State Politics (Lagos, Kano, Rivers, Oyo, etc.)
NASCON shareholders approve N1.06bn dividend for 2020
Lagos, May 28, 2021 (NAN) Shareholders of NASCON Allied Industries Plc have approved a total dividend of N1.06 billion declared by the company for the financial year ended Dec. 31, 2020. The shareholders unanimously gave...
Lafarge Africa posts 30.8% growth for 2020 Growth
By Itohan Abara-Laserian Lagos, May 28, 2021 Cement manufacturer Lafarge Africa Plc has posted 30.8 per cent growth in recurring earnings before interest and taxes (EBIT). Prince Adebode Adefioye, Chairman of the company’s board, said...
Three foreign oil firms, Plus NNPC in talks to buy stake in Dangote refinery
Four oil firms including Nigeria's state-oil company have approached Dangote Industries to acquire a stake in Africa's largest oil refinery, a senior executive told Reuters on Friday. Devakumar Edwin, group executive director, said the firms...
NNPC in-talks to acquire 20% Stake in Dangote Refinery
The Nigerian National Petroleum Corporation (NNPC) is in talks to acquire a 20% minority stake in Dangote Refinery, the state oil giant disclosed. The oil refinery, which still under construction, would be the biggest in...
Shareholders hail Dangote over Cement’s N272.6bn dividend
Shareholders of Dangote Cement Plc on Wednesday commended the Management of the company for an impressive performance despite the economic challenges in the year under review. Unanimously, the shareholders approved N272.6 billion as dividend, translating...
