Tags: 2017

Dangote Cement releases impressive result for Q4-17; proposed Dividend per share of N10.50

The management of Dangote Cement plc has released its 2017 Full Year results showed Group revenue stood at N805.6 billion (+31%  as against 2016) and Profit After Tax (PAT) of N204.3 billion (+43% as against 2016) are behind Bloomberg consensus’ N810.4 billion and N249.9 billion, respectively. While EBITDA anchored at N388.2 billion, +51% as against…

FMDQ Records N142 Trillion Turnover; a year-on-year growth rate of 24.97 per cent from N113.65 trillion in 2016

Bola Onodele Managing Director FMDQThe FMDQ OTC Securities Exchange on Thursday February 1, 2018, released achievement transactions record of a N142 trillion total over-the-counter (OTC) market turnover in 2017. This indicated a year-on-year growth rate of 24.97 per cent from the N113.65 trillion recorded in 2016. According to the statement excerpt s from the FMDQ…

Seplat Reports A Loss Of N1.62bn In Nine Months, 2017

Nigerian independent oil and Gas Company, Seplat Petroleum Development Company Plc (Seplat) has announced N1.62 billion loss in third quarter ended September 30, 2017 from N24 billion loss reported in third quarter ended September 30, 2016. The reports shown 70 per cent increase in revenue to N85.19 billion in third quarter of 2017 from N49.9 billion…

2017 COWBELLPEDIA MATHEMATICS TV QUIZ SHOW, LAGOS, OSUN MOVE AHEAD 

  Contestants representing Osun and Lagos States have moved on to the semi-finals of the on-going 2017 Cowbellpedia Secondary Schools Mathematics TV Quiz Show, sponsored by Cowbell, the flagship brand of Promasidor Nigeria Limited.   In the fourth preliminary stage contest last weekend, Hezekiah Ilesanmi of Bibo Oluwa Academy, Osun State moved onward to the…

SEME GENERATES OVER N773MILLION IN FEBRUARY, 2017

The Seme Command of the Nigeria Customs Service generated the sum of Seven Hundred and Seventy Three Million One Hundred and Sixty Eight Thousand Two Hundred and Forty Six Naira Three Kobo (N773, 168,246.03) as revenue in the month of February, 2017. The anti-smuggling operation of the Command also made Sixty-one (61) seizures with a…