PZ Cussons Nigeria reported higher sales revenue and earned a better gross margin in its latest quarter, yet reported profit fell by almost two-thirds. The apparent contradiction sits largely below…
Overview: Nigerian Stock Market Hits New High as ASI Continues Rally The Nigerian stock market continued its bullish run, with the NGX All Share Index (ASI) reaching a fresh all-time…
Overview of Market Activity The Nigerian Stock Exchange closed January 20, 2025, with notable performances across sectors. The NGX All-Share Index recorded a marginal gain, ending at 102,370.62, representing a…
Top Performers The Nigerian stock market witnessed significant activity on January 17, 2025, with notable gains in specific sectors. Here are the top 5 performers: Sectoral Analysis The gains in…
Nigeria’s Fast-Moving Consumer Goods (FMCG) sector, once a symbol of resilience and profitability, is now grappling with an alarming trend: negative earnings per share (EPS). As inflation, high operating costs,…
The Nigerian Exchange Group (NGX) All-Share Index (ASI) witnessed a downward turn today, closing at 103,398.8, a decline of 249 points (-0.24%). This marks a cautious start to the first…
Nigeria’s Fast-Moving Consumer Goods (FMCG) sector, a cornerstone of the economy, is increasingly struggling to keep pace with shifting consumer demands. While the sector has traditionally thrived on the strength…
Nigeria’s Fast-Moving Consumer Goods (FMCG) sector, a cornerstone of the nation’s economy, is facing an alarming crisis: a mounting debt burden that threatens the sustainability of even the largest players.…
Nigeria’s Fast-Moving Consumer Goods (FMCG) sector, long seen as a stable and profitable industry, is under increasing scrutiny as inflation, shrinking purchasing power, and heightened competition expose the vulnerabilities of…
Lagos, December 30, 2024 — The Nigerian Exchange (NGX) All-Share Index (ASI) closed the trading day with a spectacular gain of 1,016.1 points, a 0.99% increase that propelled the index…