NAHCO consolidates growth

After a positive six months results, Nigerian Aviation Handling Company Plc recently reported profit growth of 117 per cent for the nine months ended September 30, 2018, writes Goddy Egene The earnings season has been mixed for shareholders as company reported their financial results for the nine months ended September 30,2018. Going by the results, […]

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NAHCO announces Oladapo as new Chairman

The Nigerian Aviation Handling Company Plc (nahcoaviance) has announced the appointment of Mr. Sehinde Fadeni Oladapo as its Chairman, Board of Directors. Oladapo takes over from Usman Arabi Bello, who resigned from the position on Thursday, October 25, 2018. In a notice sent to the Nigerian Stock Exchange, (NSE), the company stated that the appointment […]

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NAHCO records 25 pct increase in first-half 2018

The Nigerian Aviation Handling Company Plc has said its turnover increased by 25 per cent to N4.64bn in the first half of 2018 from the ₦3.71 billion recorded in the same period in 2017. The group said in statement that it also recorded a profit before tax of ₦500.97 million, up from the ₦203.08 million […]

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Investors acquire 16.75 pct stake in Nahco plc

Investors have concluded transfer of about 16.75 per cent equity stakes in Nigerian Aviation Handling Company (Nahco) Plc, raising possibility of changes in the shareholding structure of the ground handling company. Three deals were struck to complete major transfers that started with a cross deal on Thursday, bringing total transactions through the negotiated window of […]

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Nahco increases dividend payout to ₦406 million

The Nigerian Aviation Handling Company Plc (Nahco) Board of Directors has increased dividend payout to shareholders by 13.6 per cent to ₦406 million. Shareholders of the aviation handling company will receive a dividend per share of 25 kobo for the 2017 business year as against 22 kobo paid the previous year. Key extracts of Nahco‘s […]

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Nahco shines at the Nigeria Aviation Awards

Nigerian Aviation Handling Company Plc (Nahco Aviance) has clinched the Airport Ground Handling Special Achievement Award at the 2017 Nigeria Aviation (NIGAV) Awards. Nahco Aviance emerged the winner from 44 categories. The awards, one of the nation’s most prestigious in the air transport sector, is organised yearly by FCI International Limited. NAHC Managing Director/Chief Executive […]

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NAHCO partners NCAA, NCS, FAAN on aviation growth

In continuation of his consultation with aviation stakeholders, the newly-appointed Managing Director/CEO of the Nigerian Aviation Handling Company Plc, Mr. Idris Yakubu, recently visited key aviation regulators and stakeholders. Yakubu visited the Nigerian Civil Aviation Authority (NCAA), the Federal Airports Authority of Nigeria (FAAN), and the Nigeria Customs Service (NCS) airport command where he pledged […]

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Nahco posts ₦7.8bn turnover, payments of 22 kobo dividend

The Nigerian Aviation Handling Company on Thursday announced a turnover of ₦7.8bn. At its 36th Annual General Meeting in Abuja, NAHCO also announced the payment of 22 kobo dividend for every share held in the company. The company declared a profit after tax of ₦583m as the board approved the payment of 22 kobo for […]

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