Tag: Shares

Okomu Oil Shareholders Okay N21 Final Dividend For 2022
May 25, 2023 No Responses

Okomu Oil Shareholders Okay N21 Final Dividend For 2022

By Moses Ebosele, ebosele@hotmail.com  Shareholders of Okomu Oil Palm Company Plc have approved final dividend of N12 per share for the year ended December 31, 2022.  This in addition to the N9 paid as interim dividend amounts to a total of...
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FG, States, LGs Share N714.629b For March
April 20, 2023 No Responses

FG, States, LGs Share N714.629b For March

The Federation Account Allocation Committee (FAAC) shared N714.629 billion to the three tiers of government in Abuja on Wednesday as federation allocation for the month of March. This is contained in a communiqué issued at the end of the FAAC...
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Dangote Cement Secures SEC Approval For New Share Buy-Back
March 9, 2023 No Responses

Dangote Cement Secures SEC Approval For New Share Buy-Back

Dangote Cement has received approval of the Securities and Exchange Commission (SEC) for the establishment of a new share buy-back programme.  The company said in a Corporate Disclosure to the Nigerian Exchange Ltd. (NGX) on Wednesday that the programme w...
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FG, States, LGCs share N736.782bn for October 
November 24, 2022 No Responses

FG, States, LGCs share N736.782bn for October 

The Federation Account Allocation Committee (FAAC) has shared N736.782 billion to the three tiers of government as Federation Allocation for the month of October.  This is contained in a statement issued by Mr Phil Abiamuwe-Mowete, Director (Information/P...
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FG To Distribute 12,000 Metric Tonnes Of Grains
September 28, 2022 No Responses

FG To Distribute 12,000 Metric Tonnes Of Grains

The Federal Government has concluded arrangements to distribute 12,000 metric tonnes of assorted grains to vulnerable Nigerians.  The Director-General, National Emergency Management Agency (NEMA), Mr Mustapha Habib announced this during a visit to Governo...
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FG, States, LGCs Share N673.137b For August
September 24, 2022 No Responses

FG, States, LGCs Share N673.137b For August

The Federation Account Allocation Committee (FAAC), has shared N673.137 billion with the three tiers of government as federation allocation for August.  This is contained in a statement issued by Mr Phil Abiamuwe-Mowete, the Director (Information/Press) o...
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Status Quo Remains In Share Sale By ExxonMobil To Seplat Energy, Says NUPRC
August 9, 2022 No Responses

Status Quo Remains In Share Sale By ExxonMobil To Seplat Energy, Says NUPRC

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) jas affirmed that the status quo remains with respect to ExxonMobil/Seplat Energy share acquisition.  Mr Gbenga Komolafe, Commission Chief Executive (CCE), NUPRC made this known in a statement on M...
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Seplat Awards N5b Shares To Three Directors
June 2, 2022 No Responses

Seplat Awards N5b Shares To Three Directors

Seplat Energy Plc has announced that share awards have been granted to three top directors under its 2014 Long Term Incentive Plan (LTIP).  The beneficiaries include Mr Roger Brown, Chief Executive Officer, who was awarded 1,733,345 shares; and Mr Emeka.....
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Sylva Lauds Seplat On Exxon Mobil Shares Acquisition
May 18, 2022 No Responses

Sylva Lauds Seplat On Exxon Mobil Shares Acquisition

Minister of State, Petroleum Resources, Chief Timipre Sylva has commended Seplat Energy Plc on its recent acquisition of the entire share capital of Mobil Producing Nigeria Unlimited (MPNU) from ExxonMobil Corporation, Delaware, United States of America.&...
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FG, States, LGCs, share N725.571bn for March
April 28, 2022 No Responses

FG, States, LGCs, share N725.571bn for March

The Federation Accounts Allocation Committee (FAAC), has shared the sum of N725.571 billion to the three tiers of government, as federation allocation for the month of March.  A statement issued by Mr Phil Abiawute-Mowete, Director, Information/Press, Fed...
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FG,  States, LGs Share N695b For February 
March 23, 2022 No Responses

FG,  States, LGs Share N695b For February 

The Federation Accounts Allocation Committee (FAAC), has shared a total sum of N695.033 billion to the three tiers of government as federation allocation for February.  Mr Olajide Oshundun, the Deputy Director,  Information, Federal Ministry of Finan...
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FG, States, LGCs Share N699.8b
January 22, 2022 No Responses

FG, States, LGCs Share N699.8b

The Federal Government, States and Local Government Councils (LGCs), on Friday, shared N699.824 billion as federation allocation for December, 2021.  A statement issued by Mr Oshundun Olajide, Acting Director, Information, Ministry of Finance, Budget and ...
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DMO’s Bond Auction Records N300b Over Subscription
January 21, 2022 No Responses

DMO’s Bond Auction Records N300b Over Subscription

The Debt Management Office (DMO) has revealed that the just concluded Federal Government of Nigeria (FGN) bond auction for January was oversubscribed.  In a statement on Thursday, DMO explained that the auction received a total of 160 bids, adding that...
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Opinion: Nigerian Shares Steady But Dollar Sinks As Investors Digest Inflation Data
January 14, 2022 No Responses

Opinion: Nigerian Shares Steady But Dollar Sinks As Investors Digest Inflation Data

By Lukman Otunuga, Senior Research Analyst at FXTM — Nigerian shares hovered around 2021 highs on Thursday, gaining over 4.4% year-to-datedespite the December U.S. inflation report reinforcing Fed rate hike expectations. The U.S. consumer price index (CP...
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