Profit-taking activities in the shares of Dangote Sugar, PZ Cussons, and Honeywell Flour mills pressured NGX CGI downward.
Dangote Sugar has come out to debunk claims made by one of its fierce competitors in the sugar market.
The NSE Consumer goods index shed a total of 20.91 index points in March.
Shares in Dangote Sugar held by Aliko Dangote has added N90 billion to his wealth in 365 days.
Significant growth in gross revenue was driven largely by sale to Nigerian Bottling Company Limited and Seven-Up Bottling Company Limited.
Dangote Sugar Refinery Plc. recently declared a 33.0% Year to year growth in earnings to N29.8 billion for the financial year of 2020
NSE Consumer goods Index closed the week at 588.40 index points, as shares of Dangote Sugar, Unilever, others dipped.
NSE Consumer goods Index closed the week at 593.91 index points, as shares of Nestle, NB, Dangote Sugar, Flour Mills decline.
The Market breadth closed negative as FTNCOCOA led 14 Gainers as against 17 Losers topped by FLOURMILL at the end of today's session.
FCMB (+5.17%) led the gainers today, while JBERGER (-2.57%) topped the laggards.