…Total dividend yields hit 13.6% Shareholders at the 31st Annual General Meeting (AGM) of Presco Plc, approved a final dividend of N24.30 per ordinary share of 50 Kobo, totaling N24.3 billion, as recommended by the Board of Directors for the…
The Nigerian Exchange Limited has notified the investing public that it has lifted the suspension placed on trading in the shares of Presco Plc for default in filing its financials as when due. According to the report, NGX stated: “We…
By Philemon Adedeji The domestic equities market yesterday started the week’s trading with mixed sentiments as a loss in Presco, Multiverse and Exploration Company, Ikeja Hotel and 14 others drove the market lower. Also, Nigeria’s headline inflation maintained its uptrend…
The Nigerian Exchange Limited (NGX) has fined four quoted firms N10 million for failure to file their financial statements after the regulatory due date. Investigation showed that the companies were sanctioned during the current financial year 2022 for their inability…
At the end of the yesterday’s trading session, Presco Plc’s share price depreciated by 10.00 per cent to close at N180 per share, taking the market capitalization from N200 billion to N180 billion. Presco Plc recorded loss in share price,…
One of Nigeria’s most profitable agro-allied companies Presco Plc has announced it is seeking shareholders’ approval to acquire 100 per cent of its subsidiary, Siat Nigeria Ltd (SNL). In 2011, SNL which was owned 100 per cent by Siat SA…
