NGX

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

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

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...
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...
Banks

First Bank (First HoldCo) gets a new top buyer. Here’s who’s behind the deal

Plu Team -
A dramatic shift in the ownership structure of Nigeria’s oldest bank, First Bank, is...
Markets & Investing

Analysis | Why is Nigeria’s stock market booming while the economy isn’t?

Olawale Afolabi -
Nigeria’s stock market is defying the country’s economic struggles. In the face of inflation,...
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