Author Archives: Ruth Omoteso

May & Baker Nigeria Plc on Wednesday published its Audited Financial Statements for the year ended 31 December 2021. The Company reported a turnover of N11.901 billion, up by 26.74% from N9.39 billion reported the previous year. May & Baker grew its profit after tax by 8.82% to N1.05 billion from N964.56 reported in FY 2020. Earnings […]

The Nigerian stock market on Wednesday closed on a positive note, occasioned by 1.45% growth in MTN Nigeria. The All Share Index appreciated by 0.13% to close at 46,904.48 points from the previous close of 46,843.09 points. Investors gained N33 billion as the Market Capitalisation grew by 0.13% to close at N25.279 trillion from the previous close[…]

BUA Cement Plc has declared a final dividend of N2.60 for the year ended 31 December 2021. The Cement manufacturer achieved significant growth in its topline and bottom line figures for the year under review.  The company reported a turnover of N257.33 billion, up by 22.86% from N209.443 billion reported the previous year. Profit after tax grew[…]