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PZ
In the latest episode of Drinks and Mics, our hosts returned with a round of hot takes, cold...
PZ Cussons announces Oludare Ebenezer Elusakin as new Chief Financial Officer as interim CFO retires
PZ Cussons has officially announced the appointment of Mr. Oludare Ebenezer Elusakin as its new Chief Financial Officer (CFO), following the retirement of the interim CFO.
In the face of economic challenges, the consumer goods sector experienced bleak financial outcomes for the 2023 fiscal year. Despite the challenging financial performance in 2023, investors have maintained confidence in the stocks, as indicated by their YtD gains in Q1 2024.
PZ Cussons Nigeria has reported a staggering N44.5 billion exchange rate loss for the first quarter of the new financial year ending August 2023.
Nigeria's stock exchange market made another bullish trend today, posting a profit to end the day's trading session.
The market closed in profit as UACN led 24 Gainers, and 12 Losers emerged, topped by WAPIC.
The NSE Consumer goods index shed a total of 20.91 index points in March.
FMCG Companies and consumer goods retailers benefitted from the changes in consumer behaviour.
NSE Consumer goods Index closed the week at 588.40 index points, as shares of Dangote Sugar, Unilever, others dipped.
The market breadth closed positive as UPDCREIT led 23 Gainers as against 16 Losers topped by CHAMPION.
DANGCEM (+9.98%) led the gainer’s chart for the day, while ETERNA (-9.89%) finished top loser.
GUARANTY, FBNH, and UBA were the most active to boost market turnover.