PZ Cussons takes action as Nigerian troubles expected to persist

PZ Cussons takes action as Nigerian troubles expected to persist    Proactive Investors UK We cannot rely upon short term economic conditions improving markedly in our key markets and are therefore taking action to reposition the group to return to ... read more

Stock market reverts to losing trend, sheds N27.9bn

Stock market reverts to losing trend, sheds N27.9bn    The Punch Feyisayo Popoola The Nigerian stock market reverted to its bearish trend on Tuesday as it lost N27.9bn following sell-off... read more

PZ Cussons Nigeria Plc Q3 2019 - Lower Sales, Sticky Cost, Poor Earnings

PZ Cussons Nigeria Plc Q3 2019 - Lower Sales, Sticky Cost, Poor Earnings    Proshare Nigeria Limited The intense cross product competition in the home and personal care (HPC) segment further exerted pressure on PZ Cussons' operation over its FQ3 191 ... read more

PZ Cussons Take Proactive Action As Nigerian OpCo Troubles Expected To Persist

PZ Cussons Take Proactive Action As Nigerian OpCo Troubles Expected To Persist    Proshare Nigeria Limited PZ Cussons Plc (LON:PZC) will sell off non-core brands and simplify its Nigerian business as part of a new a new strategy launched after annual profits fell ... read more

PZ Cussons promises shareholders better returns

PZ Cussons promises shareholders better returns    The Punch 'Femi Asu PZ Cussons Nigeria Plc has said its shareholders and other stakeholders should expect better value in coming years, even as it restated ... read more

Nigeria: PZ Cusson Debunks Nigeria Exit Rumour

Nigeria: PZ Cusson Debunks Nigeria Exit Rumour    AllAfrica.com PZ Cussons, a major British manufacturer of healthcare products and consumer goods, has debunked a rumour that surfaced on social media that it has exited ... read more

Nigeria: Stock Prices' Free Fall Widens Investment Opportunities

Nigeria: Stock Prices' Free Fall Widens Investment Opportunities    AllAfrica.com The Nigerian equity market is offering long-term investors opportunities to invest as most of the stock prices have declined significantly below their opening ... read more

We’re not pulling out of Nigeria —PZ

We’re not pulling out of Nigeria —PZ    The Punch Anna Okon Leading homecare product maker, PZ Cussons Nigeria Plc, has denied reports that it is pulling out of Nigeria. A report had emerged on a... read more

Soap maker PZ Cussons slides as Nigerian troubles set to wipe £10mln from full-year profits

Soap maker PZ Cussons slides as Nigerian troubles set to wipe £10mln from full-year profits    Proactive Investors UK Disappointingly, the macroeconomic conditions in Nigeria remain extremely challenging and continue to have a significant negative impact on overall group ... read more

PZ Cussons Nigeria Q2 2019 Results Review: Earnings Driven By Muted FX Impact

PZ Cussons Nigeria Q2 2019 Results Review: Earnings Driven By Muted FX Impact    Proshare Nigeria Limited PZ Cussons Nigeria (PZ) posted a PBT growth of 55% to N1.4bn in H1 2019 (end-Nov). The result was supported by a lessened fx impact; fx losses of –N525m ... read more

GTB, UBA, others near one-year low on NSE

GTB, UBA, others near one-year low on NSE    The Punch Feyisayo Popoola The persistent bearish performance of stocks at the Nigerian Stock Exchange in recent times has seen prices of large cap stocks d... read more

PZ Cussons feels the heat in Africa

PZ Cussons feels the heat in Africa    Investors Chronicle The consumer goods company has been hurt by the economic downturn in Nigeria. read more

PZ Cussons grows revenue to N80.6bn

PZ Cussons grows revenue to N80.6bn    The Punch Okechukwu Nnodim, Abuja PZ Cussons Nigeria Plc has announced that its consolidated revenue grew by three per cent to N80.6bn in the year ended Ma... read more

PZ Cussons Nigeria Plc Q1''19 - New Quarter, Same Story for HPC Player

PZ Cussons Nigeria Plc Q1''19 - New Quarter, Same Story for HPC Player    Proshare Nigeria Limited PZ Cussons released its Q1'18/19 financial statements showing a 14% y/y moderation in revenue to ₦15.9 billion (Vetiva estimate: ₦17.5 billion) and beginning ... read more

Between Unilever And PZ Cussons: More Positive on Unilever - ARM

Between Unilever And PZ Cussons: More Positive on Unilever - ARM    Proshare Nigeria Limited In this report, we update our views on PZ and Unilever, making adjustment to our cost of sales to reflect expectation of lower petrochemical prices over 2019. read more

Strong trading in the UK and Europe offsets weak Nigeria performance for PZ Cussons

Strong trading in the UK and Europe offsets weak Nigeria performance for PZ Cussons    Proactive Investors UK PZ Cussons (LON:PZC) - The cosmetics maker said that improvement in its African business would be dependent on the macro environment in Nigeria during ... read more

PZ Cussons Has Strong Trading In Europe And Asia But Nigeria Weighs

PZ Cussons Has Strong Trading In Europe And Asia But Nigeria Weighs    Morningstar LONDON (Alliance News) - Consumer good firm PZ Cussons PLC said Thursday it has seen a good performance in Asia and Europe in the first half of its ... read more

Share prices hit 10-year low amid uncertainties, weak economy, others

Share prices hit 10-year low amid uncertainties, weak economy, others    Guardian Nigeria Prevailing economic downturn has continued to trigger persistent fall in share prices of listed firms, as share prices of most bluechip companies quoted on the ... read more

PZ Cussons Plc Full year profit expectations remain in line

PZ Cussons Plc Full year profit expectations remain in line    DirectorsTalk Interviews PZ Cussons Plc (LON: PZC), a leading international consumer products group, today issued the following trading update in respect of the year ended 31 May. read more

PZ Cussons advocates gender equality

PZ Cussons advocates gender equality    The Punch PZ Cussons Nigeria Plc, in celebration of the International Women's Day, advocated the need for gender equality in the world. The Chief Executive ... read more

PZ Cussons sees challenging year as profit drops on weak Nigeria sales

PZ Cussons sees challenging year as profit drops on weak Nigeria sales    Reuters UK Soaps and cosmetics maker PZ Cussons Plc posted on Tuesday a double-digit drop in annual pretax profit and expects another challenging year ahead, hit by ... read more

PZ Cussons Nigeria Plc Appoints Mr Georgios Sotiropoulos as Executive Director

PZ Cussons Nigeria Plc Appoints Mr Georgios Sotiropoulos as Executive Director    Proshare Nigeria Limited Mr Georgios Sotiropoulos has been appointed to the Board as Executive Director, Supply Chain effective 22nd March 2018. read more

Is PZ Cussons A Buy After The Recent Drop?

Is PZ Cussons A Buy After The Recent Drop?    Seeking Alpha At least 29 years of yearly dividend increases. Low growth. A bet on emerging markets. read more

PZ Declares N807.14 mln PAT in Q3 2019 Result,(SP:N10.00k)

PZ Declares N807.14 mln PAT in Q3 2019 Result,(SP:N10.00k)    Proshare Nigeria Limited PZ Cussons Nigeria Plc, Personal/Household Products company in Consumer Goods sector announced 12.95% Revenue decline in Q3 '19 Result. read more

Where next for PZ Cussons plc after it sinks 9% on profit warning?

Where next for PZ Cussons plc after it sinks 9% on profit warning?    Investomania The PZ Cussons plc (LON:PZC) (PZC.L) share price has sunk by 9% today after the company released a profit warning. It has experienced continued ... read more

Will bearish capital market rebound in September?

Will bearish capital market rebound in September?    The Nation Newspaper Nigerian investors continue to wriggle in losses as the bears hold tight to the equities market. For the third consecutive month, the market closed negative in ... read more

PZ Cussons puts Nutricima milk business under review amid Nigeria constraints - just

PZ Cussons puts Nutricima milk business under review amid Nigeria constraints    just-food.com PZ Cussons is reviewing its Nutricima milk business in Nigeria amid ''intense competition''. related to Dairy, Emerging markets, Financials, PZ Cussons, read more

PZ Cussons And The Nigerian Opportunity (Part 1): Why Nigeria Is Important In Understanding This Small Consumer Goods Play

PZ Cussons And The Nigerian Opportunity (Part 1): Why Nigeria Is Important In Understanding This Small Consumer Goods Play    Seeking Alpha PZCUY is a small consumer goods company compared to many of its more familiar peers. Recently commodity-linked headwinds in some of its core ... read more

PZ Cussons shares fall as it says full-year profit will be at the lower end of expectations

PZ Cussons shares fall as it says full-year profit will be at the lower end of expectations    Proactive Investors UK In a trading update for the year ended 31 May 2018, the FTSE 250-listed soap and personal care products giant said it expects profit before tax for the full year to ... read more

PZ Cussons And The Nigerian Opportunity, Part 2: A Highly Attractive Long-Term Asset

PZ Cussons And The Nigerian Opportunity, Part 2: A Highly Attractive Long-Term Asset    Seeking Alpha Nigeria is PZ Cussons' largest single market, and therefore important in understanding the business. Despite short-term woes, Nigeria remains a highly attractiv. read more

PZ Cussons' rebound fails to materialise

PZ Cussons' rebound fails to materialise    Investors Chronicle PZ Cussons' (PZC) latest profit warning seems to suggest Brexit-related economic uncertainty has put Brit's off washing. According to management at the ... read more

Persistent bulls run pushes market index further by N408b

Persistent bulls run pushes market index further by N408b    Guardian Nigeria Sustained bargain-hunting extended the bullish run into the fifth consecutive trading day, causing market capitalisation to rise significantly by N408 billion. read more

PZ Cussons assures of continuous investment in Chemistry Challenge

PZ Cussons assures of continuous investment in Chemistry Challenge    Guardian Nigeria After successfully hosting the 2016/2017 edition of Nigeria's leading pure science competition known as PZ Cussons Chemistry Challenge (PZCCC), the ... read more

PZ Cussons woos global suppliers to Nigeria

PZ Cussons woos global suppliers to Nigeria    The Nation Newspaper •Assures shareholders of sustained returns. As part of its commitment to local *content* development and reduction of import-dependent components of its ... read more

Markets Live: Tuesday, 23rd July 2019

Markets Live: Tuesday, 23rd July 2019    FT Alphaville Blank canvas Good morning everyone. 3:06 am. BE11:07am. Morning. Soundbuy Morning. marktime Scorchio. Excel Developer Good morning, automobile ... read more

Manchester City FC taps PZ Cussons as Official Club Partner in 3 year deal

Manchester City FC taps PZ Cussons as Official Club Partner in 3 year deal    The Drum Manchester City FC have announced a three-year partnership with PZ Cussons to embed the club in the Nigeria market. read more

PZ Cussons' recovery far from assured

PZ Cussons' recovery far from assured    Investors Chronicle Back in December, a warning from PZ Cussons (PZC) on a 10 per cent fall in first half operating profits sent its shares tumbling. The share price fared little better ... read more

Stock market rebounds on N16.5bn gain

Stock market rebounds on N16.5bn gain    The Punch Feyisayo Popoola The Nigerian stock market witnessed a rebound on Wednesday as 24 stocks led by Livestock Feeds Plc recorded price appreciation. ... read more

PZ Cussons: A Reliable Dividend Payer

PZ Cussons: A Reliable Dividend Payer    Seeking Alpha PZ Cussons is a British soap maker that is little known in the U.S. It is a Dividend Aristocrat which has paid increasing consecutive dividends for 27 years. It. read more

GREIF Nigeria PLC Suspends Operations Temporarily in Nigeria

GREIF Nigeria PLC Suspends Operations Temporarily in Nigeria    Proshare Nigeria Limited Greif Nigeria PLC a manufacturing company formerly known as Van Leer Containers (Nigeria) Plc has taken a decision to suspend its operations for now in the ... read more

PZ Cussons: Hard To Argue With 42 Years Of Dividend Increases

PZ Cussons: Hard To Argue With 42 Years Of Dividend Increases    Seeking Alpha A small, focused personal healthcare and consumer goods company. Interesting mix of emerging market exposure with very strong focus on Nigeria. 42 years of ... read more

Foundation honours Edozien for estimable service

Foundation honours Edozien for estimable service    Guardian Nigeria PZ Cussons Nigeria Foundation has honoured its immediate past Chairperson, Prof. Emmanuel Edozien, who recently retired from the organization after a ... read more

Nigeria: Analysts Optimistic Market Will Recover On Low Valuation

Nigeria: Analysts Optimistic Market Will Recover On Low Valuation    AllAfrica.com Having declined for five straight weeks, the low valuation of stock prices on the Nigerian Stock Exchange (NSE) will drive recovery going forward, analysts have ... read more

Stock market opens month bearish as insurance stocks slump

Stock market opens month bearish as insurance stocks slump    The Punch Feyisayo Popoola The nation's stock market started the month of December on a bearish note as the market capitalisation of equities listed on the... read more

Aspiring entrepreneur should carry out research and start small –Blessing Bassey

Aspiring entrepreneur should carry out research and start small –Blessing Bassey    The Punch Blessing Bassey, 29, is the Chief Executive Officer of Honeybee Cakes and Bites. She speaks to JOY MARCUS about the gains of entrepreneurship As ... read more

Flour Mills of Nigeria Plc Notifies on the Transfer of its Assets in Golden Fertilizer Division

Flour Mills of Nigeria Plc Notifies on the Transfer of its Assets in Golden Fertilizer Division    Proshare Nigeria Limited Flour Mills of Nigeria Plc (“FMN” or “FMN Group”), the market leader in food and agro allied products in Nigeria, today announced that it has filed a Scheme of ... read more

Stock market rises further, investors gain N71bn

Stock market rises further, investors gain N71bn    The Punch Feyisayo Popoola. Investors gained N71bn in two consecutive days following the sustained positive performance of equities listed on the Nigerian Stock ... read more

PZ storekeeper arraigned for alleged N8.5 million fraud

PZ storekeeper arraigned for alleged N8.5 million fraud    Premium Times Man duped his employers. A storekeeper with PZ Cussons Nigeria Plc, Yola depot, Madu Garba, was on Monday arraigned before a Federal High Court, Yola, ... read more

Stock market extends decline, investors lose N708bn

Stock market extends decline, investors lose N708bn    The Punch Feyisayo Popoola The stock market extended its losing streak on Thursday as it shed N87bn, bringing the total losses to N708bn in seven days. The... read more

Investments in banks decline as stocks tumble

Investments in banks decline as stocks tumble    The Punch Feyisayo Popoola Investment in the banks listed on the Nigerian Stock Exchange declined on Monday as the shares tumbled by 0.9 per cent due to... read more

Imperial Leather soap firm PZ Cussons sees shares slide as first-half profits drop

Imperial Leather soap firm PZ Cussons sees shares slide as first-half profits drop    Proactive Investors UK The personal care products firm said its pretax profits dropped over 37% to £24.9mln for the six months to November 30, down from £40.0mln a year earlier. read more

Bank stocks rise as market gains N112.9bn

Bank stocks rise as market gains N112.9bn    The Punch Feyisayo Popoola Bank stocks on the Nigerian Stock Exchange rallied on Monday, reversing some of the losses recorded in the last trading day in Fe... read more

FCMB Launches Easy Account - Your Phone Number as Your Account Number

FCMB Launches Easy Account - Your Phone Number as Your Account Number    Proshare Nigeria Limited Leading Lender, First City Monument Bank (FCMB) has taken another major leap in the retail and mobile banking segments of the Nigerian financial services ... read more

Banking, industrial goods stocks lead market gains

Banking, industrial goods stocks lead market gains    The Punch Feyisayo Popoola The nation's stock market gained N156bn in four straight days as banking and industrial goods equities listed on the Nigerian St... read more

CORPORATE GOVERNANCE FAILURE: More firms attract NSE sanctions for flouting post listing rules

CORPORATE GOVERNANCE FAILURE: More firms attract NSE sanctions for flouting post listing rules    Vanguard THE number of quoted firms sanctioned by the Nigerian Stock Exchange, NSE, for flouting its post listing rules rose by 28 percent in 2018 reflecting decline in ... read more

BudgIT, 96 Nigerian companies make LSE ‘Companies to Inspire Africa’ list

BudgIT, 96 Nigerian companies make LSE ‘Companies to Inspire Africa’ list    TheCable BudgIT, a civil society organisation, was among the Companies to Inspire Africa list announced by the London Stock Exchange on Wednesday. The report ... read more

Recruiters set sights on continent's scarce executives

Recruiters set sights on continent's scarce executives    African Business Magazine With the best executives creamed off by international firms, finding the right candidates remains a challenge for companies across the continent. read more

Poll results: Stock market investors lose N170bn in two days

Poll results: Stock market investors lose N170bn in two days    The Punch Feyisayo Popoola The nation's stock market recorded sustained losses totalling N170bn in two days, following the announcement of the results of th... read more

Shareholders approve merger of PZ Cussons, Tower and Power

Shareholders approve merger of PZ Cussons, Tower and Power    The Nation Newspaper The shareholders of PZ Cussons, PZ Tower and PZ Power, on Monday approved merger of the firms in line with the Investment and Securities Act 2007 ... read more

The Nigerian Stock Exchange Launches Mutual Funds Trading Platform - african

The Nigerian Stock Exchange Launches Mutual Funds Trading Platform    african-markets.com The Nigerian Stock Exchange in conjunction with Fund Managers Association of Nigeria (FMAN); Association of Stockbroking Houses of Nigeria (ASHON) and ... read more

Again, public school pupils shine in Chemistry competition

Again, public school pupils shine in Chemistry competition    The Punch Folashade Adebayo Though he did not emerge with a gold medal at the recently concluded PZ Cussons Chemistry Challenge, Samuel Oyelami, a Senior Se... read more

Unilever plc vs PZ Cussons plc: Which Is The Better Emerging Markets Play?

Unilever plc vs PZ Cussons plc: Which Is The Better Emerging Markets Play?    The Motley Fool UK Unilever (LSE: ULVR) (NYSE: UL.US) and PZ Cussons (LSE: PZC) are two great emerging market picks. On one hand, Unilever, the larger of the two companies ... read more

Nigeria: Market Analysts Identify Stocks With Strong Fundamentals

Nigeria: Market Analysts Identify Stocks With Strong Fundamentals    AllAfrica.com Amidst the ravaging bears that has pushed the equities market to a 15-month low on Monday, analysts at Afrinvest West Africa have unveiled some stocks that ... read more

Nigeria: Edible Oil Producers Compete With Endorsement, Product Fortification

Nigeria: Edible Oil Producers Compete With Endorsement, Product Fortification    AllAfrica.com Producers of edible oil (Vegetable oil) have embarked on promotional drive based on the endorsements of Nigerian Heart Foundation, NHF and the Nutritional ... read more

UAC appoints new group finance director

UAC appoints new group finance director    The Punch Feyisayo Popoola UAC of Nigeria Plc has appointed Mr Ibikunle Oriola as its group finance director. The firm described Oriola as a seasoned profe... read more

Imperial Leather soap firm PZ Cussons says full-year outlook remains in line with expectations

Imperial Leather soap firm PZ Cussons says full-year outlook remains in line with expectations    Proactive Investors UK In a trading update for the period from 25 January to 12 April, the FTSE 250-listed firm said its overall performance has been in line with expectations. read more

Nigeria in 1min: Economic, Business and Financial Headlines – 290319

Nigeria in 1min: Economic, Business and Financial Headlines – 290319    Proshare Nigeria Limited The World's Largest Oil Company And Petrochemical Company Merge - With a statement to the press, Aramco CEO Amin Nasser reported that Aramco has ... read more

Stanbic IBTC, others shine at NSE Corporate Challenge

Stanbic IBTC, others shine at NSE Corporate Challenge    Punchng Stanbic IBTC Capital, Vetiva Capital Management Limited and PZ Cussons Plc emerged winners at the Nigerian Stock Exchange Corporate Challenge. The... read more

May & Baker to raise N3.2bn in rights issue

May & Baker to raise N3.2bn in rights issue    The Punch May & Baker Nigeria Plc has said it plans to raise additional N3.2bn capital through a rights issue. The Managing Director/Chief Executive Off... read more

Stock market sheds N190bn as 26 firms lose

Stock market sheds N190bn as 26 firms lose    Punchng Feyisayo Popoola The nation's equities market depreciated by N190bn at the close of trading on Wednesday after 26 stocks recorded price declines. ... read more

Unilever Nigeria Q1 2019 Results Review: Q1 Performance Held Back By Competition

Unilever Nigeria Q1 2019 Results Review: Q1 Performance Held Back By Competition    Proshare Nigeria Limited Unilever Nigeria's (Unilever) Q1 2019 results were disappointing. PBT was down -45% y/y and missed our forecast by -51%. As such, we have made marked ... read more

Nigeria: Access Bank to acquire Diamond Bank to create Africa's largest retail bank - african

Nigeria: Access Bank to acquire Diamond Bank to create Africa's largest retail bank    african-markets.com The Board of Access Bank Plc (NGSE:ACCESS, GSE:ABG) announces it has signed a Memorandum of Agreement (MoA) with Diamond Bank Plc ... read more

Cussons Baby Moments crowns 2018 winners

Cussons Baby Moments crowns 2018 winners    Vanguard By Gabriel Olawale LAGOS—PZ Cussons, an international brand with a range of premium baby products has crowned Zoe Ekwegh as Cussons Baby for the ... read more

Company's Registered Office and Registers - Legal Alert

Company's Registered Office and Registers - Legal Alert    Proshare Nigeria Limited An important requirement for every Incorporated or Registered Company is the mandatory disclosure of the Company's Registered Office Address. read more

Morning Fresh Rebrands With New Bottle

Morning Fresh Rebrands With New Bottle    Leadership Newspaper Morning *Fresh* Rebrands With New Bottle Premium dishwashing liquid, Morning *Fresh*, has announced the relaunch of its brand. The dishwashing liquid ... read more

Baby products: Consumers’ apathy leads to reformulation

Baby products: Consumers’ apathy leads to reformulation    Vanguard Unilever, PZ, Milton battle for supremacy. By Princewill Ekwujuru. Quest to satisfy consumers' demand for more value in baby bath products, such as soaps, ... read more

UPDATE 1-PZ Cussons sees minimal impact from north Nigeria unrest

UPDATE 1-PZ Cussons sees minimal impact from north Nigeria unrest    Reuters Adds CFO, analyst comments; updates share movement) read more

New Zenith Bank GMD, Onyeagwu Visits NSE; Pledges Transparency In Disclosure

New Zenith Bank GMD, Onyeagwu Visits NSE; Pledges Transparency In Disclosure    Proshare Nigeria Limited The New Group Managing Director/ Chief Executive Officer of Zenith Bank Plc, Mr Ebenezer Onyeagwu, has assured the Nigerian capital market, that the bank ... read more

Glanbia blames trade tensions for cut to earnings guidance

Glanbia blames trade tensions for cut to earnings guidance    Financial Times Glanbia has been caught in the crossfire of global trade tensions, with shares in the Irish food-supplement maker falling by the most in two decades after saying ... read more

In-house interview: Sam Plant, PZ Cussons – | Legal insight, benchmarking data and jobs - The Lawye

In-house interview: Sam Plant, PZ Cussons – The Lawyer | Legal insight, benchmarking data and jobs    The Lawyer Consumer product group PZ Cussons is the company behind many household names brands such as Carex, Imperial Leather and Morning *Fresh*. The FTSE ... read more

Who’s after Paul Usoro?

Who’s after Paul Usoro?    TheCable TheCable | Nigeria's independent online newspaper. read more

Environmental Climate outlook for Nigeria 2019

Environmental Climate outlook for Nigeria 2019    Proshare Nigeria Limited At the recent Uk-Nigeria Climate Finance Accelerator workshop in Lagos, Proshare WebTV engaged the Minister of Environment Alhaji Suleiman Hassan on the ... read more

NAHCO’s annual profit drops by N210m

NAHCO’s annual profit drops by N210m    The Punch Feyisayo Popoola. The Nigerian Aviation Handling Company Plc has recorded a 41.1 per cent decline in its annual profit as its profit before tax dropped by ... read more

Toyin Sanni Launches Her Book 'Riding The Eagle', An Investment Guide on Nigeria

Toyin Sanni Launches Her Book 'Riding The Eagle', An Investment Guide on Nigeria    Proshare Nigeria Limited Seasoned Nigerian Investment Banker Mrs Toyin Sanni today at the Nigeria Stock Exchange (NSE) launched her book “Riding the Eagle: A Guide to Investing in ... read more

Unilever Holds 94th AGM, Declares N8.62 billion Dividend

Unilever Holds 94th AGM, Declares N8.62 billion Dividend    Proshare Nigeria Limited Shareholders at the 94th Annual General Meeting (AGM) of Unilever Nigeria Plc have commended the company's management for their commitment to growth ... read more

Olam International submits binding offer to acquire Dangote Flour Mills Plc in Nigeria - african

Olam International submits binding offer to acquire Dangote Flour Mills Plc in Nigeria    african-markets.com Global food and agri-business Olam International (Olam or the Company) has submitted a binding offer to acquire 100% equity ownership of Dangote Flour Mills ... read more

Ahead Of FY2018 Results: Unity Bank Likely To Turn A Corner?

Ahead Of FY2018 Results: Unity Bank Likely To Turn A Corner?    Proshare Nigeria Limited Market analysts are keeping vigil over the FYE 2018 results of Unity Bank Plc with a slight sense of unease. Running off the back of a dismal 2017 performance ... read more

Nigerian Breweries' profit declines by 22% as the hike in beer price affects sales

Nigerian Breweries' profit declines by 22% as the hike in beer price affects sales    Pulse Nigeria The company's revenue also dipped by 5% to N173 billion from N181 billion recorded in the first half of 2017. read more

Access Bank to sell N150bn green bonds by 2021

Access Bank to sell N150bn green bonds by 2021    The Punch Feyisayo Popoola with agency report Access Bank Plc has revealed plans to sell green bonds totalling N150bn by 2021. The lender said it was looki... read more

Mid-Cap Stocks UK Fund Managers Are Buying

Mid-Cap Stocks UK Fund Managers Are Buying    Morningstar Retail investors are beginning to re-enter the UK stock market at the mid-cap level and fund managers are equally positive on FTSE 250 stocks. Here are a... read more

FMCG Sector Update -Weaker Volumes, Slower Investments, Elevated Vulnerabilities

FMCG Sector Update -Weaker Volumes, Slower Investments, Elevated Vulnerabilities    Proshare Nigeria Limited Nigeria's FMCG industry remains fundamentally attractive to investors across borders. Our coverage universe has counters that are favoured by local and foreign ... read more

Government increasing local content through technology transfer

Government increasing local content through technology transfer    Punchng The government, institutions and other stakehoolders have come together to encourage the use to indigenous technology to develop the economy. IFE O... read more

MTN Nigeria converts to public company before NGSE listing - african

MTN Nigeria converts to public company before NGSE listing    african-markets.com MTN Nigeria Telecommunications PLC (MTN) has announced that it has completed its conversion from a private company to a public company (PLC). read more

14-year-old wins PZ chemistry challenge 2015

14-year-old wins PZ chemistry challenge 2015    TheCable Anthony Ekene Ike-Okoro has emerged the youngest winner of the chemistry competition organised by PZ Cussons Nigeria. The 14-year-old SS3 student of Top ... read more

Assessing Efficiency in the Pharmaceutical Sector of Nigeria

Assessing Efficiency in the Pharmaceutical Sector of Nigeria    Proshare Nigeria Limited The pharmaceutical sector in any economy plays a prominent role in the general health of citizens residing in the country. read more

Access Bank rallies on merger completion

Access Bank rallies on merger completion    The Nation Newspaper Access Bank Plc was the most active stock and the third highest gainer yesterday at the Nigerian equities market as investors sought to lock in. read more

Nigeria: Buhari's Administration Not Business or Job Friendly

Nigeria: Buhari's Administration Not Business or Job Friendly    AllAfrica.com An estimated 11 million jobs have been lost in Nigeria under President Muhammadu Buhari's leadership, leading to the World Poverty Clock, a website that ... read more

Nigeria: PZ Nutricima Boosts Milks Market, Introduces Nunu Brand

Nigeria: PZ Nutricima Boosts Milks Market, Introduces Nunu Brand    AllAfrica.com Nigeria's dairy products market recorded yet an additional boost with the final arrival to the market of Nunu evaporated and powdered milk brand, *fresh* products ... read more

2018 Pearl Awards To Hold On 25th November, 2018

2018 Pearl Awards To Hold On 25th November, 2018    Proshare Nigeria Limited Nigeria's leading capital market awards ceremony “The Pearl Awards” will hold its 2018 edition on Sunday November 25th at Eko Hotel " Suites in Lagos. read more

Nigeria accounts for 52% of WAICA Re premium — Chairman

Nigeria accounts for 52% of WAICA Re premium — Chairman    Vanguard WAICA Reinsurance Corporation has said that Nigeria is one of its strongest contributors as the country accounted for 52 percent of its gross premium... read more