Dangote Cement Pays N3.3 trillion as Dividend in 15 Years
Dangote Cement Pays N3.3 trillion as Dividend in 15 Years …Increases 2025 Dividend by 50% to N45 Per Share Shareholders of Dangote Cement Plc are set to receive a record dividend of N45 per share for the 2025 financial year, representing a 50 per cent increase over the previous payout and further reinforcing the company’s position as one of the most rewarding investments on the Nigerian capital market. The company has now distributed over N3.3 trillion in dividends to shareholders over the last 15 years, underscoring its unwavering commitment …
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Dangote Refinery Cuts Fuel Prices Again, signals further moderation
Dangote Refinery Cuts Fuel Prices Again, signals further moderation ...reduces PMS by N200 per litre in one month, says refinery absorbed global oil price surge Dangote Petroleum Refinery & Petrochemicals has announced another reduction in the ex-depot price of Premium Motor Spirit (PMS), marking its fourth price cut within a month as the company said it continues to pass lower production costs to consumers despite still processing crude oil purchased at significantly higher international prices. The latest N50 per litre reduction brings…
Wema Bank Announces First Pitch Centre for Hackaholics 7.0
Wema Bank Announces First Pitch Centre for Hackaholics 7.0 Following the official announcement of the 7th edition of Hackaholics, Wema Bank has announced University of Uyo as the first pitch centre location in the national tour of Hackaholics, the Bank’s flagship youth and startup-focused initiative designed to help young Africans transform their creative, game-changing, tech-driven ideas into working solutions. Scheduled for July 15 to 17, 2026, the first pitch centre, University of Uyo, will kick-start the Hackaholics 7.0 national tour, whic…
Tegbe Outlines Action Plan at Q2 NESI Stakeholders Meeting
Tegbe Outlines Action Plan at Q2 NESI Stakeholders Meeting Minister calls for shared accountability, transparency and protection of power assets Honourable Minister of Power, Mr Joseph Tegbe, has outlined his Ministerial Action Plan for the stabilization and growth of Nigeria's electricity sector, speaking at the second quarterly Nigerian Electricity Supply Industry (NESI) Stakeholders Meeting recently convened by the Nigerian Electricity Regulatory Commission (NERC) in Abuja. The forum, which was Chaired by the Chairman of NERC, Dr Musili…
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Dangote Cement Rewards Shareholders with N753.8bn Dividend, Pays N45 Per Share
Dangote Cement Rewards Shareholders with N753.8bn Dividend, Pays N45 Per Share Dangote Cement Plc has announced a 50 per cent increase in dividend payout to shareholders, raising the dividend from N30 per share to N45 per share, which translates to a total payout of approximately N753.8 billion, reaffirming the company’s position as one of the most rewarding investments on the Nigerian Exchange (NGX). The increase follows the company’s outstanding 2025 financial performance and underscores its unwavering commitment to shareholder value creati…
Stanbic IBTC unveils ‘You're Built for Growth’ campaign; reinforces commitment to clients’ growth
Stanbic IBTC unveils ‘You're Built for Growth’ campaign; reinforces commitment to clients’ growth Video link: https://www.youtube.com/watch? v=TUMsmFL_Q9c Lagos, Nigeria Stanbic IBTC, a member of Standard Bank Group, has officially launched its new thematic brand campaign, ’ You're Built for Growth’, a bold expression of the Group's commitment to supporting individuals, businesses and communities as they pursue their ambitions and unlock new opportunities. The integrated campaign, which spans television, radio, print, social media…
Stanbic IBTC Bank Nigeria PMI®: New orders continue to rise sharply in June
Stanbic IBTC Bank Nigeria PMI®: New orders continue to rise sharply in June Improving demand conditions helped to support further increases in output and new orders in Nigeria's private sector at the midway point of the year. Rising workloads and the prospect of further growth in the months ahead meant that firms took on additional staff and raised both purchasing activity and inventory holdings. Input costs and output prices increased sharply again, albeit to lesser extents than immediately following the outbreak of war in the Middle E…
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