In a recent announcement, Nigerian Breweries Plc declared it would use a rights issue to raise up to N600 billion.The decision to raise capital was made at Tuesday's Board of Directors meeting, accord...
Notore Chemical Industries Plc, one of Africa's biggest and leading fertiliser and agro-allied companies, recently announced that its total revenue was N21.55 billion for the fiscal year ending Decemb...
It was reported that after the Central Bank of Nigeria unified the foreign exchange market, International Breweries Plc reported a loss of N70.03 billion for fiscal year 2023, up from N21.63 billion t...
Cadbury Nigeria Plc, a consumer goods company, has announced that it will not pay dividends to its shareholders for the 2023 fiscal year because it suffered a huge loss of N19.09 billion after taxes.A...
Transcorp Hotels Plc recently released a positive result for the 2023 audited financial year and an increase in dividend payout to shareholders despite various macroeconomic challenges encountered dur...
On Monday, the Federal Government reported that the price of natural gas for power-generating firms has increased to $2.42 per metric million British thermal units (mmbtu), a significant shift from th...
Last month, the Organisation of Petroleum Exporting Countries (OPEC) witnessed a significant decline in oil production due to Nigeria's and Iraq's decreased crude oil exports in March.However, this in...
Zenith Bank Plc has been ranked Nigeria's best bank in the recent Global Finance Best Banks Awards 2024. The bank has emerged four times since 2019, including the most recent ranking.Zenith Bank Plc w...
Yesterday, at its 11th Annual General Meeting (AGM), the shareholders of Africa Prudential Plc approved the board of directors' payout of N0.45 per ordinary share of 50 kobo each for the 2023 fiscal y...
It has been recently announced that shareholders have approved Geregu Power Plc's board of directors' proposed N20 billion dividend.The approval was given on Thursday at Geregu Power Plc's recent annu...