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Tuesday, April 30, 2024
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CATEGORY

Companies

Airtel Nigeria $7.11bn Enterprise Value More Valuable Than Africa Peers

Airtel Nigeria’s enterprise value, which is seen by investors as a more accurate gauge of a company’s worth than the more commonly cited market...

Raysun Nigeria Loses N14 billion as Champion Breweries Market Cap Halves

Champion Breweries has seen its stock price more than half over the past month after a fantastic run at the start of the year....

Transcorp Hotels Launches ‘Aura’, Online Marketplace for Accommodation

Nigeria’s largest hospitality brand launches a new platform for booking vacation homes, holiday lets, and experiences. Aura is a new platform that connects people to...

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...

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