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BT Group To Sack Over 40% Workforce By 2030

BT Group, Britain's biggest broadband and mobile provider, will cut up to 55,000 jobs including contractors by 2030 - potentially over 40% of its...

Amazon Plans To Invest $13bn in India

Amazon Web Services, the cloud computing division of Amazon Inc, said on Thursday it plans to invest $13 billion in India by 2030, doubling...

Deutsche Bank Rocked By $75m Lawsuit

Deutsche Bank has agreed to pay $75 million to settle a lawsuit by women who say they were abused by the late financier Jeffrey...

Caverton’s Balance Sheet Squeezed by High Debt Costs

The balance sheet of Caverton Offshore Support Group Plc is not looking good as the leading provider of marine and aviation logistics services to...

GTCO Outperforms Peers With Highest Return on Equity

Guaranty Trust Holding Company (GTCO) Plc regained the top spot in the banking industry as the lender has the highest return on equity, turning...

Corporate Debt Pile of N4.91trn Now 2.4 percent of GDP

While the Nigerian economy is growing slowly, corporate Nigeria is carrying trillions of Naira in debt in its book as interest expenses are spiking...

Nestle, BUA Foods, Cadbury, Generates Highest Returns Among Consumer Goods Firms  

Nestle Nigeria Plc, BUA Foods Plc, and Cadbury Nigeria Plc, are able to compound machines and continually reinvest their earnings back into the business...

Airtel Africa Profit Rises as Customer Base Hits 140 million

Airtel Africa Plc has maintained a strong profit margin which reflects the resilience of its operating model despite inflationary cost pressures as the telecommunication...

GTCO Shareholders Endorse N91.24bn Total Dividend Payout for 2022

Shareholders of Guaranty Trust Holding Company (GTCO) Plc, have endorsed the payment of a total dividend of N91.236 billion, representing N3.10 per share for...

TotalEnergies’ Attractive Shareholder Returns Validates Improved Cash Flow Generation

Total Energies Plc has consistently paid dividend since 2006, with a payout of 79 percent in the past seventeen years validating improved earnings and...

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