Dividends

The N39 billion after-tax profit of Nestle Nigeria in the first quarter quickly vanished into a massive pile of accumulated losses, and the equity gap is still large enough to wipe out the company’s earnings for at least the next two…

The report which is based on a forecast from NNPC, obtained by the newspaper, indicated that the total petrol subsidy expenses from August 2023 to December 2024 will amount to N6.884 trillion, leaving the company unable to remit N3.987…

Apple Inc (AAPL.O) on Monday capitalized on the Federal Reserve’s emergency measures in response to the coronavirus outbreak to issue its cheapest bonds in years, making it the latest blue-chip company to do so to fund stock buybacks and…

Lafarge Africa Plc on Wednesday approved the payment of N13.01 billion dividend, at N1.50 per share, to its shareholders against N5.75 billion or N1.05 per share paid in the corresponding period of 2016. The company also assured its…