10 Top Manufacturers in Nigeria Face N666bn Cost Challenge
The cost of sales for 10 manufacturing and consumer goods companies in Nigeria surged to N665.95bn in 2024, reflecting a 72.47 per cent increase from N386.16bn recorded in 2023.
The company’s statement of profit or loss and other comprehensive...
Nigeria's Consumer Goods Market Hits New High of N11.1bn
The Nigerian Exchange (NGX) has witnessed a significant milestone, with the consumer goods sector reaching a record total market capitalization of N11.1 billion.
As of the latest trading data, the sector is experiencing increased performances across several of its...
Stock Market Reverses Gain With N63bn Loss
The Nigerian equity market ended the first trading day of the week on a downward note, reversing recent gains with an N63bn loss.
At the close of trading on Monday, the Nigerian Stock Exchange recorded a decline in its...
Stock Market Records N83bn Gain on Positive Trading
The Nigerian Exchange Limited (NGX) closed in the green zone on Monday, with N83bn added to the wealth of investors.
This marked the third consecutive positive trading session in a market that had been marked by sell-offs and...
Investors Suffer N1.2tn Loss in Stock Market
Sell-offs in the stock market in the past week led to five days of consecutive losses for investors. At the end of the week, investors saw about N1.22tn shaved off their wealth.
Analysts pinned the sell-offs in the market...
