Dangote Sugar appoints Oscar Mbeche as CFO
Dangote Sugar Refinery Plc has notified the Nigerian Exchange Limited and the investing public of the appointment of Mr. Oscar Mbeche, as Group Chief Financial Officer, of the Company, effective 1st March 2022. Mr. Mbeche is an astute Finance Executive, a qualified Accountant, Internal Auditor and Management Consultant. He holds […]
Market closes lower by 0.23%, sheds N58bn
Transactions on the floor of the Nigerian Exchange on Tuesday closed lower as the All Share Index declined further by 0.23% to close at 47,154.35 points from the previous close of 47,262.61 points. The Market Capitalisation declined by 0.23% to close at N25.414 trillion from the previous close of N25.472[…]
UBA increases dividend payout by 128.57%, PAT rises to N118.68bn
United Bank for Africa (UBA) on Friday published its Audited Financial Statements for the year ended 31 December 2021. UBA declared a final dividend of 80 kobo to its shareholders. This translates to 128.57% growth in dividend payout when compared to 35 kobo final dividend declared the previous year. In[…]
GTCO declares N2.70 as final dividend in FY 2021
Guaranty Trust Holding Company (GTCO) declared a final dividend of N2.70 to its shareholders for 2021 financial year. The Audited Financial statement of the financial institution shows year on year decline in its top line and bottom line figures. Gross Earnings of N447.81 billion was reported for the 12 months[…]