GlaxoSmithKline Nigeria Plc’s Revenue Declined by 33.76%
February 01, 2024

GlaxoSmithKline Nigeria Plc’s Revenue Declined by 33.76%

According to GlaxoSmithKline Nigeria Plc's recently released financial statement for 2023, the company's profit dropped by 33.76% to N510.80 million in 2023 from N771.15 million in the previous financial year.The company announced this in a notice filed with the Nigerian Exchange Limited on Tuesday ...

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Another Trouble as FG Fines Binance $10 Billion for Devaluing the Naira
March 01, 2024

Another Trouble as FG Fines Binance $10 Billion for Devaluing the Naira

With the suspension of the P2P feature on Binance, Nigerian cryptocurrency traders cannot convert or trade their coins on the platform. The duration of this ban is yet to be determined. The recent statement from Binance officials suggests that they could not meet the federal government's demands, leading to the government's decision to shut down the peer-to-peer feature. In a surprising turn ...

Lafarge Africa’s Board of Directors Propose a Dividend of N1.90 per Unit
March 01, 2024

Lafarge Africa’s Board of Directors Propose a Dividend of N1.90 per Unit

The Board of Directors of Lafarge Africa recently announced that it will pay shareholders a dividend of N1.90 per unit of its shares for the year ending December 2023, which amounted to a total of N30.60bn. However, it was reported that in 2022, the total dividend payout was N32.22 bn.On Thursday, the firm filed a corporate notice with Nigeran Exchange Limited after the company's board of director...

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