Author Archives: Ruth Omoteso

Nigerian Breweries on Friday declared a final dividend of N1.20 for the year ended 31 December 2021. The Group reported a turnover of N437.285 billion, up by 29.74% from N337.046 billion reported in 2020 financial year. Profit after tax grew year and year by 71.98% to N12.672 billion from N7.638 billion profit reported the previous year. Earnings […]

United Capital Plc in its published Audited Financial Statement for the year ended 31 December 2021 declared a final dividend of N1.50 to its shareholders. The reports shows year on year growth in the Company’s top line and bottom line figures for the period under review. A turnover of N18.065 billion was reported for the 12 months[…]

Dangote Sugar Refinery Plc has debunked the false allegation of Artificial Scarcity of Sugar being circulated on the media by BUA Foods alleging that Dangote Sugar has suspended the sale of Sugar in a bid to create artificial scarcity, force prices to artificially go up. There is also allegation that the company is blackmailing the government to[…]