By InvestAdvocate Lagos (INVESTADVOCATE)-The MTN Group said it may list its Nigerian unit shares on the Nigerian Stock Exchange (NSE), according to a Reuters report on Thursday. The report said the listing maybe considered after the company has resolved the dispute surrounding the $3.9 billion fine with Nigerian authorities, quoting […]
Tag: Nigerian Bourse
Bulls Sustain Hold on NSE, ASI Rise 2.25% on Dangote Cement Rally
By InvestAdvocate Lagos (INVESTADVOCATE)-The bulls on Wednesday sustained its hold on the Nigerian equities market as the all-share index (ASI) climbed up by 2.25 percent to close at 25,396.83 basis points, while market capitalisation expanded by N191.53 billion to N8.74 trillion. Cordros daily market update reported that this is coming […]
Dangote Cement Says PAT up 13.7%, Offers Investors N8.00 per Share dividend in 2015 End
By InvestAdvocate Lagos (INVESTADVOCATE)-Most capitalised company on the Nigerian bourse and cement producer, Dangote Cement Plc said on Tuesday its profit after tax (PAT) for the period ended December 31, 2015 climbed up 13.7 percent to N181.3 billion from N159.5 billion recorded a year ago. Similarly, profit before tax (PBT) […]
