and Dangote Rice Limited to the Shareholders of the Company for consideration […]
Investors Bite
GlaxoSmithKline Consumer Nigeria to Cease Operations
August 3, 2023/NGX In our published Q2 results, we disclosed that the GSK UK Group has informed GlaxoSmithKline Consumer Nigeria PLC of its strategic intent to cease commercialization of its prescription medicines and vaccines in Nigeria through the GSK local operating companies and transition to a third-party direct distribution model […]
Bulls Sustain Hold as MTNN Drive NGXASI Up +1.6%
August 3, 2023/Cordros Report EQUITIES Bullish sentiments persisted in the local bourse as investors’ interest in MTNN (+6.5%) triggered a 1.6% increase in the benchmark index. Eventually, the NGX ASI closed at 65,263.06 points, while the Year-to-Date return increased to +27.3%. The total volume traded advanced by 34.6% […]
