Flour Mills of Nigeria (FMN) has successfully navigated a critical phase in its corporate history, as the company’s minority shareholders overwhelmingly approved the buyout offer put forward by the majority shareholders. At its 64th Annual General Meeting (AGM) held on…
Shareholders of NEM Insurance Plc have approved a total dividend of N3.01 billion declared by the insurer for the financial year ended Dec. 31, 2023. The approval was given at the company’s 54th Annual General Meeting (AGM) in Lagos on…
Shareholders of MRS Nigeria Limited have approved the voluntary delisting of the company’s shares from the Nigerian Exchange Limited (NGX). Following the delisting, the company whose market capitalisation currently stands at N46.3 billion withdrew its shares from the equities market.…
By Ifeoluwakitan Afolabi Shareholders of Total Nigeria Plc have praised the company for its consistent dividend payment despite the challenging operating environment. At the company’s Pre-Annual General Meeting (AGM) held in Lagos, stakeholders commended Total’s entrenched safety culture, innovation, and…
…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 shareholders of Ecobank Transnational Incorporated have given their approval for it to raise N600m in fresh capital raise within one year. This was revealed in the resolutions adopted at the 36th annual general meeting and extraordinary general meeting of…
…Investors delighted with bank’s impressive performance By Seun Ibiyemi Shareholders have expressed readiness to massively support and mobilise for the ongoing recapitalisation of Fidelity Bank Plc amid commendations for the impressive performance of the bank over the years. Shareholders were…
Shareholders of Capital Hotels PLC, owners of Abuja Continental Hotel Hotel (formerly Sheraton Hotel) have commended board and management for the fast pace of development since its new owners acquired it. At its 43rd Annual General Meeting held at the…
StanbicIBTC Nigeria has declared to pay its shareholders a final dividend of N2.20 per ordinary share of 50k each, totaling N28.51 billion for the period ended Dec. 31, 2023. Company Secretary, StanbicIBTC, Mr Chidi Okezie announced this in a disclosure…
Shareholders of Vitafoam Nigeria PLC, have commended the company’s board and management for sustaining positive rate of return despite the inclement operating environment, which affects profit margin of many blue chip manufacturing companies in Nigeria. The leading manufacturer of mattresses,…
