26 C
Lagos, South Africa and New York
Sunday, July 5, 2020

Dangote Cement reports N891.7bn revenue

Despite a harsh operating environment, Dangote Cement Plc has leveraged on its size and strength to post an impressive performance in the year 2019, with the shareholders approving a dividend payout of N16 per ordinary 50k share. Excited representatives of shareholders at the virtual 11th...

BUA Cement Consolidates Profit Growth

The prospects are bright for shareholders of BUA Cement Plc as the company recorded a growth of 26 per cent in profit after tax for the first quarter ended March 31, 2020, writes Goddy Egene Shareholders of BUA Cement Plc are savouring their investment in...

E-learning: FirstBank donates 20,000 digital devices to boost Nigeria’s financial inclusion, digital learning in Lagos public schools

•Sanwo-Olu: ‘We’ve Found Real Partner In Actualising Our Education Vision’ Efforts by the administration of Babajide Sanwo-Olu to deliver quality learning to pupils across public schools in Lagos State got a boost on Thursday, as the State Government took delivery of 20,000 digital devices donated...

Seplat resilient amidst global headwinds, assures shareholders of sustainable growth

● Announces US$59m dividend payout to shareholders Seplat Petroleum Development Company Plc, a leading Nigerian independent oil and gas company listed on both the Nigerian Stock Exchange (NSE) and the London Stock Exchange (LSE), remains a resilient business that generates significant free cash flow from...

United Capital raises N10bn Series 1 bond

United Capital Plc has raised N10 billion in its Series 1 Bond issuance under a N50 billion Medium-Term Debt Programme registered with the Securities and Exchange Commission (SEC). The capital raise places the company as the first issuing house to issue a corporate bond...

Access Bank drives Nigeria’s financial inclusion with Accessmore App

Banking in confidence as well as in convenience is what every financial institution strives to give to its customers. They want their customers to know that the word ‘bank’ is beyond a physical structure, and with the right innovation, what they can do is...

LIRS extends deadline for filing of annual returns to June 30, 2020

Lagos State Government, in her continuous effort to provide the much needed relief to taxpayers and mitigate the economic impact of Covid-19 pandemic, has through the Lagos State Internal Revenue Service (LIRS) further extended the deadline for filing of Annual Tax Returns to June...

Dangote Reports Surge in Nigeria Cement Sales as Q1 Earnings Jump to 249.2 billion naira

Dangote Cement Plc, Africa’s biggest producer of the building material, said first quarter revenue was boosted by a surge in sales from Nigeria, its home market. Revenue for the first quarter through March increased 3.8% to 249.2 billion naira ($647 million) while net income was...

Bua Cement Plc Releases Audited Financial Results For 2019; Revenue Increases By 47.5% To N175.52 Billion

Lagos, Nigeria ~ BUA Cement, Nigeria’s second largest cement company, has recorded a 47.5% increase in revenues of N175.52billion in its just released Full year results for the 2019 Financial Year on the Nigerian Stock Exchange. The company’s Profits also increased by 69.1% from...

Airtel Africa Shares jump, Posts $3.4bn Revenue, $598m Profit Before Tax

Airtel Africa Plc has reported a revenue of $3.422 billion for the year ended March 31, 2020, showing an increase of 13 per cent from $3.077 billion recorded in 2019. Profit before tax rose 77 per cent from $348 million in 2019 to $598...
Open chat
Send us your story