Connect with us
SSN
Advertisement
IZIKJON
Advertisement
forex
Advertisement
Stanbic IBTC
Advertisement
Binance
Advertisement
Esetech
Advertisement
Patricia
Advertisement
Fidelity ads
Advertisement
app

Companies

With 1 million downloads in a month, Opera News is the top news app on Play Store

Published

on

Opera News, the standalone news app developed by Opera, has broken the 1 million download milestone in less than four weeks since its release. The app, which provides users with easy access to their favourite news and entertainment content, has also been ranked number one in Nigeria and becomes the news app of choice in the country.

“Opera News is already on track to become the number one news and video app in Africa,” said Jørgen Arnesen, Global Head of Marketing and Distribution at Opera. “Over the coming year, the way people consume news and videos will change completely. We are proud to lead this transformation with Opera News.”
Back in December 2017, the Norwegian software developer Opera, known for its popular browsers for PCs and mobile devices used by hundreds of millions of users worldwide, announced its “Africa First” strategy, which aims to implement new internet solutions on the African continent before anywhere else.
“We are thrilled to see more than a million downloads of the app and that we rank above other apps like Whatsapp, and Facebook Messenger in Nigeria”. said Arnesen. “This milestone confirms our commitment to Africa on delivering high end tech products before than anywhere else.”
Source: App Annie
Released on Jan 9, 2018, Opera News is a news app with a powerful recommendation engine powered by artificial intelligence designed to keep people up-to-speed on all the things they love to read and watch. It delivers a variety of trending news and entertaining videos and gets smarter with each use, using machine learning to tailor content for the individual.
In addition to delivering great content, Opera News also saves up to 80 percent of the users’ mobile data usage thanks to its unique data-saving capabilities
Opera News is currently the most downloaded app in Nigeria and among the top 10 across the African continent. It has been receiving overwhelmingly positive feedback.
According to information from the Google Play Store, the app has received over two thousand user ratings, out of which 80 percent of them gave it five stars.
“We are thrilled to see the positive reactions towards Opera News. It seems the users like our fresh approach to news that comes with the app,” said Arnesen. “They can be sure that we will continue to provide them with more of their favorite videos, music, Premier League results and articles that satisfy all their cravings.”
Opera News can be downloaded from the Google Play Store.

About Opera

Since its founding in 1996, Opera has been a pioneer in shaping the future of the internet. Providing faster and more innovative web browsers, Opera is the everyday browser of choice for more than 350 million people worldwide.
Opera Software AS is a privately held company and is headquartered in Oslo, Norway. Follow our news at http://blogs.opera.com/news/
Opera, Opera Mini, O logo and Opera Software logo are trademarks of Opera Software AS. All other trademarks are the property of their respective owners.
Follow Opera on Twitter
Become a fan on Facebook
Watch our videos on YouTube
Follow Opera on Instagram

 

Nairametrics Research team tracks, collates, maintains and manages a rich database of macro-economic and micro-economic data from Nigeria and Africa. Our analysts share some of the data collated on Nairametrics, using formats such as docs, tables and charts etc. The team also publishes research based analysis as articles on a regular basis.

Companies

Africa Prudential proposes dividend of N1 billion for shareholders

Africa Prudential Plc has proposed a sum of N1 billion as dividend for shareholders.

Published

on

African Prudential could be worth more than N4.55

The Board of Directors of Africa Prudential Plc has proposed a sum of N1 billion as dividend to shareholders for the period ended 31st of December 2020.

This is according to a disclosure signed by the firm’s secretary, Joseph Jibunoh and sent to the Nigerian Stock Exchange, as seen by Nairametrics.

According to the notification, the proposed dividend will be paid electronically to qualified shareholders on the 26th of March, 2021, subject to appropriate withholding tax and approval from the company’s Annual General Meeting (AGM) scheduled a day earlier.

The breakdown of the proposed dividend shows that a sum of 50 kobo will be paid for each outstanding 2,000,000,000 ordinary shares of the company, held by its shareholders, totalling N1 billion. The proposed dividend is 28.6% lower than the 2019 figures of N1.4 billion.

The comparative decline in the company’s proposed dividend for the year might be attributed to a recent dip in profit and other key metrics recorded by the firm in its latest audited financial statement for 2020. For example, the firm posted a profit of N1.45 billion for the year, indicating a decline of 13.98% YoY. In addition, its earnings per share declined by 14.29% to print at 72 kobo.

What you should know

  • Africa Prudential had recently announced the appointment of Mrs Zubaida Rasheed as Director.
  • Africa Prudential Plc, formerly known as UBA Registrars Ltd, was incorporated as a private limited liability company on 23rd March 2006. It was listed in the NSE on 17th of January, 2013.

Continue Reading

Companies

Dangote Sugar proposes N18.2 billion as final dividend for 2020

Dangote Sugar Refinery Plc has proposed a sum of N18.2 billion as the final dividend for shareholders.

Published

on

Dangote Sugar proposes N18.2 billion as final dividend for 2020

The Board of Directors of Nigeria, Dangote Sugar Refinery Plc has proposed a sum of N18.2 billion as the final dividend for shareholders for the period ended 31st December 2020.

This announcement was contained in the audited financial statement of the leading integrated sugar company.

In line with the statement of the Board of DSR, the approval of this proposed dividend at the forthcoming Annual General Meeting will see Dangote Sugar pay out a final dividend of N1.50 for each of the outstanding 12,146,878,241 ordinary shares of the company, held by its shareholders.

The proposed dividend is 36.36% higher than the final dividend of N1.1 per share (N13.36 billion) the sugar company paid its shareholders in 2019.

What you should know

  • Dangote Sugar Refinery declared in its audited statement for the period ended 31st December 2020 that its profit for the year climbed to N29.8 billion, from N22.4 billion in 2019.
  • According to these figures, DSR’s earnings per share for 2020 are pegged at N2.45. Hence, with a dividend of N1.50 per share, Dangote Sugar is set to payout 61.2% of its profits for 2020.
  • At the close of trading activities on the floor of the Nigerian Stock Exchange today, shares in Dangote Sugar Refinery declined by 0.83% to close lower at N17.85.
  • At this price, the dividend yield of Dangote Sugar shares is 8.40%.

Continue Reading
Advertisement




Advertisement

Nairametrics | Company Earnings