FG, States and LG share N695bn in February 2022
The Federation Accounts Allocation Committee (FAAC), has shared N695.03 billion to the three tiers of government as revenue for February 2022. According to the FAAC Director Information, Mr. Olajide Oshundun, the distribution is as follows; Federal Government got N24.845 billion, the states received N82.818 billion, Local Government Councils got N57.972 […]
Cadbury Nigeria declares 50 kobo dividend to shareholders, reports N449.7m as profit in FY 2021
Cadbury Nigeria Plc in its published Audited Financial Statement for the year ended 31, December 2021 declared a final dividend of 50 kobo to its shareholders. The company reported a turnover of N42.37 billion for the 12 months period, up by 19.67% from N35.41 billion reported the previous year. Profit[…]
Market sheds N110bn on profit taking, closes lower by 0.43%
Transactions on the floor of the Nigerian Exchange on Thursday closed on a bearish note, occasioned by drop in the share price of MTN by 0.73%. The All Share Index declined by 0.43% to close at 46,960.29 points from the previous close of 47,163.94 points. The Market Capitalisation declined by[…]
Unilever appoints Folake Ogundipe as Executive Director
Unilever Nigeria Plc has notified the Nigerian Exchange and the investing public of the appointment of Mrs Folake Ogundipe as an Executive Director of Unilever Nigeria Plc with effect from 1 April, 2022. Mrs Ogundipe is a highly effective financial executive with cognate experience in leading finance functions to deliver[…]