Eland Shareholders Approve £382m Takeover by Seplat

Eland Shareholders Approve £382m Takeover by Seplat

Shareholders of Eland Oil & Gas Plc have given overwhelming backing to the £382 million takeover of the company by indigenous oil & gas producer, Seplat Petroleum Development Company Plc. At two meetings of shareholders recently, resolutions in favour of...
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Shareholders To FG: Address Infrastructure Deficit Through Capital Market

Shareholders To FG: Address Infrastructure Deficit Through Capital Market

The Independent Shareholders Association of Nigeria (ISAN) has stressed the need to address the country’s infrastructure challenges through the Nigerian capital market. Mr Adeniyi Adebisi, ISAN’s National Coordinator, stated this on Saturday in Lagos, whil...
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SEC To Defunct Afribank Shareholders: Claim Your Dividends

SEC To Defunct Afribank Shareholders: Claim Your Dividends

The Securities and Exchange Commission (SEC) has asked shareholders of the defunct Afribank Plc to claim their dividends. SEC said this is part of its investor protection programme and as well as ensure that shareholders get the benefits of investing...
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Presco Reward Shareholders With N2b Dividend For 2018

Presco Reward Shareholders With N2b Dividend For 2018

By Moses Ebosele, ebosele@hotmail.com —  For the year ended December 31, 2018, Shareholders of Presco Plc on Wednesday approved proposal by the Board of Directors to pay N2billion dividend, amounting to 200kobo per share.   The company within t...
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Total Nigeria Shareholders Get N4.75b Dividend For 2018

Total Nigeria Shareholders Get N4.75b Dividend For 2018

For the financial year ended December 31, 2018, Total Nigeria Plc shareholders on Thursday approved the payment of N4.75 billion final dividend, amounting to  N14 per share.  The shareholders gave the approval at the company’s 41st Annual General M...
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At AGM, Shareholders Laud  Board, Management Of GTBank

At AGM, Shareholders Laud Board, Management Of GTBank

Shareholders of Guaranty Trust Bank Plc (GTBank) on Thursday in Lagos commended the board and management of the bank for sustaining growth and profitability despite challenges.  Speaking at the 2018 Annual General Meeting (AGM), the shareholders also appr...
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Nissan Shareholders Remove Ghosn From Board

Nissan Shareholders Remove Ghosn From Board

Nissan shareholders have voted to oust the company’s former boss Carlos Ghosn from its board. The decision to sever ties with Mr Ghosn was made at a an extraordinary shareholders meeting held on Monday. Mr Ghosn was re-arrested in Tokyo...
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14 Years After, Wema Bank Shareholders To Get Dividend

14 Years After, Wema Bank Shareholders To Get Dividend

The Board and Management of Wema Bank Plc has concluded plans to reward ts shareholders with dividend, 14 years after the exercise was suspended due to various challenges.  For the year ended December 31, 2018, the Bank’s  gross earnings increased....
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Transcorp Hotels Shareholders Get 15k Dividend

Transcorp Hotels Shareholders Get 15k Dividend

Shareholders of Transcorp Hotels Plc, have commended the Company for its impressive financial results for the year ended December 31, 2018.  The congratulatory remarks were made at the Company’s 5th Annual General Meeting, which took place at ...
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Shareholders Approve Access Bank, Diamond Bank Merger

Shareholders Approve Access Bank, Diamond Bank Merger

With a unanimous vote, Shareholders of Access Bank Plc and Diamond Bank Plc on Tuesday approved the merger of both financial institutions. The shareholders approval was secured during an Extraordinary General Meetings (EGMs) of both banks held in Lagos State.....
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Dangote Delivers 23.54MT Of Cement In 2018, Shareholders To Get N16 Per Share

Dangote Delivers 23.54MT Of Cement In 2018, Shareholders To Get N16 Per Share

For the financial year ended December 31, 2018, Dangote Cement Industries Plc sold a total 23.54 metric tonnes (MT) of cement across Africa. The company explained in its  financial performance released on the floor of Nigerian Stock Exchange (NSE)on Wedne...
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Oando shareholders insist on forensic audit

Oando shareholders insist on forensic audit

Shareholders under the aegis of the Oando Shareholders Solidarity Group (OSSG) have faulted recent claims by the management of the company that it dragged the Securities and Exchange Commission (SEC) to court to protect shareholders’ interest.    In a stat...
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Shareholders to Tinubu: You must resign to save Oando from further trouble

Shareholders to Tinubu: You must resign to save Oando from further trouble

The crisis rocking Oando Plc assumed another dimension on Wednesday as a group of shareholders called on the embattled company’s management team led by its Group Chief Executive, Wale Tinubu to resign.  President of the Trusted Shareholders’ Association...
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Guinness Nigeria shareholders approve N40b Rights Issue

Guinness Nigeria shareholders approve N40b Rights Issue

Guinness Nigeria Plc, on Tuesday in Lagos, secured shareholders approval for its   proposed N40 billion Rights Issue. Speaking at the Extra-Ordinary General Meeting (EGM), Babatunde Savage, Chairman, Guinness Nigeria Plc, said: “Guinness Nigeria has been i...
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