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Oando shareholders approve N5.1bn dividend

Shareholders of Oando Plc have approved the payment of the N5.1bn dividend for the year ended December 31, 2012. The shareholders, who gave the approval at the company’s Annual General Meeting held in Lagos on Thursday, praised its board and management for guiding the company to achieve positive results. The […]

Dangote Sugar Half Year Profit Up by 12.1%

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Dangote Sugar Plc Thursday posted a 12.1 percent (12.1%) increase in its half year post-tax profit for the period ended June 30 2103. According to the result released on the floor of the Nigerian Stock Exchange (NSE) post-tax profit for the review period increased from […]

Nestle Nigeria Reports 13.5% Growth in Q2 Profit

By InvestAdvocate Lagos (INVESTADVOCATE)-Food and Beverage giant Nestle Nigeria Plc, Thursday reported a 13.5 percent (13.5%) post-tax profit for its second quarter result for the period ended June 30 2013, according to the Nigerian Stock Exchange (NSE). To record the 13.5% growth in post-tax profit, the company announced N11.171 billion […]