NASCON posts N4.4bn profits, to pay 100k dividend

The Management of NASCON Allied Industries (formerly National Salt Company), a member of the Dangote Group over the weekend released its financials for...

AfDB’s Anthony Nyong named among world’s “100 Most Influential People in Climate Policy”

The African Development Bank (AfDB) has announced the nomination of Professor Anthony Nyong, Director for Climate Change and Green Growth, as one of...

Jumia files for New York IPO as African unicorn seeks funds

African online retailer Jumia Technologies AG has started a plan to sell shares in New York as the fast-growing Nigerian firm seeks to take...

Female empowerment central to sustainable economic growth – Heritage Bank

As the world celebrates this year’s International Women’s Day, Heritage Bank Plc stated that making female empowerment central to organisation’s business strategies is not...

DHL renews partnership with Africa’s largest e-commerce event

DHL Express in Sub-Saharan Africa (SSA) has announced that the company has once again signed on as lead sponsor for the 2019 DHL eCommerce...

Sterling Bank reaffirms pledge for sustainability, joins UN Global Compact

Sterling Bank Plc has become a participatory member of the United Nations (UN) Global Compact, the world's largest sustainability initiative with more than 9,000...

Dangote Cement declares N390.33bn PAT in 2018

• Proposes N16.00k dividend Dangote Cement has published its 2018FY results, reporting a strong EPS growth of 95.9% y/y to NGN22.83 (Consensus estimate: NGN13.46). The group...

Shoprite’s half-year profit drops, first time in over ten years

Shoprite Holdings, Africa’s largest supermarket chain, has said its first half-year earnings declined due to currency devaluation in Angola and supply constraints in its...

Meristem Securities allays fears on fire incident

Group Managing Director of Meristem Securities Limited, Mr. Wole Abegunde, stated that the fire incident which occurred at approximately 6:10am on Monday, 25th February,...

Ecobank Foundation supports African film industry

The Ecobank Foundation has chosen to honour the African film portraying the most positive image of the continent, at the prestigious 2019 Festival Panafricain...

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