Tag: NASCON


  • NASCON Allied Industries (Dangote Salt as it was prior known) had strong topline growth in the financial year 2024. Profit grew at a much slower pace due to higher costs. Shareholders have reason to cheer as the company hiked its dividend payout by 100%.  About the firm  The Company was incorporated on April 30, 1973…

  • Watchlist is a weekly piece i do on stocks (and occasionally other assets) i will be keeping an eye on in the upcoming trading week. It is not a Buy/Sell/Hold recommendation.  Transcorp Power  Transcorp Power takes the first spot as it will hold a board meeting on  Tuesday, January 21, 2025, to consider the company’s…

  • Good morning and welcome to the very first Bulls and Bears thread for the year. I have gotten a couple of new followers on twitter the last few days, so a brief explainer on what Bulls and Bears is. Every Monday morning i have a thread summarizing key happenings on the NGX (Nigerian stock market)…

  • Higher raw materials cost led to a drop in profit in Q3 2024 for NASCON (Dangote Salt) About the firm Nascon Allied Industries Plc (Formerly known as National Salt Company of Nigeria) was incorporated in Nigeria as a limited liability Company on 30 April 1973. It was fully privatised in April, 1992 and became listed…