Shareholders Archives — Page 4 of 7

June 17, 2021 No Responses

Dangote Cement Issues N50b Bond

By citybusinessnews@yahoo.com — Dangote Cement Plc has announced the successful issuance of N50 billion series 1 fixed rate senior unsecured bonds, under its new N300 billion multi-instrument issuance programme. Chief Executive Officer, Dangote Cement, Mr Michel Puchercos, in a statement explained...

June 4, 2021 No Responses

Shareholders Protest Exclusion From EKO Hospital EGM

Some shareholders of EkoCorps Plc, owners of Eko Hospital, on Thursday staged a peaceful protest over disenfranchisement of stakeholders and founders from participating in its Extra-Ordinary General Meeting (EGM) The News Agency of Nigeria (NAN) reports that t...

May 29, 2021 No Responses

NASCON Shareholders Approve N1.06b Dividend For 2020

Shareholders of NASCON Allied Industries Plc have approved a total dividend of N1.06 billion declared by the Board of the company for the financial year ended December 31, 2020, amounting to 40kobo per share. Speaking at the meeting, the Natio...

May 27, 2021 No Responses

Dangote Cement Shareholders Okay N272.6b For 2020 Dividend

For the year ended December 31, 2020, shareholders of Dangote Cement Plc on Wednesday approved total dividend of N272.6 billion, amounting to N16 per share. Speaking at the 12th Annual General Meeting (AGM) held virtually in Lagos State, the founder,...

May 21, 2021 No Responses

Seplat’s Shareholders Get $344m Dividend In Eight Years

By citybusinessnews@yahoo.com — Seplat Petroleum Development Company Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange (NGX) and the London Stock Exchange (LSE), on Thursday held its 8th Annual General Meeting (AGM)...

May 7, 2021 No Responses

Shareholders Laud Sterling Bank’s 2020 Performance

Shareholders of Sterling Bank Plc have commended the board and management of the bank for the remarkable display of resilience, improved performance and returns on investment in 2020 financial year The shareholders gave the commendation at the bank’s 5...

May 1, 2021 No Responses

Fidelity Bank Lists Growth Agenda As Shareholders Okay N6.4b For 2020 Dividend

The Managing Director, Fidelity Bank Plc, Mrs Nneka Onyeali-Ikpe, on Friday said the bank’s emergence as a Tier 1 financial institution by 2025 is her top priority. Onyeali-Ikpe who disclosed this on the sidelines of the bank’s 33rd ...

April 28, 2021 No Responses

FBN Holdings Shareholders Okay N16.15b For 2020 Dividend

Shareholders of FBN Holdings Plc, on Tuesday, endorsed a total dividend of N16.15 billion declared for the financial year ended December 31, 2020. The shareholders approved the dividend at the company’s ninth Annual General Mee...

April 7, 2021 No Responses

Shareholders Task Firms To Cut Operational Cost

The Shareholders Association, Ibadan Zone, has urged companies in Nigeria to be decisive and cut operational costs to catalyze the business environment in the face of economic challenges. Mr Eric Akinduro, the Chairman of the Association, gave the advice...

April 2, 2021 No Responses

UBA Assures Shareholders Of impressive Performance, Explains N7.7tri Assets

United Bank for Africa (UBA) Plc on Thursday assured its shareholders and investors of enhanced returns on investments in the coming months. This, the bank said, followed its establishment of a diversified business model that would ensure impressive performanc...

March 23, 2021 No Responses

Afriland Shareholders Okay N68.69m Total Dividend For 2020

Afriland Properties Plc on Monday approved a total dividend of N68.69 million recommended by the company for the financial year ended Dec. 31, 2020. The dividend which translated to 5k per share was approved by the shareholders at the company’s...

March 17, 2021 No Responses

Zenith Bank Shareholders Okay N94.19b Total Dividend For 2020

Shareholders of Zenith Bank Plc, on Tuesday, approved proposed final dividend of N2.70 per share, bringing total dividend for the 2020 financial year to N3 per share, amounting to N94.19 billion. According to th...

January 7, 2021 No Responses

Peace Mass Transit Acquisition Of C & I Leasing To Enhance Shareholders Value

C & I Leasing Plc on Wednesday expressed optimism that the emergence of Peace Mass Transit as the company’s majority shareholder would bring enhanced value creation for all its stakeholders. Mr Andrew Otike-Odibi, the company’s Managing Director/Chief ...

December 23, 2020 No Responses

BUA Cement Opens Three Additional Production Lines

BUA Cement Plc on Tuesday notified the Nigerian Stock Exchange (NSE), shareholders and the investing public of its plans to build three additional production lines in Adamawa, Edo and Sokoto states. The company disclosed this in a notice titled, ‘Notificatio...