Shareholders Archives — Page 2 of 7

March 14, 2023 No Responses

Shareholders Hold Investors Summit Thursday

All is now set for the 2023 Investors’ Summit organized by members of the Proactive Shareholders Association of Nigeria (PROSAN). Under the chairmanship of former chairman, NAHCO AVIANCE, Alhaji Sulaiman Yahyah, the event is scheduled to hold on Thursday, March...

January 13, 2023 No Responses

Bermuda Stock Exchange To Host WFE Annual Meeting In 2023

The World Federation of Exchanges (WFE) has announced Bermuda Stock Exchange (BSX) as host of the industry’s General Assembly & Annual Meeting in 2023. A statement sent to City Business News explained that the meeting, now in its 62...

December 14, 2022 No Responses

Dangote Cement Shareholders Approve 10 % Share Buy-Back Scheme

Shareholders of Dangote Cement, unanimously on Tuesday authorised the Management of the company to undertake a share buyback of up to 10 percent of its issued shares, effective from the date of the resolution. The company had earlier indicated an.....

October 28, 2022 No Responses

Conoil Shareholders Get N1.7b Dividend For 2021

Shareholders of Conoil Plc, at the weekend, unanimously approved the proposed final dividend payout of N1.734 billion, which translates to N2.50 per share, for the 2021 financial year. The dividend payment ratified at the company’s 52nd Annual General...

October 22, 2022 No Responses

C&I Leasing Assures Shareholders Of Enhanced Return, Expansion

C &I Leasing Plc has reiterated plans to embark on a business expansion drive in the near future to increase market share and ensure enhanced returns to shareholders. The C&I Leasing Group Managing Director/Chief Executive Officer, Mr Lenin Ugoji...

October 1, 2022 No Responses

NGX Group’s Shareholders Re-Elect Non-Executive Directors

Shareholders of Nigerian Exchange Group Plc (NGX Group) on Friday approved resolutions by the company’s Board of Directors to re-elect Mr Apollos Ikpobe and Dr Okechukwu Itanyi as non-executive directors. They both retired by rotation before their re-e...

September 28, 2022 No Responses

Ardova Explains N192.47b Revenue, N20.91b Shareholders’ Funds For 2021

By Moses Ebosele, ebosele@hotmail.com — For the 2021 financial year, Ardova Plc attained a gross revenue of N192.47 billion, representing a 5.95 per cent increase from the 2020 revenue of N181.66 billion, whilst the group revenue closed a...

August 11, 2022 No Responses

Shareholders Reinforce Confidence In Oando Management

Shareholders of Oando Plc have reinforced confidence in the management of the company while urging the government to work with stakeholders to tackle the challenges facing the oil and gas industry. A statement posted on Oando’s website said the shareholder...

June 16, 2022 No Responses

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...

June 6, 2022 No Responses

Shareholders Laud NASCON’s N2.97b Net Profit In 2021

National Salt Company of Nigeria (NASCON) Allied Industry Plc, a subsidiary of Dangote Industries (DIL) Ltd., recorded a net profit of N2.97 billion, while profit before tax rose from N3.9 billion to N4.3 billion for the year 2021. A statement issue...

May 30, 2022 No Responses

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...

May 26, 2022 No Responses

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...

May 16, 2022 No Responses

SAHCO Wins Best Performing Stock Award

Skyway Aviation Handling Company Plc (SAHCO) has won the award of “Best Performing Stock” for the year 2021 at the Nigerian Investor Value Awards 2022 (NIVA) hosted by BusinessDay and the Nigerian Exchange (NGX). A statement issued by Man...

April 30, 2022 No Responses

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...