Shareholders Archives — Page 3 of 8

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 indicated that...

April 11, 2022 No Responses

VW Rejects Shareholder Push For Climate Lobbying Disclosures

Volkswagen has rejected a shareholder proposal for it to explain how its lobbying activities align with its climate goals – something two of the carmaker’s leading competitors have already promised to do, one of the investors said.A filing by ...

April 8, 2022 No Responses

UBA Assures Investors, Shareholders Of Sustained Growth

United Bank for Africa Plc (UBA) on Thursday assured shareholders and investors of its unwavering commitment to sustaining its current growth trajectory. The Group Chairman, Tony Elumelu, gave the assurance at the 60th Annual General Meeting of UBA at the...

April 8, 2022 No Responses

Neimeth Explains Agenda For N5b Fresh Capital

Shareholders of Neimeth International Pharmaceuticals PLC have approved the plan of the Board to raise the sum of N5 billion through a hybrid offering of Rights to existing shareholders and private placement. The money will be used to finance major...

March 4, 2022 No Responses

2021: Vitafoam Shareholders Get N1.9b Dividend

Vitafoam Nigeria Plc, a leading manufacturer of rigid foams and other household materials, has rewarded its shareholders with a total dividend of N1.9 billion for the year ended December 31, 2021, translating to N1.50 per share. Its Chairman, ...

February 20, 2022 No Responses

United Capital Proposes 114% Increase In Dividend

United Capital Plc, an investment bank and pan-African financial services group, has proposed 114 per cent dividend increase to N1.50 for every 50k ordinary share for the financial year ended Dec. 31, 2021. The Group Chief Executive Officer of the...

December 17, 2021 No Responses

Access Bank Shareholders Approve Holdco Structure

Shareholders of Access Bank Plc have unanimously approved the bank’s proposed reorganisation into a Holding Company (Holdco) to be known as Access Holding Plc. The shareholders gave the approval at the bank’s Court- Ordered Meeting on Thursday in Lag...

December 13, 2021 No Responses

Shareholders Seek Reduction In Banks’ Mandatory Cash Reserve Ratio

Members of Independence shareholders Association of Nigeria (ISAN) have criticised hike in banks’ mandatory Cash Reserve Ratio (CRR). In a statement on Sunday, ISAN’s founder, Sir Sunny Nwosu, urged the Central Bank of Nigeria (CBN) to reduce t...

October 27, 2021 No Responses

Twitter Profits Slump To $809m

Twitter lost more than half a billion dollars in the three months to September after it paid $809.5m (£588m) to settle a long-running lawsuit. The social media giant was accused of misleading investors over user engagement in 2015. However despite...

October 5, 2021 No Responses

Airtel Africa To Buyout Nigerian Minority Shareholding

Airtel Africa has announced that its subsidiary, Airtel Networks Ltd., (Airtel Nigeria) has initiated a process to buy back 8.27 percent minority shareholdings at N55.81 per share. In a statement on Monday, the Group Company Secretary, Mr Simon O’Hara, ex...

July 29, 2021 No Responses

Shareholders Okay N2b For Presco’s 2020 Dividend

By Moses Ebosele, ebosele@hotmail.com — Shareholders of Presco Plc, on Wednesday, approved request by the Board of the company to pay 200 kobo per share dividend for the financial year ended December 31, 2020, amounting to N2billion...

July 23, 2021 No Responses

NETCO Declares N18.02b Revenue, Shareholders Get N400m Dividend

For the year ended December 31, 2020, the National Engineering and Technical Company (NETCO), a subsidiary of the Nigerian National Petroleum Corporation (NNPC) has reported N18.02 billion revenue and profit before tax of N3.37 billion. Also, withi...

June 25, 2021 No Responses

At TAJBank’s AGM, Shareholders Laud Performance

Shareholders of TAJBank Limited, Nigeria’s leading non-interest banking products and services provider, yesterday commended the board and management of the bank for its impressive performance in its first year of operations, promising continued commitment to...

June 23, 2021 No Responses

SAHCO Shareholders Okay N223.34m For 2020 Dividend

For the 2020 financial year, shareholders of Skyway Aviation Handling Company (SAHCO) Plc, on Tuesday in Lagos unanimously approved N223.34 million dividend, amounting to 16.5 kobo per share. Chairman of the company, Dr Taiwo Afolabi...