Oando Plc reports N132bn loss after tax in 2020 year end
Oando Plc on Wednesday published its long overdue financial reports for 2019 and 2020. The reports includes also included all the outstanding quarterly reports. In 2020 financial year, Oando reported a turnover of N489.986 billion, down by 15.02% from N576.572 billion reported in 2019 financial year. A loss after tax […]
Smart Product Nigeria Plc proposes 10 kobo dividend to shareholders
Smart Product Nigeria Plc has announced a dividend of 10 kobo per 50k ordinary share to shareholders for the year end 31 December 2021. This is subject to appropriate withholding tax and approval will be paid to shareholders whose names appear in the Register of Members as at the close[…]
Airtel Africa Plc announces redemption of outstanding senior notes
Airtel Africa Plc has announced that its subsidiary, Bharti Airtel International Netherlands launched a cash tender offer to redeem up to $300m of its $1 billion of 5.35% Guaranteed Senior Notes due 2024. There is an early tender deadline of 5 July 2022 for Noteholders wishing to tender their Notes[…]
Stock market advances by 0.56%, investors gain N154bn
Transactions on the floor of the Nigerian Stock Market on Wednesday closed on a positive note as the All Share Index appreciated by 0.56% to close at 51,377.21 points from the previous close of 51,091.75 points. Investors gained N154 billion as the Market Capitalisation grew by 0.56% to close at[…]