Nigeria’s Stock Market Opens Week With N55b Loss

Nigeria’s Stock Market Opens Week With N55b Loss

The nation’s bourse resumed transactions for the week on Monday with a loss of N55 billion following sell pressure in some blue chips. Specifically, the market capitalisation which opened at N12.679 trillion lost N55 billion to close at N12.624 trillion....
read more
Nigeria’s Unclaimed Dividends Hit N158.44b

Nigeria’s Unclaimed Dividends Hit N158.44b

The total unclaimed dividend figure in the Nigerian capital market stood at N158.44 billion as of December 2019, the News Agency of Nigeria (NAN) reports. Data obtained exclusively by NAN from the Securities and Exchange Commission (SEC) show that the...
read more
Conoil, Arbico,Vitafoam Top Losers’ Table As Market Capitalisation Drop By N1b

Conoil, Arbico,Vitafoam Top Losers’ Table As Market Capitalisation Drop By N1b

Sentiments in the nation’s bourse weakened on Thursday, with the All-Share Index dropping by 0.01 per cent. Specifically, the All-Share Index (ASI) decreased by 1.51 points to close at 24,276.56 in contrast with 24,278.07 achieved on Wednesday. Accordingly, ...
read more
Lafarge Africa, Julius Berger Top Gainers Table AS Market Capitalisation Sustain Growth With N94b

Lafarge Africa, Julius Berger Top Gainers Table AS Market Capitalisation Sustain Growth With N94b

Activities on the Nigerian Stock Exchange (NSE) on Wednesday extended gaining streak, with indices rising by 0.75 per cent on renewed investors’ interest. Specifically, the All-Share Index rose by 180.59 points or 0.75 per cent to close at 24,278.07 compared...
read more
Seplat Shareholders Get $59m Dividend For 2019

Seplat Shareholders Get $59m Dividend For 2019

For the financial year 2019, the Board of Seplat Petroleum Development Company Plc, a leading Nigerian independent oil and gas company listed on both the Nigerian Stock Exchange (NSE) and the London Stock Exchange (LSE) ,rewarded its shareholders with $59...
read more
Access Bank Shareholders Laud 2019 Performance, Dividend Payment

Access Bank Shareholders Laud 2019 Performance, Dividend Payment

Access Bank Plc shareholders on Thursday commended the board, management and staff for the impressive performance recorded in 2019 financial year in spite of challenging operating environment. The shareholders gave the commendation at the bank’s 31st Annual ...
read more
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...
read more
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...
read more
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...
read more
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...
read more
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...
read more
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...
read more
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...
read more
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....
read more