Shareholders Archives — City Business News

April 15, 2025 No Responses

CSCS Proposes N1.76 Dividend For 2024

Central Securities Clearing System (CSCS) Plc has released its audited consolidated and separate financial statements for the year ended December 31, 2024, delivering double-digit growth in revenue and profitability.Total revenue increased by 37% to N26.1 billion in 2024, up from...

April 5, 2025 No Responses

United Capital Shareholders Get M14.4b Dividend For 2024

Shareholders of United Capital Plc has approved a total dividend payout of N14.4 billion for the 2024 financial year, representing 33% increase from the previous year. Speaking at the company’s 12th Annual General Meeting (AGM) held at the Transcorp Hi...

March 6, 2025 No Responses

Nigeria Joins European Bank As Shareholder

Nigeria has officially joined the European Bank for Reconstruction and Development (EBRD). This addition brings the total number of EBRD shareholders to 77, comprising 75 national shareholders alongside the European Union and the European Investment Bank...

January 5, 2025 No Responses

SEC To Intensify Crackdown On Ponzi Schemes In 2025

The Securities and Exchange Commission (SEC) has emphasised that protecting investors remains a cornerstone of its mission, assuring that the Commission will intensify efforts to stamp out Ponzi and pyramid schemes while paving the way for legitimate investmen...

December 26, 2024 No Responses

SEC DG To Stakeholders: Let’s Strive To Build A Fair, Transparent Market

Stakeholders in the capital market have been urged to strive to build a capital market that is fair, transparent, and inclusive.Director General of the SEC, Dr. Emomotimi Agama stated this in a Christmas Message to the capital market Community.Agama who...

December 15, 2024 No Responses

SEC Nigeria Rolls Out Enlightenment Campaign

To ensure more Nigerians are attracted to the capital market, the Securities and Exchange Commission (SEC)has rolled out an enlightenment initiative tagged #investnigeria.Speaking at the official rollout at the weekend, Director General of the SEC, Dr. Emomoti...

August 2, 2024 No Responses

Shareholders Lose N235bAmidst Nationwide Protest

The Nigerian stock market on Thursday, August 1, 2024, lost N235 billion in value amid cautious investor sentiment triggered by ongoing nationwide protest. At the end of the day’s transactions, the market capitalisation reduced to N55.278 trillion from an op...

June 13, 2024 No Responses

SAHCO’s Shareholders Okay N406m Dividend For 2023

The Chairman of Skyway Aviation Handling Company (SAHCO) Plc, Barrister Taiwo Afolabi, has assured its shareholders of enhanced profitability and dividend in the current financial year ending Dec. 31, 2024.Afolabi gave the assurance at the company’s 14th...

June 6, 2024 No Responses

Presco’s Shareholders Okay N24.3b For 2023 Dividend

For the year ended December 31, 2023, Shareholders of Presco Plc have approved dividend of N24.30 per 50 Kobo share, amounting to N24.3billion. At the 31st Annual General Meeting (AGM) of Presco Plc in Lagos on Thursday, Shareholders also...

May 26, 2024 No Responses

TotalEnergies Shareholders Okay €3.01 Per Share Dividend For 2023

Shareholders of TotalEnergies SE have approval the 2023 financial statements and payment of an ordinary dividend of €3.01 per share. Other resolutions approved by the board include: Renewal of the three-year terms as Directors of Mr. Patrick Pouy...

December 29, 2023 No Responses

NGX Group Appoints Popoola GMD/CEO, Oscar Onyema Retires

Further to the receipt of the Securities and Exchange Commission (SEC)’s No-Objection to the announcement of the appointment, Nigerian Exchange Group Plc (NGX Group) has announced the appointment of Mr. Temi Popoola as GMD/CEO designate effective 1 January 2...

November 28, 2023 No Responses

Photo News

L-R: Chief Finance Officer, Presco Plc, Johnson Amandor; Director, Presco Plc, HRH (Prince) Aiguobasinmwin O. Akenzua; Director Presco Plc, Chief (Dr.) Bassey E.O Edem,MFR, Managing Director, Presco Plc, Felix Nwabuko; Director, Presco Plc, Mr. Osa Osunde;...

September 29, 2023 No Responses

Presco’s Shareholders Get N8.6b Dividend For 2022

By Moses Ebosele, ebosele@hotmail.com Shareholders of Presco Plc have approved payment of final dividend of 660 kobo per share, indicating N6.6billion for the year ended December 31, 2022. The Company had paid an interim dividend of 200kobo pe...

August 1, 2023 No Responses

NGX Market Capitalisation Up By N1.8trillion In July

Transactions at Nigerian Exchange Limited (NGX) closed the month of July 2023 on a positive note as earnings and dividend declaration from quoted companies helped NGX market cap gain N1.814 trillion. The gain was also supported by insider dealings among...