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Report Reveals NLNG Paid Buhari Regime $5.3bn Dividend

Report Reveals NLNG Paid Buhari Regime $5.3bn Dividend   The Federal Government has received about $5.28bn as dividends from the Nigeria Liquefied Natural Gas Limited (NLNG) under the regime of President Muhammadu Buhari. The latest data contained in the Facts and Figures 2022 report of the NLNG,...

BOI Declares Over N7.8bn Dividend, Records 75% Profit Rise

BOI Declares Over N7.8bn Dividend, Records 75% Profit Rise   The Bank of Industry (BOI) said it recorded N61.15bon as profit before tax for the 2021 financial period. The Chairman of BOI’s Board of Directors, Aliyu Dikko, who announced the results during the bank’s 62nd Annual General...

Dangote Cement Pays N273bn Dividend

Dangote Cement Pays N273bn Dividend       Shareholders of Dangote Cement Plc yesterday commended the management of the company for an impressive performance despite the economic challenges in the immediate past business year. The shareholders approved N272.6 billion as dividend, translating to N16 per share for the year...

Dangote Cement Pays N1trn Dividends In 7 Years

Dangote Cement Pays N1trn Dividends In 7 Years       Dangote Cement Plc says it has grown the wealth of its shareholders, paying over N1tn as dividends in the past seven years. According to the company’s Group Chief Financial Officer, Mr Guillaume Moyen, the cement manufacturer is focused...

Senate Demands Probe Of $18bn NLNG Dividend To NNPC

Senate Demands Probe Of $18bn NLNG Dividend To NNPC       The Senate on Wednesday directed the Accountant General of the Federation, Mr Ahmed Idris, to investigate the $18.32bn which the Nigerian Liquefied Natural Gas Limited claimed to have paid as dividend to the Nigerian National Petroleum...

Govs Tackle FG Over NLNG Dividends

Govs Tackle FG Over NLNG Dividends     A delegation of the Nigeria Governors’ Forum (NGF) yesterday told President Muhammadu Buhari that it was wrong for the federal government to appropriate dividends from the Nigeria Liquefied Natural Gas (NLNG) Limited without remitting it to the Federation Account. According...