Investors gained N36.7 billion at the close of trading on the domestic equities market in Monday’s trading session, with market capitalization rising to N12.4 trillion.
Years of declining revenues suggest there is a better way to value Guinness.
Guinness laid issues like port congestion, tax reforms and decline in alcohol pricing have eaten deep into the company's profit, affecting the operations of the company.
Nigerian Breweries released its audited results for the 2019 financial year. As expected, there was a slight dip in both topline and bottom line.
Investors in the Nigerian equities market lost N152.1 billion at the end of last week.
Access Bank, GT Bank and Zenith Bank were actively traded on the bourse today as they attracted a total of 877 deals.
The price appreciation of some banking stocks and some blue-chip stocks traded on the floor of NSE last week influenced the return of the bulls.
Guinness Nigeria Plc has announced its unaudited results for its first half year period ended 31st December 2018.
The first half of the year on the Nigerian Stock Exchange is usually dominated by the release of full-year results by companies.
Analysts at Rencap cut their projections for Guinness Nigeria share price to N103.3 indicating that they do not see any upside for the stock in the...