12
MayStock market rebounds, adds N563bn buoyed by gains in MTN, Dangote Cement, others
The Nigerian stock market on Wednesday bounced back after a marginal declined on Tuesday to close higher, buoyed by gains in Dangote Cement, MTN Nigeria and other 41stocks as the All Share Index grew by 1.99% to stand at 52,838.45 points against the previous close of 51,805.41 points. The market […]
11
MayAirtel Africa reports $4.7bn revenue in 12 months, declares 3 cents as final dividend
Airtel Africa on Wednesday published its Fourth Quarter report for the year ended 31 March 2022. Revenue of the telecom giant grew by 21% for the year to $4.714 billion (N1.96 trillion) from $3.888 billion (N1.62 trillion) reported the previous year. According to the report, constant currency underlying revenue growth[…]
11
MayBUA Foods acquires first of two shipping vessels for sugar export operations
BUA Foods Plc has taken delivery of the first of two shipping vessels to augment its sugar export operations to the West African market, which kicked off successfully earlier this year. BUA Food’s export of refined sugar will benefit the economy, providing alternative source of income, while significantly diversifying the[…]
11
MayVeritas Kapital Assurance appoints Emmanuel Etuh as Non-Executive Director
Veritas Kapital Assurance has notified the investing public of the appointment of Mr. Emmanuel Etuh as Non-Executive Director of the Company. The appointment of Mr. Emmanuel Etuh has been approved by the National Insurance Commission. Emmanuel is a financial adviser at TMD Capital Partners, where he specializes in building and[…]
