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Dollar extends losses on Fed move, Donald Trump revives trade war fears
The dollar extended losses in Asia on Thursday after the Federal Reserve stuck to its target for interest rate hikes this year, but fresh fears of a trade war hit equity markets as Donald Trump prepared new sanctions on China. After…
This is how much taxes Dangote Cement has paid in the last 5 years
Dangote Cement recently released its 2017 annual report revealing that it made a profit of N204.2 billion compared to N142.8 billion in 2016. The company has often been criticised for “not paying taxes” or perhaps not paying enough…
Access bank profit drops to ₦80 billion in 2017
Access Bank today released its financial statements for the year ended December 2017. Gross Earnings increased from ₦381 billion in 2016 to ₦459 billion in 2017. Profit before tax fell from ₦90 billion in 2016 to ₦80 billion in 2017.…
Aliko Dangote will earn over ₦100 billion in dividends
The first half of the year must be a jolly one for Africa’s richest man going by an estimate of dividends he will earn from his various companies. Dangote Industries Limited (DIL) will earn over ₦100 billion in dividends from the…