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Dangote Group Joins PMI’s Global Executive Council. The Dangote Group, a pan-African conglomerate, has been inducted into the influential Global Executive Council (GEC) of the Project Management Institute (PMI), making it the very first African business organisation to become a member in history.
Stock market bearish amid sell-off on bellwether stocks. The Nigerian equity market sustained the losing streak last week, as bearish sentiment prevailed in three of the five trading sessions, following persistence sell-off in bellwether stocks.
Law firm tasks CBN on CIFI, seeks funding for Photographers, Dancers other artists. Banwo & Ighodalo , a leading law firm, has asked the Central Bank of Nigeria’s (CBN) to
AXA mansard to divest pension, real estate businesses. Amid recapitalisation effort of the insurance sector, AXA Mansard Plc has taken move to divest its pension and real estate business lines.
Guinness: Poor demand, cost pressure douse positive vibes as investors dump stock . Guinness Nigeria Plc is growth starved but there are positive vibes in its first half of financial year 2020 result
EFG Hermes bearish on Guinness NG, bullish on GTB, says Nestle best non-bank name. Apparently unimpressed by its performance, EFG Hermes revealed it has added Guinness Nigeria into sell lists for 2020.
Unease as external reserves fall to $37.66bn, edge toward resistance level. The latest figure on the Central Bank of Nigeria website
Cadbury delivers solid performance after restructuring as EPS hits 5-Year high. Cadbury Nigeria Plc delivered strong performance after the company’s restructuring exercise, though earnings remain behind pre-2014 average performance.
Pension Assets jumps 16.86% to N10.218 trillion in 2019. Pension assets pitched at N10.218 trillion, representing about 17% increase against N8.744 trillion at the beginning of the year, Pension Commission report shows.
Naira stands as robust liquidity keeps money market rates single. Despite the sloppy external reserve movement, Naira remains stable at the foreign exchange market in the past week.