09
MarAirtel Africa Completes Senior Notes Repayment
Airtel Africa, has confirmed that it has completed the early repayment of its c.$505m 5.125% Guaranteed Senior Notes, originally due in March 2023, using cash balances available at Group level. Settlement includes all outstanding accrued interest up to the Redemption date of 7 March 2022. One-off costs of c.$17.6m for […]
09
MarDangote 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[…]
09
MarMarket 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[…]
08
MarUBA 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[…]
