Category: Company News

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Sterling Bank Signs $65m Facilities To Finance Private Sector Projects, Exports

Sterling Bank Signs $65m Facilities To Finance Private Sector Projects, Exports

The board of Sterling Bank Plc, on Tuesday hinted shareholders and other stakeholders through the Nigerian Stock Exchange (NSE) of two loan agreements...
Winner To Get $25, 000 Grant, As Heritage Bank Debuts ‘HB LAB’ Tech Start-ups

Winner To Get $25, 000 Grant, As Heritage Bank Debuts ‘HB LAB’ Tech Start-ups

Heritage Bank Plc, Nigeria’s most innovative banking service provider, has adopted a focused approach to removing barriers to galvanize critical secto...
Zenith Bank 2018 Profit Hits N232bn, N2.80 Dividend Excites Investors

Zenith Bank 2018 Profit Hits N232bn, N2.80 Dividend Excites Investors

The share price of Zenith Bank Plc, on Tuesday, gained N1.35 each or 5.83% to close at N25.35 each, in apparent investor approval of the 2018 audited ...
NGSE Receives Application For Voluntary Delisting Of Newrest ASL

NGSE Receives Application For Voluntary Delisting Of Newrest ASL

The Nigerian Stock Exchange (NSE), on Tuesday said it received an application for voluntary delisting of the entire 634,000,000 ordinary shares of New...
2018 Full-Year Dividend Payout: Transcorp Share Price Down 9.94%

2018 Full-Year Dividend Payout: Transcorp Share Price Down 9.94%

As anticipated by Investdata News at the weekend, investors, on Monday reacted to full-year audited financials of the Transnational Corporation of Nig...
NBPlc Slips On NGSE, After 2018 Profit Drops By 41% On Heightened Competition, Weak Consumer Spending

NBPlc Slips On NGSE, After 2018 Profit Drops By 41% On Heightened Competition, Weak Consumer Spending

The share price of Nigerian Breweries Plc suffered N8.00 or 9.64%, closing at N75 each on Monday, after the directors presented its audited financials...
Transcorp Revenue, Profit, To Soar Even Higher In Coming Months, GMD Assures

Transcorp Revenue, Profit, To Soar Even Higher In Coming Months, GMD Assures

In a "you ain’t seen nothing yet" mood, new Group Chief Executive of the Transnational Corporation of Nigeria Plc (Transcorp), Valentine Ozigbo, at th...
Transcorp Plc 2018 Profit Up 94.5%, Offers N0.03 Dividend

Transcorp Plc 2018 Profit Up 94.5%, Offers N0.03 Dividend

The board of Transnational Corporation of Nigeria Plc, on Friday presented its audited financials for the year ended December 31, 2018, showing that p...
Transcorp Hotels Offers N1.14bn Dividend, As 2018 Profit Jump 38.5% To N3.7bn

Transcorp Hotels Offers N1.14bn Dividend, As 2018 Profit Jump 38.5% To N3.7bn

When shareholders of Transcorp Hotels Plc gather for their annual general meeting on March 15 in Abuja one of the proposals the directors will put bef...
Newrest ASL 2018 Full Year Profit By 285%, Offers N0.20 Dividend

Newrest ASL 2018 Full Year Profit By 285%, Offers N0.20 Dividend

Newrest ASL Nigeria, a leading airline catering company, on Thursday became the first to file its audited account for the full year ended December 31,...
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