Dangote Sugar Refinery Plc revenue jumps by 49.8% y/y in Q4-21
Dangote Sugar Refinery Plc (DANGSUGAR) released its audited reports yesterday, reporting a 107.9% y/y growth in Q4-21 standalone PAT with an EPS of NGN0.54 (Q4-20: NGN0.26), bringing the 2021FY EPS to NGN1.82 (-25.9% y/y; 2020FY: NGN2.45). The decline in the…
Lafarge 2021FY PAT grew by 65.4% y/y to N51bn
Lafarge published 2021FY audited financials yesterday. The report showed that 2021FY PAT grew by 65.4% y/y to NGN51.00 billion while EPS settled at NGN3.17/share (+65.4% y/y). The company’s earnings performance was bolstered by the combined impact of topline growth, higher…
Dangote Cement’s commitment to climate change yields dividend
… Proposes dividend of ₦20.00 per share Dangote Cement’s commitment to environmental disclosures and sustainability is yielding the desired results with Carbon Disclosure Project (CDP) raising its rating from C to B- even as it proposes a dividend of N20…
Business Hilights App downloads hit 67k in one week
Barely one week after the official launch of Business Hilights App in Lagos, downloads worldwide has risen to 67,980. Explaining the feat, the Head, Digital Solutions at Business Hilights Media Group, Engr. Joe Anaeli, said “The App design was out…
Buhari, el-Rufai, KADCCIMA extol Dangote at Trade Fair
Encouraged by his huge investments and philanthropic activities in the country, President Muhammadu Buhari and his host, the Governor of Kaduna State, have hailed the President of the Dangote Group, Alhaji Aliko Dangote. The duo spoke at the 43rd Kaduna…
NPA urges Maritime workers to shelve strike against IOCs
…….Calls Customs Agents to Suspend Protest Against New Auto Valuation System The Maritime Workers Union of Nigeria (MWUN) seems set to shelve its planned shutdown of operations at all ports and oil terminals in the country, scheduled to start from…
TD Africa targets Women entrepreneurs’ on 2022 Women’s Day
TD Africa, Sub-Saharan Africa’s leading distributor of tech, lifestyle and cutting-edge solutions is set to host over 200 female entrepreneurs on Tuesday, March 8, 2022 (International Women’s Day) as part of a project tagged The Herwakening, an initiative aimed at…
Commonwealth Least Developed Countries doing better at trade
A new Commonwealth report released today highlights why Least Developed Countries (LDCs) in the Commonwealth are faring relatively better at global trade than non-Commonwealth LDCs. According to ‘A new programme of action for Commonwealth LDCs’ a significant and growing ‘Commonwealth…
NGX Inducts 133 New Authorised Dealing Clerks
Nigerian Exchange Limited (“NGX” or “The Exchange”) inducted a total of 133 Authorised Dealing Clerks from 63 Trading License Holder charging them to uphold the highest level of ethics and responsibility. Speaking at the ceremony, the Chief Executive Officer, NGX,…
The Address Homes Unveils Two New Luxury Brands in Lagos
In its renewed effort in providing inspiring, regal and lavishly built maisonette housing schemes in the country, The Address Homes Limited, a real estate development firm dedicated to the attainment, development, and management of bespoke deluxe contemporary homes, has added…
