Shareholders of Dangote Cement Plc yesterday commended the Management of the company for an impressive performance despite the economic challenges in the year under review. Unanimously, the shareholders approved N20 per share for the year ended December 31, 2021 as against the N16 paid in the preceding year. This represents a 25 per cent increase…
Transcorp Hotels Plc paid a total dividend of N717 million to its shareholders at its 8th Annual General Meeting held at Transcorp Hilton Abuja on Monday. The Chairman of the Board of Directors, Mr. Emmanuel Nnorom stated that the Company closed the 2021 financial year strongly, with an impressive gross revenue of N22bn, surpassing its…
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced its audited results for the full year ended December 31, 2021, reporting impressive performance in key financial metrics. The 2021 financial result filed by the bank at the Nigerian Stock Exchange (NSE) on March 4, 2022, showed that gross earnings rose significantly to N660.2…
Dangote Cement’s commitment to environmental disclosures and sustainability is yielding the desired results with Carbon Disclosure Project (CDP) raising its rating from C to B- even as it proposes a dividend of N20 per share for the year ended December 31, 2021. The CDP is an international non-profit organization based in the United Kingdom which…
One of the leading logistics companies in Nigeria, Red Star Express Plc, has appointed its new directors and introduced them to stakeholders – Mr Peter Surulere Aletor and Chukwuemeka Emmanuel Ndu, both of who hold the title of the Non-Executive Director. The company stated that the duo was appointed after a rigorous exercise of electing…
Stanbic IBTC Holdings PLC, a member of Standard Bank Group, on Thursday, 27 May 2021 held its 9th Annual General Meeting (AGM) to adopt the company’s audited financial statements for the 2020 financial year amongst other resolutions. The AGM held by proxy in line with the NCDC COVID-19 guidelines. The highlight of the AGM was…
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 to N16 per share for the year ended December 31, 2020. The 16 per cent increase in the company’s revenue…
Union Bank has released its audited financial statements for the year ended 31st December 2020. The bank’s results for the period show sustained growth in key income lines and significantly improved fundamentals, notwithstanding a constrained operating environment largely due to the impact of the Covid-19 pandemic. Union Bank’s investments in technology and building a progressive…
Leading brewing company in Africa, the Nigerian Breweries Plc, has continued to put bold smiles on the faces of its shareholders and other stakeholders as the brewing giant breaks its 70-year old dividend payment record. The 2015 audited results showed that the Company’s shareholders would earn a total dividend of N4.80 (Four Naira Eighty Kobo)…