October 25, 2024/InvestmentOne Update ASI as at 12.00pm: +0.02% Top Gainers and Losers: CAP (+10.00%), LIVESTOCK (+10.00%), MCNICHOLS (-4.46%) and DEAPCAP (-3.17%). Sector Performances: Oil & Gas (+0.04%), Industrial (+0.03%), Banking (-0.22%) and Consumer Goods. Market activity: In today’s trade, total volume and value decreased by 19% and 50% respectively, when […]
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Guinness Nigeria Plc Q1-25: Escalating Cost Pressures and FX loss Impacts Earnings
October 25, 2024/Cordros Report Guinness Nigeria Plc (GUINNESS) published its unaudited Q1-25 (year-end is June) results yesterday (24 October) reporting a loss per share of NGN5.55, a stark contrast to the earnings per share of NGN1.19 recorded in Q1-24. The sharp decline in earnings was due to elevated cost pressures […]
NGX Suspends Oando Shares for Delay in Submission of 2023 Audited Accounts
October 24, 2024/NGX Trading License Holders and the investing public are hereby notified that pursuant to the provisions of Rule 3.1, Rules for Filing of Accounts and Treatment of Default Filing, (Default Filing Rules), which states that: “If an Issuer fails to file the relevant accounts by the expiration of […]
