Outlook for Nigeria’s consumers market
By mid-day Shares of Nestle Nigeria on the Nigerian Stock Exchange had fallen 24 naira as shares in the Consumer Goods index have continued to trend downwards this month.…
Impact of Nigeria’s naira devaluation on Q2 earnings
As the second quarter earnings season winds down, a big takeaway has been the impact of the devaluation of the naira on corporate Nigeria.…
Nigerian stocks rise on bargain hunting
The NSE All Share Index gained 0.2 per cent on the back of bargain hunting in some bellwether stocks. Appreciation from Nestle and Nigerian breweries saw the consumer goods index gain one…