NEM Insurance Plc declares 22 kobo as final dividend, reports N4.43bn as profit in FY 2021
NEM Insurance on Tuesday declared a final dividend of 22 kobo for the year end 31 December 2021. The underwriting firm for the 12 months period reported a turnover of N27.875 billion, up by 26.5% from N22.036 billion reported the previous year. Profit after tax was down year on year […]
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[…]










