Category: Company News

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CCNN Reports 235.64% Net Profit Growth, EPS Down 67.8%

CCNN Reports 235.64% Net Profit Growth, EPS Down 67.8%

The board of Cement Company of Northern Nigeria Plc, on Thursday presented its first post-merger financials (first quarter ended March 31, 2019), show...
Strategic Investor Trades 218.04m Units Of Julius Berger Nigeria For N4.318bn

Strategic Investor Trades 218.04m Units Of Julius Berger Nigeria For N4.318bn

There was heavy movement in the shares of construction giant- Julius Berger Nigeria Plc, as investors crossed its 218,040,261 units worth N4.318bn at ...
Oando Nets N4.1bn Q1 Profit On Rising Costs, As Tax Expense Up 78.7%

Oando Nets N4.1bn Q1 Profit On Rising Costs, As Tax Expense Up 78.7%

Nigeria’s energy giant, Oando Plc, on Thursday presented its unaudited financials for the first quarter ended March 31, 2019, showing some promise for...
Zenith Bank Says Redeems $500m Eurobond

Zenith Bank Says Redeems $500m Eurobond

The board of Zenith Bank Plc, on Tuesday, announced successfully redemption of its five-year tenured $500m Eurobond which matured on April 22, 2019. ...
Singapore’s Olam Offers N12.99bn For Outstanding Shares of Dangote Flour Mills

Singapore’s Olam Offers N12.99bn For Outstanding Shares of Dangote Flour Mills

Barely seven years after it first divested its stake in Dangote Flour Mills Plc in 2012 to South Africa’s Tiger Brands Consumer Goods, Dangote Industr...
Shareholders Express Worry Over Regulator Induced Operating Costs Among Nigerian Banks

Shareholders Express Worry Over Regulator Induced Operating Costs Among Nigerian Banks

UBA Assures Shareholders Of Juicier Dividend Payout Nigerian shareholders, on Tuesday, lamented the rising operating costs among banks in the count...
United Capital 2019Q1 Profit Slips By 48.63%, As Revenue Underperforms

United Capital 2019Q1 Profit Slips By 48.63%, As Revenue Underperforms

Investment banking giant- United Capital, last week presented its score-card for the first quarter ended March 31, 2019, suggesting that the revenue w...
NAHCo Profit Slips 74.6% On Rising Costs, Tax, Offers N0.25 Dividend

NAHCo Profit Slips 74.6% On Rising Costs, Tax, Offers N0.25 Dividend

Directors of the Nigerian Aviation Handling Company (NAHCo), last week presented its delayed audited financials for the year ended December 31, 2018, ...
20 More Winners Emerge In UBA Wise Savers Promo

20 More Winners Emerge In UBA Wise Savers Promo

Another 20 winners went home with N30m, at N1.5m each in the second quarterly draw of the United Bank for Africa (UBA) Wise Savers Promo on Thursday, ...
Shareholders Approve N80.94bn GTBank Payout, Lament Unclaimed Dividend Size

Shareholders Approve N80.94bn GTBank Payout, Lament Unclaimed Dividend Size

By a unanimous vote, shareholders of Guaranty Trust Bank Plc, on Thursday in Lagos approved the directors’ recommendation N2.45 final dividend per sha...
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