February 28, 2024/InvestmentOne Report The NGXASI declined by 1.27% today to close at 99,302.57pts, as selloffs in FBNH (-9.97%), DANGSUGAR (-9.67%) and GTCO (-8.75%) drove the market into the red zone. In the Fixed income space, the Treasury Bills secondary market closed down, driven by bearish sentiments across all tenor, consequently Average T-Bills […]
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Nestle Says Profit after Tax Negatively Impacted by Naira Devaluation
• Revenue increases by over N100 billion, reaching N547 billion versus 2022; • Operating profit jumps by 41.2%, reaching 122.7 billion; February 28, 2024/Nestle Nigeria Plc Nestlé Nigeria PLC’s sales increased by 22.4% over the previous year, with earnings of N547.1 billion, an increase of N100.2 billion over 2022. Gross […]
Dangote Cement Wins Environmental Sustainability Award
February 28, 2024/Dangote Group The Dangote Cement Plc has emerged winner of the 2023 NatureNews Environmental Sustainability Award. The award was conferred on the company Tuesday at the 3rd Anniversary Lecture of NatureNews and Presentation of the Hero of Environmental Actions for Development (HEAD) at the Shehu Musa Yar’Adua Centre, […]
