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Investors lose N280bn as 23 firms' share prices fall


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Published 29 April 2021
Investors in the Nigerian stock market lost N274bn on Wednesday as 23 firms saw their share prices drop at the end of trading.
The Nigerian Stock Exchange All-Share Index fell by 1.33 per cent to 38,781.48 basis points from 39,305.48bps.
The market capitalisation of equities declined to N20.30tn on Wednesday from N20.58tn on Tuesday.
A total of 259.51 million shares valued at N1.91bn were traded by investors in 3,547 deals at the end of trading on the floor of Nigerian Exchange Limited.
FTN Cocoa a Plc led the losers as its share price dropped by 10 per cent to close at N0.36. ....

Nigerian Stock Exchange , Pz Cussons Nigeria Plc , Analysts At Cordros Capital , Hallmark Insurance Plc , Ventures Plc , Seplat Petroleum Development Company , Nigerian Breweries Plc , Royal Exchange Plc , International Breweries Plc , Cornerstone Insurance Plc , Cocoaa Plc , Neimeth International Pharmaceuticals Plc , Nigerian Exchange , Portland Paints Products Nigeria Plc , Dangote Cement Plc , Nigerian Stock Exchange All Share Index , Breweries Plc , Nigeria Plc , Consolidated Hallmark Insurance Plc , Products Nigeria Plc , Japaul Gold , Cordros Capital Limited , நைஜீரியன் ஸ்டாக் பரிமாற்றம் , ப்ஜு கஸந்ஸ் நைஜீரியா ப்ல் , தனிச்சிறப்பு காப்பீடு ப்ல் , முயற்சிகள் ப்ல் ,

Trading Value Soars 292%, Investors Stake N42bn on Shares


The stock market attracted N42.142 billion invested in 1.602 billion shares in 19,507 deals last week.
This was an increase of 292 per cent compared with the N10.759 billion staked on 1.263 billion shares in 19,975 deals the previous week. Equally, the NGX All-Share Index rose 1.27 per cent to close higher at 39,301.82.
The rebound in the market could be linked to investors’ renewed appetite for shares boosted by the release of companies’ first quarter (Q1) results.
According to analysts, the floor of the NGX would be flooded with more results this week.
“We expect NGX’s floor to be flooded with results as the Q1-2021 earnings season commences in full swing. We believe investors will be looking for clues on how corporate earnings will evolve in 2021, given the expected improvement in macroeconomic conditions. ....

Goddy Egene , Products Nigeria Plc , Pz Cussons Nigeria Plc , Conoil Plc , Union Dicon Salt Plc , Honeywell Flour Mills Plc , Financial Services Industry , Northern Nigerian Flour Mills Plc , University Press Plc , Ekocorps Plc , Cocoa Processors Plc , Mutual Benefits Assurance Plc , Share Index , Cordros Securities , Investdata Consulting , Conglomerates Industry , Nigeria Plc , Flour Mills Plc , Nigerian Flour Mills Plc , Processors Plc , Portland Paints , Dicon Salt Plc , ப்ராடக்ட்ஸ் நைஜீரியா ப்ல் , ப்ஜு கஸந்ஸ் நைஜீரியா ப்ல் , ஹனிவெல் மாவு ஆலைகள் ப்ல் , நிதி சேவைகள் தொழில் ,

PZ Foundation builds shea butter processing centre to empower women in Niger


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As part of its corporate social investment programme, PZ Cussons Foundation, a non-profit organisation, has built a shea butter processing centre for Alubarika Women Cooperative in Fazhi community in Edati Local Government Area of Niger State.
The Executive Secretary of the Board of Trustees of PZ Cussons Foundation, Mrs Jacqueline Ezeokwelume, said at the commissioning and handing over, that the project was to support women and make them economically productive.
PZ Cussons Nigeria Plc is a commercial enterprise in Nigeria, Ghana and Kenya.
Ezeokwelume represented by Mr Peter Ozondu said the project would empower and address some of the economic challenges faced by women in the area, state and the country at large. ....

Mohammed Ahmed Kontagora , Abraham Yisa , Peter Ozondu , Jacqueline Ezeokwelume , Alhaji Zubairu Mamangi , Board Of Trustees , Pz Cussons Nigeria Plc , Pz Cussons Foundation , Alubarika Women Cooperative In Fazhi , National Shea Product Association Of Nigeria , Alubarika Women Cooperative , Edati Local Government Area , Executive Secretary , Mrs Jacqueline Ezeokwelume , Nigeria Plc , National Shea Product Association , Ahmed Kontagora , Edati Local Government , பலகை ஆஃப் அறங்காவலர்கள் , ப்ஜு கஸந்ஸ் நைஜீரியா ப்ல் , ப்ஜு கஸந்ஸ் அடித்தளம் , தேசிய ஷியா ப்ராடக்ட் சங்கம் ஆஃப் நைஜீரியா , நிர்வாகி செயலாளர் , நைஜீரியா ப்ல் , தேசிய ஷியா ப்ராடக்ட் சங்கம் ,