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Thursday, May 13, 2021
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CATEGORY

Companies

Ellah Lakes Undertakes to Sell Down 25% of Shares, But Where’s the Value?

Following discussions with the Nigerian Stock Exchange (NSE), on the lack of liquidity in the shares of Ellah Lakes Plc, due to the Company’s free float of...

GTB HoldCo Status Delayed By Lack of Regulatory Approval

Guaranty Trust Bank (GTBank) plans to list a new non-operating holding company (HoldCo) named Guaranty Trust Holding Company Plc by January 5, 2021 on...

Dangote Sugar FY 2020 Profits Surge 33% to N29.77bn

Dangote Sugar Refineries Plc has surmounted the headwinds caused by the coronavirus pandemic and a difficult business environment as Lagos State makes up the...

Seplat Reports $31.7m Operating Loss for 2020, Sees Gas Opportunity in Agbara, Benin

Seplat Petroleum Development Company Plc, a Nigerian independent energy company has announced its audited results for the financial year ended 31 December 2020 showing...

MTN Nigeria Data Revenues Surge 51% in FY 2020, Declares N5.9/share Dividend

MTN Nigeria released its Full Year 2020 audited financial statements late last night showing an 8.5 percent increase in operating profits to N426.73 billion,...

Six Things we Learnt from Zenith Banks 2020 Financials

Zenith Bank Plc, reported full year 2020 earnings last week and there are a number of things that jump out at us here at...

Nestle Shareholders to Get N70 Dividends as Payout Ratio Tops 141%

Shareholders of Nestle Nigeria will smile to the bank this year as the food and beverage company has announced it will pay a total...

Nascon Profits up 46%, to Pay N0.40 Dividend

Nascon Allied Industries Limited, a firm engaged in the principal activities of processing of raw salt into refined, edible and grade salt, has released...

11 Plc to list on NASD OTC Following Exit from NSE

11 Plc, (formerly Mobil Oil Nigeria Plc) has said that the delisting of its shares from the Nigerian Stock Exchange (NSE), is not meant...

Wema Profit Drops Most in Four Years as Low Yields Squeezes Revenue

Wema Bank Nigeria Plc reported its worst profit in more than four years, buffeted by the sharp drop in net treasury yields that undermined...

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