NGX Group Declares Interim Dividend 

NGX Group Declares Interim Dividend 

Following the emergency meeting of the Board of Directors on Tuesday, 25 July 2023, Nigerian Exchange Group Plc (NGX Group) has announced an interim dividend of 25 kobo per ordinary share of 50 kobo each, distributable to shareholders for the...
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NNPCL Pays N123b Interim Dividend To FAAC

NNPCL Pays N123b Interim Dividend To FAAC

As part of measures to consolidate its post Petroleum Industry Act (PIA) 2021 status as an income generating company, the Nigerian National Petroleum Company Limited (NNPCL), on Thursday commenced the payment of interim dividend and PSC profit oil into the...
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Shippers’ Council Cooperative Declares N44.443m Dividend For 2022

Shippers’ Council Cooperative Declares N44.443m Dividend For 2022

For the year 2022, the Nigerian Shippers’ Council Staff Multipurpose Cooperative Society Limited has concluded plans to pay a dividend of N44.447 million to its members. The President of the Council’s Cooperative, Mr. Adeyemi Olaolu said the cooperative pa...
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Ardova Shareholders Okay Transfer Of Shares At N17.88 Per Share

Ardova Shareholders Okay Transfer Of Shares At N17.88 Per Share

The shareholders of Ardova Plc, at a Court Ordered Meeting held in Lagos, on Wednesday, 31 May, 2023, approved the Scheme of Arrangement for the holders of its fully paid ordinary shares of 50 kobo each, subject to the approval...
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Okomu Oil Shareholders Okay N21 Final Dividend For 2022

Okomu Oil Shareholders Okay N21 Final Dividend For 2022

By Moses Ebosele, ebosele@hotmail.com  Shareholders of Okomu Oil Palm Company Plc have approved final dividend of N12 per share for the year ended December 31, 2022.  This in addition to the N9 paid as interim dividend amounts to a total of...
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Unilever Shareholders Approve N1.44b Dividend For 2022

Unilever Shareholders Approve N1.44b Dividend For 2022

For the financial year ending December 31, 2022, Shareholders of Unilever Nigeria Plc have approved the payment of N1.44 billion as a dividend.  Within the period, the company posted a turnover of N88.5 billion for the financial year, representing a...
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Afriland Properties Shareholders Okay N137m Dividend For 2022

Afriland Properties Shareholders Okay N137m Dividend For 2022

For the financial year ended December 31, 2022, the shareholders of Afriland Properties Plc, a property management and investment company, have approved a total dividend of N137 million. A statement issued by rhe company on Tuesday after its10th Annual General...
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Fidelity Bank Explains N21.6b Profit, 10k Interim Dividend In H1

Fidelity Bank Explains N21.6b Profit, 10k Interim Dividend In H1

Fidelity Bank Plc has released its H1 2022 results recording 21.6% growth in profit to N21.6bn as well as growth in most key ratios.    According to the report released on the Nigerian Exchange (NGX) on Tuesday, 30 August 2022, the...
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Dangote Sugar Shareholders Get N12.147b Dividend For 2021

Dangote Sugar Shareholders Get N12.147b Dividend For 2021

Dangote Sugar Refinery Plc has restated its commitment to the achievement of Sugar Backward integration projects, describing it as the best thing that happened to the sector. Speaking to shareholders at the 16th Annual General Meeting (AGM) of Dangote Sug...
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Okomu Oil Shareholders Get N7.6b Dividend For 2021

Okomu Oil Shareholders Get N7.6b Dividend For 2021

By citybusinessnews@yahoo.com — For the year ended December 31, 2021, Okomu Oil Palm Company Plc has rewarded shareholders with N8 per share dividend, amounting to N7.6billion.  Within the period, the company recorded profit after tax of N11.54 billion...
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Ecobank Shareholders Get $40m Dividend 

Ecobank Shareholders Get $40m Dividend 

The Ecobank Transnational Incorporation (ETI), the parent company of the Ecobank Group, has paid out a total dividend of 40 million dollars to shareholders.  The Group Chief Executive Officer (CEO) and Executive Director of ETI,  Ade Ayeyemi, made th...
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MTN Nigeria Shareholders Get N13.12b Dividend For 2021

MTN Nigeria Shareholders Get N13.12b Dividend For 2021

For the year 2021, MTN Nigeria Communications Plc paid N13.12 billion as dividends to shareholders.  Its audited Financial Statement for the year released in Lagos on Friday showed that the company paid N8.57k per shareholding.  The statement also in...
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Okomu Oil Sets Aside N7b For 2021 Dividend

Okomu Oil Sets Aside N7b For 2021 Dividend

For the 2021 financial year, the board of  Okomu Oil Palm Plc has concluded plans to reward shareholders with a dividend payout of N7.6 billion, translating to an N8 per share.   In a notice to the NGX ON Wednesday, Okomu Oil...
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Ecobank Votes $40m For 2021 Dividend

Ecobank Votes $40m For 2021 Dividend

Ecobank Transnational Incorporated (ETI) is set to pay shareholders dividends of $0.16 per share totaling $40 million for the year ended December 31, 2021, amounting to approximately CFA90, N66.6, or 1.08 Ghana Cedi per share.  The Bank in a statement...
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