Companies

Companies

Ellah Lakes to acquire Tolaram’s Agro-Allied Resources

Plu Team -
Ellah Lakes Plc, Nigeria’s integrated agro-industrial firm, has signed an agreement to acquire Agro-Allied...
Earnings and Dividend

Seplat to boost shareholder payouts with $1 billion dividend plan

Plu Team -
Seplat Energy, a leading Nigerian oil and gas company, has pledged to hand investors...
Companies

Airtel Africa extends share buy-back programme to March 2026

Plu Team -
Airtel Africa has announced revisions to its ongoing share buy-back programme, extending the window...
Earnings and Dividend

UBA surprises market with lowest interim dividend in three years after record 2024 payout

Plu Team -
United Bank for Africa has declared an interim dividend of 25 kobo per share...
Companies

Dangote Cement bets on exports to build $22m forex cushion

Plu Team -
Dangote Cement is turning to exports as its insurance policy against Nigeria’s turbulent currency....
Companies

Walmart to open first Africa stores in South Africa after Nigeria talks failed

Plu Team -
Walmart will open its first branded stores in Africa before the end of the...
Companies

Oando rewards shareholders with 679 million shares, plans next distribution

Plu Team -
Oando Plc has announced the completion of the first phase of its Share Distribution...
Banks

Former chairman buys 21% stake in Ecobank from Nedbank

Plu Team -
Ecobank Transnational Incorporated (ETI), the parent company of pan-African lender Ecobank Group, has confirmed...
Companies

Oando shareholders approve ₦500 billion capital raise, debt restructuring

Plu Team -
Shareholders of Oando Plc have granted approval for an extensive ₦500 billion capital-raising and...
Earnings and Dividend

Fidson declares ₦1 interim dividend, approves N30 bn capital raise

Plu Team -
Fidson Healthcare Plc has declared an interim dividend of ₦1.00 per 50 kobo share,...
Earnings and Dividend

BUA’s rice revenue soars nearly 3,000% amid soaring food costs in Nigeria

Plu Team -
BUA Foods Plc’s rice division recorded an almost 3,000% year-on-year revenue increase in the...
Earnings and Dividend

Nestlé Nigeria returns to profit as FX losses ease

Plu Team -
Nestlé Nigeria Plc, the country's largest food and beverage company, has staged a remarkable...
Earnings and Dividend

Nigerian Breweries swings to profit as debt costs falls

Plu Team -
Nigerian Breweries Plc, the country's largest brewer, has reported a significant turnaround in its...
Earnings and Dividend

Airtel Africa Q1 2025 revenue surges 24.9%, profit jumps 408%

Plu Team -
Airtel Africa Plc, a leading telecommunications and mobile money services provider across 14 sub-Saharan...
Companies

Canal+ Acquires MultiChoice in $3 Bn Deal: Here’s what you need to know

Ubong Ekott -
French media conglomerate Canal+ has officially completed its landmark $3 billion acquisition of MultiChoice...
Corruption

TIMELINE: Otudeko cleared of N12.3bn fraud a week after massive share sale

Plu Team -
Nigeria’s anti-graft agency has withdrawn a high-profile ₦12.3 billion fraud case against Oba Otudeko,...
Companies

Lafarge Africa profit soars 352% in H1 2025 as cement prices and volumes rise

Plu Team -
Lafarge Africa Plc delivered one of its strongest earnings performances in recent history, posting...
Companies

Briclinks Africa grows profit despite cash burn, heavy loans

Plu Team -
Briclinks Africa Plc, a Nigerian telecoms and internet service provider, has posted a ₦9.27...
Companies

Exclusive | AEDC office sealed over unremitted VAT charged on electricity consumers

Plu Team -
Nigeria’s Federal Inland Revenue Service (FIRS) on Friday sealed off the headquarters of Abuja...
Banks

GTCO makes history as first Nigerian banking company to hit ₦100

Plu Team -
Shares of Guaranty Trust Holding Company Plc (GTCO) surged past the ₦100 mark on...
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