The market breadth index was positive with 30 gainers against 17 losers. AIRTELAFRI gained 10.00% to led the gainer’s chart today.
A precursory analysis of the firm’s quarter results indicates that revenue went up 93.9% to N17.39 billion from N8.97 billion in the same period in 2019.
The results also provides another insight into the effects of Covid-19 on consumer goods companies.
From the impact of the oil market to the pressures of the Covid-19 pandemic, the market has been expectedly volatile.
Unilever Nigeria has released its audited financial statements for the year ended 31 December 2019, as it declared a turnover of N60.5 billion in the year...
Stocks of GTBank, MTN Nigeria, UBA, Zenith Bank and Unilever Nigeria were most actively traded on the floor of the stock market on Thursday.
With losses mounting, Unilever's aggressive revenue growth is coming home to roost.
The share value of Nigeria Breweries and others witnessed a boost on Friday as they made the top gainers list on the floor of the NSE.
The Nigerian Stock Exchange (NSE) has continued to perform negatively, as the market maintained its downward slope throughout the week.
@unilcareersnig had a 20.6% decline in revenue for the first quarter ended March 2019