Nestlé S.A acquires shares in its Nigerian subsidiary worth N104 million
The Swiss multinational has increased its stake in Nestlé Nigeria with the acquisition of additional shares worth N104 million.
The Swiss multinational has increased its stake in Nestlé Nigeria with the acquisition of additional shares worth N104 million.
Nestle Nigeria must bear in mind that the year to beat is its 2019 performance, and not the forgettable 2020.
The Swiss multinational has acquired about 2.17 million additional shares in its Nigerian subsidiary worth N2.92 billion.
The Nigerian stock market breadth closed negative as 26 stocks posted 28 declines while 17 stocks appreciated.
FMCG Companies and consumer goods retailers benefitted from the changes in consumer behaviour.
NSE Consumer goods Index closed the week at 593.91 index points, as shares of Nestle, NB, Dangote Sugar, Flour Mills ...
The All-share index dropped d by 0.13% to close at 42,357.90 index points as against the 0.58% gain recorded last ...
Nigerian Stocks witness another positive at the mid-week trading session. Nigerian Stock Exchange capitalization value appreciated by N140.04 billion. The ...
A total volume of 568million units of shares, valued at N7.32billion exchanged hands in 8,928 deals.
The market breadth index was negative with 30 losers against 17 gainers.
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