Aradel Holdings Plc declares N8 interim dividend to shareholders
Aradel Holdings Plc has declared an interim dividend of N8 to its shareholders for the period ended 30 September 2024. The qualification date for the proposed dividend is 20 November 2024. To facilitate the payment of the dividend, Aradel’s Registrars, Coronation Registrars Limited, will close the Register of Shareholders on […]
Zenith Bank Plc reports N2.9trn revenue in 9 months, grows profit by 90.54%
Zenith Bank Plc has reported a significant revenue growth of 118.17%, with gross earnings reaching N2.9 trillion in Q3 2024, up from N1.33 trillion in Q3 2023. The financial institution also achieved a profit after tax of N827.3 billion for the nine-month period, marking a 90.54% increase from the N434.17[…]
Market extends losses, sheds N21bn
The Nigerian Stock Market on Wednesday declined further as the All Share Index dropped by 0.04% to close at 98,023.23 points from the previous close of 98.058.07 points on Tuesday. Market Capitalisation was down by 0.04% to close at N59.397 trillion against Monday’s close of N59.418 trillion, shedding N21billion. The[…]
Transcorp Plc Completes Share Reconstruction
Transcorp Plc has successfully completed a share reconstruction aimed at optimizing shareholder value. The process involved a 1-to-4 share consolidation, reducing the total number of issued shares from 40.6 billion to 10.2 billion. While the number of shares decreased, the total value of shareholders’ investments remains unchanged. Owen D. Omogiafo[…]