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Companies

Companies

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

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

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

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

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

Bala Augie -
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,...
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...
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