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NIGERIAN BUSINESS NEWS
Barring any unforeseen circumstances, the Cement Company of Northern Nigeria Plc (CCNN) will pay a dividend of N0.40 per share before the end of this month.
Agribusiness firm, Ellah Lakes Plc, has hinted at plans to raise fresh capital through the issuance of new one billion shares to investors.
The daily market summary examines the daily performance of major economic indicators, as well as highlights from trading sessions and key statistics on Treasury Bills, Bonds, etc. This report is dated July 2nd, 2019.
One of Nigeria's leading Fast-Moving Consumer Goods manufacturers —Nestle Nigeria Plc, recently unveiled a new product called Maggi Signature.
Investors of Nigeria-based British conglomerate, A.G Leventis Nigeria PLC, have their lucky stars to thank as the firm has announced a profit of N876 million for the 2018 financial year-end after recording losses for three consecutive years.
All things being equal, shareholders of the Nigerian Aviation Handling Company (NAHCO) will get a dividend of 25 kobo per share by 26th July, 2019.
The fixed income markets have plenty of liquidity, market interest rates are falling, and even the equity market rallied last week.
Student Accommod8, (@SAccommod8) Nigeria’s leading developer, owner, and manager of high-quality and Purpose-Built Student Accommodation (PBSA), has raised an undisclosed amount of debt funding from the Nigeria Infrastructure Debt Fund (NIDF).
Fresh trouble runs through the pipeline as Nigeria's labour union threatened on Monday to commence strike following the Federal Government's refusal to implement the new minimum wage.
International Breweries Plc, has disclosed its financial statement for the full-year period ended Dec 31st, 2018. Here are the highlights of the result
Red Star Express Plc has proposed to pay its shareholders N253 million worth of dividends for the financial year ended March 31st, 2019. This will translate to 43 kobo per share.
Following the move by the National Insurance Commission (NAICOM) to mandate insurance firms to recapitalise, brokers may now have to distance themselves from doing business with financially-weak insurance firms.