Business Hilights

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Guinness to grow by 811.2% in Q2-22

GUINNESS published its Q2-22/H1-22 (end-Dec 31) unaudited results today, reporting growth of 811.2% y/y in Q2-22 standalone PAT. Consequently, EPS grew by 811.2% y/y to NGN1.85 (Q2-21: NGN0.24); thus, H1-22 EPS came in at NGN4.03 (vs Loss Per share of…

SIFAX Group grosses CSR in 2021

… Projects mostly executed through philanthropic arm, Ajoke Ayisat Afolabi Foundation*** SIFAX Group, a conglomerate with investment in Maritime, Aviation, Logistics, Oil & Gas, Financial Services and Hospitality, spent over N250 million on Corporate Social Responsibility (CSR) programmes across Nigeria…

LIRS gives January 31st deadline for ATR filling by employers of labour

As the new year begins, Lagos State Internal Revenue Service (LIRS) wishes its esteemed taxpayers a prosperous 2022. The agency also reminds businesses and employers of labour of their statutory obligation to file annual income tax returns pursuant to section…

BUA Foods Plc Engages Stakeholders via NGX Facts Behind the Listing

Nigerian Exchange Limited (NGX or The Exchange) started the year off with the listing by introduction of BUA Foods Plc on the Main Board of The Exchange. In keeping with its practice of intimating stakeholders with details of notable transactions…

Dangote advocates Unity, Cooperation among Africans for global recognition

President of Dangote Group, Aliko Dangote, has charged African leaders and citizens to be united in the promotion of the continent’s intrinsic greatness through improved trade relations amongst African countries. Speaking at the formal launch of the Pan-African Payment &…

BUA Foods Lists 18Bn Ordinary Shares on NGX Main Board

Nigerian Exchange Limited (NGX or The Exchange) is pleased to announce the listing by introduction of BUA Foods Plc on the Main Board of The Exchange on Wednesday, 5 January 2022. A total of 18 billion ordinary shares of BUA…

Aliko Dangote Foundation begins its nutrition flagship program in Kano

The Aliko Dangote Foundation (ADF) has commenced the implementation of its nutrition flagship program, tagged: Aliko Dangote Foundation Integrated Nutrition (ADFIN) program in Kano State. According to the ADF’s Director of Health and Nutrition, Dr. Francis Aminu,  the program is…

Dangote Cement Partners FRSC for accident-free road transportation

As a way of deepening its CSR, Dangote Cement Plc, Ibese has embarked on road safety awareness campaign as well as provision of road safety kits to motorists and commercial motorcyclists to help ensure accident-free road transportation. Also, the Company,…

Dangote Cement’s CDP Climate Rating raised to B-

Africa’s largest cement producer, Dangote Cement Plc (DANGCEM-NL), is pleased to announce that CDP has raised its rating from C to B- for the Company’s commitment to climate change. The rating upgrade reflects Dangote Cement’s improvement in governance, risk management…

HealthPlus ePharmacy, First-Ever Digital Prescription Website goes live

HealthPlus, Nigeria’s first integrative pharmacy has made history by launching West Africa’s first-ever ePharmacy and digital prescription Platform. Nigerians located anywhere in the country and indeed anywhere in the world can get a prescription from a certified pharmacist and have…