Monthly Archives: June 2018

Dangote pays 90% of net profits as dividend

…Delights shareholders with N10.50 per share payout Shareholders of Dangote Cement on Wednesday at the company’s 9th Annual General Meeting (AGM), held in Lagos were full of praise for the Board, Management and staff of the company after approving the dividend payout of N10.50 per 50k share, representing 90 per …

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New Buses Coming into Lagos in Batches

It was an iconic sight to behold as new buses adorned some of the recently constructed Bus Terminals in Lagos for the take off of the Bus Reform Initiative of the state government designed to bequeath a world class transportation system and enhance connectivity across the state. Apart from adding …

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Heritage Bank committed to innovative banking services

Heritage Bank Plc, Nigeria’s Most Innovative Banking Services Provider; has said it is committed to innovative banking services through its transparent MasterCard. Head of Corporate Communications of the bank, Mr. Fela Ibidapo disclosed this in a statement over the weekend, remarking that; “that is the philosophy behind the bank’s e-payment offerings.” According …

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Forex: CBN gives retail SMIS $343.06m boost

The retail Secondary Market Intervention Sales (SMIS) has received a boost of $343.06 million from the Central Bank of Nigeria (CBN), following the Bank’s intervention in the Foreign Exchange market on Thursday, June 14, 2018. Figures obtained from the Bank indicate that the amount released was for requests in the …

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Dangote emerges as the most admired African brand

Dangote Group, from Nigeria has emerged as the most admired African brand, of African continent origin, by consumers ahead of telecommunication giant, MTN according to the South African based Brand Leadership Movement in collaboration with the Johannesburg Stock Exchange (JSE) The Dangote brand which is also the leading brand in …

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Transcorp appoints Christopher Ezeafulukwe as Executive Director

Christopher Ezeafulukwe Lagos, June 11th 2018. Transnational Corporation of Nigeria Plc (Transcorp), one of Nigeria’s leading conglomerate,has appointed Mr. Christopher Ezeafulukwe as an Executive Director with effect from July 1, 2018 Ezeafulukwe, currently the Group General Counsel and Head, Business Development, will in his new role, focus and drive the development of new commercial …

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