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CATEGORY

Companies

Transcorp Power Target Price Put at N323 as Shares Surge 10%

Transcorp Power shares which were listed by introduction at N240 per share on the NGX Monday has attracted a target price of N323 per...

Consumer Goods Companies’ Earnings Vanish in a Puff of Smoke

Consumer goods companies in Africa’s most populous nation who have been carrying out price adjustment to fend off rising inflation have seen their earnings...

Nestle Nigeria Posts Negative Equity on N195.07bn FX Loss

Nestle Nigeria Plc is not going to pay dividend as the consumer goods giant recorded a negative retained earnings due to a huge foreign...

Dangote Refinery’s Second Crude Oil Shipment Leaves US For Nigeria

Dangote Refinery has ramped up its stock of imported crude oil from the United States as a second cargo as a second shipment of...

MTN Nigeria Completes 17% of Enugu-Onitsha Expressway Reconstruction

MTN Nigeria has achieved a significant milestone in the rehabilitation of the 110- kilometre Enugu-Onitsha Expressway under the Road Infrastructure Tax Credit (RITC) scheme,...

Dangote Cement Paid N166bn in Income Tax in 2023

Dangote Cement Plc, the largest producer of the building material in Africa’s most populous nation, has paid N166.1 billion in income tax as of...

Airtel Africa Begins $100m Buyback on London Stock Exchange

Airtel Africa, has announced the commencement of its share buy-back programme on the London Stock Exchange, following the publication of its nine-month results ended...

Dangote Cement Woos Investors With N502bn Dividend as Profit Surges

Dangote Cement Plc, the largest producer of the building material in Africa’s most populous nation, has wooed investors with a dividend of N502.5 billion...

MTN Nigeria 2023 Revenue Surges to N2.46 Trillion Despite Headwinds

MTN Nigeria (MTNN) Plc has reported higher revenue for full year 2023 largely driven by improvement in voice and data sales, despite a challenging...

BUA Cement Records Solid Revenue Growth Amid Challenging Environment

BUA Cement Nigeria Plc has enjoyed solid revenue growth as sales spiked by 27.42 percent to N460 billion in December 2023, from N360.98 billion...

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