Okomu Oil Declares N26 Final Dividend
Okomu Oil Palm Company Plc has announced a final dividend of N26.00 per share for the financial year ended December 31, 2024, reinforcing its commitment to shareholder value creation. The dividend is payable to shareholders listed in the company’s register as of the close of business on April 24, 2025, with payment scheduled for May […]
Read MoreJP Morgan Seeks Merchant Banking Licence In Nigeria
JP Morgan Chase & Co., the world’s largest bank by market capitalisation, is set to deepen its investment in Nigeria as it prepares to convert its Lagos representative office into a fully operational merchant bank. The move signals the bank’s intention to secure a merchant banking licence from the Central Bank of Nigeria (CBN), expanding […]
Read MorePresident Tinubu Signs ISA 2024 into Law
President Bola Ahmed Tinubu has signed the Investment and Securities Act (ISA) 2024 into law, ushering in a new era of regulatory reforms designed to strengthen Nigeria’s capital market, enhance investor confidence, and align the country’s financial system with global standards. The new legislation, which repeals the Investment and Securities Act of 2007, grants the […]
Read MoreUnilever Nigeria Reports N149.5bn Revenue In 2024
Unilever Nigeria Plc has recorded a strong financial performance for the year ending December 31, 2024, reporting N149.5 billion in revenue, a 43.94 percent increase from the N103.8 billion recorded in the previous year. The company’s growth was largely driven by domestic sales, which contributed N145.6 billion, while exports accounted for N3.8 billion. The company’s […]
Read MoreUAC Announces N25bn As Profit -before tax
UAC of Nigeria Plc has staged a remarkable comeback, reporting a profit before tax of ₦25.5 billion for the year ended December 31, 2024. This represents a 107% increase from the previous year, marking a significant milestone in the company’s transformation journey. Just six years ago, UAC was struggling with declining revenues, operational inefficiencies, and […]
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