Flour Mills Profit Rises to N41bn in 2021
Flour Mills of Nigeria Plc (FMN) says it recorded N41 billion profit in the 2021/2022 financial year before tax which is 11 per cent increase year-on-year growth from N37bn it recorded in 2020/2021.
According to the group, it...
Stock Market Extends Decline, Records N8bn Loss
Transactions on the floor of the Nigerian equity market extend losses on Monday as bears tightened their grip on the market.
The market breadth also closed on a negative note with five gainers against 46 losers.
The Nigerian Stock Exchange...
Equity Market Rebounds With N301bn Gain
The Nigerian equity market on Wednesday closed the market in the green as investors began to take a position on the undervalued stocks.
Key market indicators, the NSE ASI grew by 1.68 per cent as market breath closed positive with...
Stock Market Gains N239bn On Positive Sentiment
Nigerian stocks on Wednesday sustained its positive outlook as the overall performance measures, NSE ASI and market capitalisation, rose further by 1.58 per cent each following gradual return of economic activities after #ENDSARS protests.
The market breadth closed positive...