Key members on the board of Dangote Flour Mills PLC have announced their resignation from their previous positions.
The Nigerian Stock Exchange (NSE) ended Thursday’s trading session in positive territory. The All-Share Index closed at 27,426.64 basis points, up 1.01%.
@NSEcontact All-Share Index declined by 1.17% to close at 27,306.81 basis points this week. Year to date, the index is down 13.12%.
Crown Flour Mills Limited has submitted a revised offer to acquire all of Dangote Flour Mill's 5 billion issued shares.
McNichols Plc was the worst performing stock on the @nsecontact declining by 18.18% to close at a year low of N0.45.
Japaul Oil and Maritime was the best performing stock on the @nsecontact this week appreciating by 39.29%
The Nigerian Stock Exchange ended Thursday's trading session, in positive territory. The All Share Index closed at 29.171.73 basis points, down 0.05%.
Dangote Flour Mills is number one on this week's stocks to watch, having gained 45.3% following news of a N130 billion buy offer from Olam International
FBN Holdings and Capital Hotels Plc will be holding their Annual General Meetings next week, among other corporate actions on the @nsecontact next week.
@guinnessngr was the worst performing stock this week on the Nigerian Stock Exchange, declining by 19% to close at N48.60.