DANGCEM says rivalry, pricing pressure affect earnings, awaits consents for share buyback. Dangote Cement Plc. (DANGCEM) has stated that pricing pressure in Nigeria, increased competition and other factors affected the company earnings in 2019.
Cadbury delivers solid performance after restructuring as EPS hits 5-Year high. Cadbury Nigeria Plc delivered strong performance after the company’s restructuring exercise, though earnings remain behind pre-2014 average performance.
FMN Plc. share stays flat despite border closure driven earnings beat. Flour Mills of Nigeria Plc. beats analysts’ estimates as government policy on border closure impacted performance positively.
Declining demand for Pharma-Deko products widen loss. It has been a bad time to do business for Pharm-Deko Plc, a company operating in the health sector and listed on the main board of the Nigerian Stock Exchange.
Dangote Cement Plc has initiated move to repurchase its own shares from the market as equities market condition worsen.
How IT entrepreneurs can get Technology loan from Access Bank. It is good to borrow money to finance a business, don’t be religious about it. It is call leverage. But there is a rule: cost must not be greater than associated benefits.
How foreign companies in Nigeria can reduce negative tax incidence. The likelihood of getting caught up in negative tax incidences is much higher in foreign markets than in one’s home country where tax laws may be more common knowledge and practice, says Abdulrasaq Olatunji, Director, Tax & Regulatory Services, at Nolands Nigeria Professional Services.
Oando signs Gas Supply Agreements with NLNG, says JV closer to zero gas flare
Nigeria records positive trade balance in Q3. Nigeria’s total imports decline as exported goods saw a push in the third quarter of 2019, the National Bureau of Statistics (NBS) has revealed.
At the current output of 350 thousands standard cubic feet of gas per day for the Nigerian domestic market, Seplat Petroleum Development Company