Q3: Nestle Nigeria Attains N33.58b Profit, To Pay 25k Interim Dividend

Q3: Nestle Nigeria Attains N33.58b Profit, To Pay 25k Interim Dividend

By ebosele@hotmail.com — For the third quarter ended September 30, 2021, Nestlé Nigeria Plc attained profit after tax (PAT) of N33.58 billion from N31.93 billion in the same period of 2020, representing a five percent increase.  The company’s revenue also increased...
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Unclaimed Dividends Hit N170b

Unclaimed Dividends Hit N170b

The Securities and Exchange Commission (SEC) on Friday said the total unclaimed dividends in the Nigerian capital market stood at N170 billion as of December 2020.  The Director-General, SEC, Mr Lamido Yuguda, said this at the second post-Capital Market C...
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Half-Year: Seplat Posts $308.8 m Revenue, Declares 2.5 Cents Per Share Interim Dividend

Half-Year: Seplat Posts $308.8 m Revenue, Declares 2.5 Cents Per Share Interim Dividend

Seplat Energy Plc recorded an impressive half year (H1) 2021 scorecard with profit before deferred tax (PBT) of $62.1million, representing an increase of 142.7percent as against H1’20. Highlights of the company’s financial further show that revenu...
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Shareholders Okay N2b For Presco’s 2020 Dividend

Shareholders Okay N2b For Presco’s 2020 Dividend

By Moses Ebosele, ebosele@hotmail.com —  Shareholders of Presco Plc, on Wednesday, approved request by the Board of the company to pay 200 kobo per share dividend for the financial year ended December 31, 2020, amounting to N2billion...
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NETCO Declares N18.02b Revenue, Shareholders Get N400m Dividend

NETCO Declares N18.02b Revenue, Shareholders Get N400m Dividend

For the year ended December 31, 2020, the National Engineering and Technical Company (NETCO), a subsidiary of the Nigerian National Petroleum Corporation (NNPC) has reported N18.02 billion revenue and profit before tax of N3.37 billion.   Also, withi...
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SAHCO Shareholders Okay N223.34m For 2020 Dividend

SAHCO Shareholders Okay N223.34m For 2020 Dividend

For the 2020 financial year, shareholders of Skyway Aviation Handling Company (SAHCO) Plc, on Tuesday in Lagos unanimously approved N223.34 million dividend,  amounting to 16.5 kobo per share.  Chairman of the company, Dr Taiwo Afolabi...
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27 Years After, Okitipupa Oil Palm Shareholders Get 25kobo Dividend

27 Years After, Okitipupa Oil Palm Shareholders Get 25kobo Dividend

The Okitipupa Oil Palm Plc has resolved to pay its shareholders 25k dividends for the year ended December 31, 2020,  27 years after it last paid.  Chairman of the Board of Directors, Chief Mobolaji Osomo,  made the disclosure at the 31st...
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June 12: Lagos Tasks Public Officers On Dividends Of Democracy

June 12: Lagos Tasks Public Officers On Dividends Of Democracy

Governor  Babajide Sanwo-Olu of Lagos State on Friday urged public office holders to deliver dividends of democracy to the citizens, as Nigerians celebrate June 12 Democracy Day.  Sanwo-Olu gave the advice on Friday during his Democracy Day mess...
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NASCON Shareholders Approve N1.06b Dividend For 2020

NASCON Shareholders Approve N1.06b Dividend For 2020

Shareholders of NASCON Allied Industries Plc have approved a total dividend of N1.06 billion declared by the Board of the  company for the financial year ended December 31, 2020, amounting to 40kobo per share.  Speaking at the meeting, the Natio...
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Dangote Cement Shareholders Okay N272.6b For 2020 Dividend

Dangote Cement Shareholders Okay N272.6b For 2020 Dividend

For the year ended December 31, 2020, shareholders of Dangote Cement Plc on Wednesday approved total dividend of N272.6 billion, amounting to N16 per share.  Speaking at the 12th Annual General Meeting (AGM) held virtually in Lagos State, the founder,...
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Seplat’s Shareholders Get $344m Dividend In Eight Years

Seplat’s Shareholders Get $344m Dividend In Eight Years

By citybusinessnews@yahoo.com — Seplat Petroleum Development Company Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange (NGX) and the London Stock Exchange (LSE), on Thursday held its 8th Annual General Meeting (AGM)...
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Fidelity Bank Lists Growth Agenda As Shareholders Okay N6.4b For 2020 Dividend

Fidelity Bank Lists Growth Agenda As Shareholders Okay N6.4b For 2020 Dividend

The Managing Director, Fidelity Bank Plc, Mrs Nneka Onyeali-Ikpe, on Friday  said the bank’s emergence as a Tier 1 financial institution by 2025 is her top priority.   Onyeali-Ikpe who disclosed this on the sidelines of the bank’s 33rd ...
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FBN Holdings Shareholders Okay N16.15b For 2020 Dividend

FBN Holdings Shareholders Okay N16.15b For 2020 Dividend

Shareholders of FBN Holdings Plc, on Tuesday, endorsed a total dividend of N16.15 billion declared for the financial year ended December 31, 2020.  The shareholders approved the dividend at the company’s ninth Annual General Mee...
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CSCS Declares N6.93b Profit, N5.85b Dividend For 2020

CSCS Declares N6.93b Profit, N5.85b Dividend For 2020

The Central Securities Clearing System Plc (CSCS) has announced a profit after tax of N6.93 billion for the financial year ended Dec. 31, 2020.  The company in a statement explained that profit after tax was 41.43 per cent higher when...
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