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Corporate Press Releases

Dividends, Results, Press Releases from Nigerian corporates

First Aluminium Plc Appoints New MD

s Managing Director effective January 13, 2014. s Board of Directors at its meeting held on January 16, 2014 approved the appointment of Mr...

Dangote contracts Mammoet to provide heavy lifting & transport solutions for refinery

During a signing ceremony in Lagos on Tuesday, January 16, the Dangote Group of Companies and Mammoet signed the contract for this ambitious project....

Unimpressive? Nestle Posts N22.2billion PAT..Proposes Dividend Not Befitting of Its Valuation

Nestle Nigeria PCL released its 2013 FY audited results showing revenue rose 14% to N133billion (2012 FY: N116.7billion). Gross profit also rose 13.2% to...

Dividends Declared By Companies On The Nigerian Stock Exchange – 2013

As audited accounts start to trickle in companies will propose dividend payments to their shareholders as recommended by their respective board of directors. It...

9mobile issues statement explaining its recent shoddy service

9 mobile (formerly known as Etisalat Nigeria) has issued a press statement explaining the network outage some of its users are currently experiencing. According...

Alert: Unity Bank Plc Release 2016 Half Year Earnings

Unity Bank Plc released its 2016 H1 results for the period ended June 30 2016 ; See below   Unity Bank Plc 2016 Half Year Results Unity...

ALERT: NAHCO Plc Release 2016 Third Quarter Earnings

NAHCO Plc released its 2016 result for the nine months ended 30 September 2016 ; See below     NAHCO PLC 2016 Quarter Three Results NAHCO PLC 2016 Q3 2015...

Zenith Bank reports N75 billion profit (2017 6 months)

Zenith Bank released its interim financial results for the period ended 30 June 2017 ; See below   Gross Earnings N’m 2017 6 Months | 380,440 2016 6 Months | 214,812 %age...

Alert: Presco Plc Post 772% Growth In Profits (2016 FY Result)

Presco Plc today released audited results for the financial year ended 31 December 2016 Revenue N’000 FY 2016| N15,716,198 FY 2015| N10,448,353 %age change|50% Profit after tax  N’000 FY 2016| N21,735,465 FY...

Neimeth Approves 1 for 5 Bonus Promises Better Returns After Facility Upgrade

Neimeth International Pharmaceuticals Plc has promised its shareholders that its ongoing facility upgrade will lead to greater returns on their investment in 2014. The Chairman,...

Guinness Nigeria scores 30% increase in sales

Guinness Nigeria Plc has released its 2018 first quarter results for the period ended September 2017. Here are highlights of the results; ...

ABC Transport Appoints New Chairman

  ABC Transport Plc, a coach operator and the only road transport operator quoted on the Nigerian Stock Exchange, has announced the election of Olumide...

Jaiz Bank Appoints Usman As MD, Posts N794.2 Million Profit

Board of Directors of Jaiz Bank on Tuesday, appointed Hassan Usman as substantive Managing Director to run the affairs of the bank subject to...

ALERT: Guinness Nigeria Reports N4.7b Loss (2016 Q2)

Guinness Nigeria released its 2016 result for the second quarter ended 31 December 2016 ; See below   Revenue N’million 2016 6 Months | N59,491 2015 6 Months...

Nigerian Football League Launches New Lottery with Highest Jackpot in Africa

AfroMillionsLotto, a brand new lotto with a minimum jackpot close to a billion naira is to be launched in support of the Nigeria Professional...

Dangote Cement Appoints Experienced Miner To It’s Board

In a move that suggest the Blue Chip company is looking to expand strategically into mining operations, Dangote Cement Plc notified The Nigerian Stock...
Julius Berger Nigeria Plc

Alert: Julius Berger Reports N1.6 Billion Pre-Tax Losses (2016 9 Months)

Julius Berger Plc released its 2016 result for the nine months ended 30 September 2016 ; See below   Revenue N’m 2016 9 Months|  N94,322 2015 9 Months| N111,503 %age...

NASCON appoints new Managing Director

National Salt Company of Nigeria, NASCON has announced the appointment of Mr. Paul Edward Farrer as its new Managing Director. The decision was taken...

ALERT: Union Diagnostic & Clinical Services Earnings Down 7% (2016 9 Months)

Union Diagnostic & Clinical Services Plc released its 2016 result for the nine months ended 30 September 2016 ; See below Revenue N'm 2016 9 Months|...

Profile of Stanbic IBTC Holdings newest board member Miannaya Ajah Essien (SAN)

Stanbic Ibtc Holdings has appointed Mrs Miannaya Ajah Essien as an Independent Director. Mrs Essien is the Managing Partner/Co-founder of Principles Law Partnership. Prior...
Bukar Kyari

Kyari Bukar bows out as chairman of Nigerian Economic Summit Group

Mr. Kyari Abba Bukar, the executive chairman of the board of directors of the Nigerian Economic Summit Group (NESG) has quit his position

Official: Julius Berger Is Giving a 1 for 10 Bonus Issue

Julius Berger Nigeria Plc has notified The Nigerian Stock Exchange that in addition to the declaration of a dividend of N2.70 for the company’s...

Champion Breweries Appoints New Directors, Share Price Down 47% YTD

Champions Breweries Plc announced the resignation of Didier Francis Martial Leleu as a Director of the Company effective 3 December 2015. The company consequently announced...

Dividends: Diamond Bank Declare 30kobo Per Share Dividends

Diamond Bank Plc has proposed a dividend payment of 30kobo per share or N4.3billion to its share older. You have to own the shares...

Costain West Africa Plc Appoints New COO

Costain (West Africa) Plc has notified The Nigerian Stock Exchange of the appointment of Mr. De Jesus Barreto Fernando as the Chief Operating Officer...

Dividends: UPDC Declares Dividends & Bonus Issue for 2013 Results. See details

UACN Property Development Company (UPDC) has proposed a dividend payment 70kobo per share. They also approve a bonus issue of 1 share for every...

Alert: Nestle Nigeria Plc Release 2016 Second Quater Earnings

 Nestle Nigeria Plc released its 2016 Q2 results for the period ended June 30 2016 ; See below   Nestle Nigeria Plc 2016 Second Quater Results Nestle...

Federal Government Appoints CEOs For Six Information Agencies

The Federal Government, Wednesday announced the appointments of Chief Executive Officers (CEOs) of six parastatal agencies under the Ministry of Information and Culture. Minister of...

ALERT: Beta Glass Plc Release 2016 Third Quarter Earnings

Beta Glass Plc released its 2016 result for the nine months ended 30 September 2016 ; See below     Beta Glass Plc 2016 Quarter Three Results Beta...
Phillips Consulting to hold webinar on digital transformation

Phillips Consulting to hold webinar on digital transformation

At some point in our work life, we have come across an example of digital transformation and how it has impacted the business space. ...

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shortlisted applicants for the 2019 Tony Elumelu Entrepreneurship Programme

List of successful applicants for TEF 2019 announced

See the complete list of the shortlisted applicants for the 2019 Tony Elumelu Entrepreneurship Programme.
Cadbury Nigeria Plc appoints new managing director

Cadbury Nigeria Plc appoints new managing director

Cadbury Nigeria Plc today announced the appointment of Mrs. Oyeyimika Adeboye as Managing Director, effective 1st April 2019. Mrs. Adeboye takes over from Mr. Amir...
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How to make $1bn from a single product in Nigeria

Nigerian businesses owned by foreign nationals have thrived. Here's a look at how they did it.