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NASCON
Q1 2025 may go down as a comeback quarter for Nigeria's major consumer goods players. After a stormy...
Nascon Allied Industries Plc (NASCON) has delivered strong earnings growth in 2024, with revenue up 49% to N120.4 billion and profit after tax rising 14% to N15.6 billion.
Despite the generally bullish market in 2024, several stocks on the Nigerian Exchange (NGX) experienced sharp declines. While...
The finance costs of major FMCG companies in Nigeria surged by 133.3% year-on-year, reaching N1.074 trillion in the first nine months of 2024 compared to N460.22 billion in 2023.
Nigerian stocks ended the month of May with a surprise gain after the NGX All-Share Index (ASI) staged consecutive gains this week, closing at 99,300.38 points.
The Chairman of Dangote Sugar Plc, Alhaji Aliko Dangote, says the company plans to end the importation of sugar in the next four years going by efforts in its backward integration policy.
For the 2022 fiscal year, over 71 publicly traded companies spanning various sectors, including banking, telecommunications, and consumer goods, collectively disbursed over N1.5 trillion in dividends.
Making the most profits doesn’t necessarily equate to being the most profitable because profitability is beyond how much financial gains a company records, it is essentially a measure of how efficiently a company is run.
The NGX closed in +ve territory at the end of Wednesday’s trading session as equities snapped a 2-day bearish trend to rise by N339 billion.
Nigerian equities maintain their bullish trend as the local bourse rallies amid Investors’ confidence following merger talks between Dangote Sugar Refinery Plc and NASCON Plc.
Nigerian Exchange Limited (NGX) experienced a positive trading month in July 2023, as the NGX All-Share Index gained 5.5% to reach 64,337.52 index points while market capitalization closed at N35.011 trillion.
NASCON Allied Industries Plc's Board of Directors, on Thursday, July 28, 2023, approved a plan to merge with Dangote Sugar Refinery Plc. and Dangote Rice Limited, subject to regulatory and shareholder approvals.