Companies

Dangote Cement, Union Bank top losers’ chart as market sheds N550bn

The equities market resumed trading on Monday with a decline of 1.97 per cent as a result of losses in…

3 years ago

Dangote Sugar declares N34bn profit, pays N12.4bn dividend

Dangote Sugar Refinery Plc has declared a turnover of N276 billion for the financial year ended December 31, 2021, translating…

3 years ago

Selloffs: Stock market sheds N183bn

The stock market closed on Wednesday negative as the market capitalisation decreased by N183 billion to N28.451 trillion from N28.634…

3 years ago

Guinness opens new £6.2m headquarters in Lagos

Guinness Nigeria Plc, a member of the Diageo family, on Thursday opened its new £6.2 million ultra-modern headquarters located at Cocoa…

3 years ago

Guinness Nigeria rakes in N15.27bn profit in 3 months

Guiness Nigeria, a subsidiary of Diageo Plc., has posted a Profit After Tax of N15,278,335,000 for its third quarter ended…

3 years ago

MTN Nigeria issues N127bn Commercial Paper

Nigeria’s largest telecommunications firm, MTN Nigeria Communications Plc, has issued a N127 billion Series 1 & 2 Commercial Paper (CP)…

3 years ago

MTN probes top officials over sexual harassment, fraud claims

Nigeria’s telecommunications giant, MTN Nigeria is probing allegations of sexual harassment and fraudulent activities against some top officials of the…

3 years ago

Dangote Cement pays N173.93bn tax for 2021

Dangote Cement Plc has paid N173.93 billion as tax charge for the financial year ended 31st December 2021. According to…

3 years ago

Nestle Nigeria Plc posts N351.8bn revenue in 2021

Nestle Nigeria Plc has recorded revenue of N351.8 billion as at the year ended Dec. 31, 2021. The company said…

3 years ago

Nigerian singer, Buju, changes stage name to BNXN

Fast-rising Nigerian singer, Daniel Benson, well known as Buju, has officially changed his stage name to BNXN. The afro-fusion singer…

3 years ago

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