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CATEGORY

Companies

Companies

Six Things we Learnt from Zenith Banks 2020 Financials

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

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

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

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

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

11 Plc to list on NASD OTC Following Exit from NSE

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

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

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

ePoultry.NG Founder Selected for Westerwelle Young Founders Programme in Germany

Bala Augie -
Founder of ePoultry.NG, Nigeria’s first digital poultry investment platform, Anthony Owei has been selected as one of 11 young founders from Africa for the...
Companies

United Capital Group Executive Director Purchases 2m New Shares

Bala Augie -
The Group Executive Director of United Capital Plc, Sunny Anene has just purchased 2 million new shares of United Capital, at an average price...
Companies

Unilever Nigeria Tea Business Separation to Lead to Revenue Loss

Bala Augie -
Following the announcement by its parent company to separate its global tea business, as part of a strategic review, the Management of Unilever Nigeria Plc. (UNILEVER)...
Companies

Nigerian Hotel Companies are Running Out of Cash

Bala Augie -
Nigeria’s largest hotel companies are struggling to make ends meet as they are not converting enough sales into cash. The average cash margin for the...
Companies

Dividend Cover Flashes Warning for Nigerian Breweries’ Investors

Bala Augie -
Nigerian Breweries saw dividend cover fall to the lowest in five years as sluggish profit and high payout could leave the company with a weakened balance sheet...
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