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Page 19 - நைஜீரியா ப்ல் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

GlaxoSmithKline declares N623 02m Profit After Tax, to pay N657 7m dividend

GlaxoSmithKline declares N623 02m Profit After Tax, to pay N657 7m dividend
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Bears dominance stretches as GTBank, BUA Cement drive losses -

Breaking News | Bears Dominance Stretches As GTBank, BUA Cement Drive Losses

Views: Visits 5 By Nkiruka Nnorom Investment analysts have said that the bears dominance in the domestic equities market will continue this week even as Flour Mills of Nigeria Plc, Guaranty Trust Bank and BUA Cement Plc drove the 0.18 percent loss recorded last week. They posited that the market lacks a positive development at the moment to pull it out of the red zone  after the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) retained interest rate at 11.5 percent. According to analysts at Cordros Capital, “We still expect a choppy theme in the week with the bears dominating proceedings in the absence of positive triggers to spur a bullish performance.”

Nasarawa, Flour Mills sign $300m MoU for sugar production

The Nasarawa State Government and Flour Mills of Nigeria have signed a Memorandum of Understanding (MoU) for a $300million investment in sugar production. Under the MoU, the state leased 20,450 hectares of land to Flour Mills of Nigeria for 50 years, during which the company is expected to ramp up the Backward Integration Plan (BIP) […]

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