Results & Dividends

2024: Dangote pays N502.6 billion to Cement Shareholders as Dividends

 …Spends N13.19 billion on CSR June 23, 2025/Dangote Group Shareholders of Dangote Cement on Monday were full of praise for the Board, Management, and staff of the company after approving a dividend payout of N502.6 billion, which translates to N30 kobo per share at the 2024 Annual General Meeting, held in Lagos on […]

FirstHoldCo Addresses CBN Forbearance Circular, Affirms Dividend Commitment

June 19, 2025/Proshare By FirstHoldCo Plc. Source: NGX Group First HoldCo Plc has issued a clarification regarding the Central Bank of Nigeria’s (CBN) circular, which relates to regulatory forbearance on Single Obligor Limit (SOL) breaches and certain credit facilities. According to the release, its primary banking subsidiary, First Bank of […]

Guinness Nigeria Plc Q3-25 Update Earnings Recovery Underway; HOLD Rating Maintained

June 19, 2025/Cordros Report We update our views on Guinness Nigeria Plc (GUINNESS) for 2025E. The brewer’s 9M-25 results confirm a sharp turnaround in earnings, driven by aggressive pricing, improved product mix, and cost containment efforts. After a NGN61.65 billion loss in 9M-24, the company returned to profitability with a […]