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Jennete Ugo Anya
- April 6, 2025
FCMB Reports N111.9bn Profit Before Tax In 2024
First City Monument Bank (FCMB) has reported a profit before tax of N111.9 billion for the financial year ended December 31, 2024, reflecting a 71 percent increase compared to the previous year. The bank’s performance was revealed in a corporate disclosure filed with the Nigerian Exchange Limited recently. The Group’s gross revenue rose to N794.4 […]
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- April 6, 2025
Transcorp Hotels Increases Dividend by 270%
Transcorp Hotels Plc has announced a significant leap in shareholder returns, increasing its dividend payout by 270 percent to 74 kobo per share for the 2024 financial year. This marks a steep rise from the 20 kobo paid in 2023, and reflects the company’s strong financial performance in a challenging economic environment. Mr. Emmanuel Nnorom, […]
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- April 6, 2025
BUA Foods To Pay Final Dividend of N13.00 per Share
BUA Foods has declared a final dividend of N13.00 per ordinary share for the financial year ending December 31, 2024. The dividend, which is subject to regulatory approval and appropriate withholding tax, will be paid electronically to shareholders whose names appear in the Register of Members by the close of business on August 21, 2025. […]
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- April 6, 2025
United Capital Disburses N9bn Final Dividend
United Capital Plc, the Pan-African investment and financial services group, has approved a final dividend of N0.50 per share, amounting to N9 billion for the 2024 financial year. The payout, approved at the company’s Annual General Meeting held on Friday, April 4, 2025, will be credited to shareholders whose names appeared in the Register of […]
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- April 6, 2025
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 […]
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- April 6, 2025
JP 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 […]
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- April 2, 2025
President 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 […]
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- April 2, 2025
Unilever 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 […]
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- April 2, 2025
UAC 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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- March 31, 2025
GTCo’s HabariPay Posts N3.8bn Profit In 2024
HabariPay, the fintech arm of Guaranty Trust Holding Co Plc (GTCo), reported a profit after tax of N3.8 billion in 2024, marking an 81 percent increase from the N2.1 billion recorded in the previous year. This remarkable growth reflects the rising momentum of GTCo’s fintech ambitions, as the company continues to carve out a strong […]
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