30 results
- 26 Jul 2015
eTranzact Elated by First Dividend Payment to Shareholders
The smiles before the avalanche of shareholders by the board of directors of eTranzact International PLC, knew no bound as the shareholders the Company paid dividend to its shareholders since listing…
- 21 May 2020
Sterling Bank Grows Shareholders’ Fund by 22.3%
Shareholders of Sterling Bank Plc have commended its financial performance and dividend payout for the financial year ended December 31, 2019 as the bank’s shareholders’ fund grew by 22.3 percent to…
- 5 Oct 2010
Banks’ Divestment from Insurance Firms: Analyst Wants Shareholders to be Given Preference
Foremost stock analyst and shareholder in many insurance companies, Mr. Nonah Awoh has called on banks and insurance companies to carry shareholders along and allow them to take the driver seat in…
- 5 Mar 2019
Access Bank, Diamond Bank Shareholders Approve Merger
Shareholders of Access Bank Plc and Diamond Bank Plc on Tuesday unanimously approved the merger of both financial institutions aimed at creating a formidable force. The shareholders gave the approval…
- 4 Dec 2012
Starcomms Seeks Shareholders Nod for Capcom’s Lifeline
Starcomms Plc is seeking its shareholders’ approval to allow the injection of the much needed capital; technology; and expertise from Capcom Limited to rejig the troubled operator. The shareholders…
- 23 Mar 2017
Zenith Bank Shareholders Approve N100Bn Fresh Capital
The shareholders of Zenith International Bank Plc yesterday authorized the board and management and board to raise additional capital of N100bn. The shareholders gave their mandate for the fresh…
- 20 Jul 2023
NOVA Merchant Bank Receives Shareholders Nod for Full Commercial Banking License
NOVA Merchant Bank has received approval from its shareholders to transition into a commercial banking license. The shareholders gave their unanimous approval during the company’s 6th Annual General…
- 27 May 2012
Shareholders Laud Omatek
Shareholders of Omatek Ventures have commended management of the company for its zeal which kept the company going despite the challenges it faced in the last three years. The shareholders made the…
- 16 Jul 2021
NOVA Merchant Bank Shareholders Approve N800m Dividend
Nova Merchant Bank shareholders have approved N800 million dividend payout for the full financial year ended December 31, 2020. The shareholders gave the approval during the bank’s fourth Annual…
- 15 Jan 2024
Coronation Insurance to Delists from NGX, Pay Off Minority Shareholders
Coronation Insurance Plc is set to delist from the Nigerian Exchange Limited (NGX) even as its board of directors has agreed to pay off the company’s minority shareholders. At a Court-Ordered Meeting…
- 26 May 2024
UBA Shareholders Commend 2023 Superlative Performance, Dividend Payout
Shareholders of United Bank for Africa (UBA) Plc, Africa’s Global Bank, have praised the board, management and staff of the Bank on the impressive performance recorded over the past years and…
- 11 Apr 2017
UBA Delights Shareholders; Distributes N27.2bn in Dividends
Shareholders of the pan-African financial institution, the United Bank for Africa (UBA) Plc applauded the Board, Management and Staff at the 55th Annual General Meeting of the Bank, held in Lagos.…
- 8 May 2022
Lekoil Expresses Commitment to the Interest of its Shareholders
Lekoil Limited (“LEKOIL”) has requested its shareholders to disregard the recent statement issued by Lekoil Nigeria and contact it if they have any queries about its operations. In a statement titled…
- 28 May 2024
FCMB Shareholders Approve ₦150 billion capital Raise to Drive Future Growth Plans
FCMB Group Plc's shareholders, at the company's 11th Annual General Meeting (AGM), approved an increase in issued share capital from ₦9,901,355,390.50 to ₦19,802,710,781.00 and authorised a ₦150…
- 2 Jan 2022
Wema Bank gets Shareholders’ Nod to Raise N40bn
Wema bank Plc has received the approval of its shareholders at a court-ordered meeting to restructure its capital ahead of a rights issue in early 2022. The bank disclosed this in a statement on…
- 21 Feb 2021
Shareholders Drag FG to Court over Plan to Borrow N158Bn Unclaimed Dividend
Shareholders have sued the government at Federal High Court of Nigeria, Abeokuta Division, seeking to restrain the government from going ahead with the plan to borrow the over N158 billion…
- 22 Sept 2022
Shareholders Unanimously Approve Holding Company Structure for Sterling
Shareholders of Sterling Bank Plc unanimously voted in favor of the creation of a new non-operating holding company (HoldCo) to hold the shares in its commercial banking operation as well as the…
- 2 May 2021
Access Bank Assures Shareholders of Higher Dividend Payment
Access Bank Plc has assured shareholders of sustained dividend payout and improved performance in the years ahead. Mr Herbert Wigwe, Chief Executive Officer of the bank, gave the assurance while…
- 11 Apr 2016
UBA Holds AGM as Shareholders Applaud Performance
On Friday April 8, during the bank’s Annual General Meeting (AGM) which was held at the Eko Atlantic Hotel, Lagos, the shareholders of UBA applauded the UBA for its strong financial performance in…
- 5 May 2021
Shareholders Applaud Union Bank for Sustained Profitability Inspite of COVID-19 Pandemic
Shareholders of Union Bank of Nigeria Plc have approved the group’s 2020 annual accounts and commended the board and management for sustained profitability in spite of the COVID-19 pandemic. The…
- 17 Apr 2024
Canal+ Offer for MultiChoice Gains Shareholders’ Support
Some MultiChoice shareholders have expressed relief at the offer by Canal+ to buy Africa’s pay TV giant for $2.9 billion, essentially viewing the potential deal as a vehicle for them to be rescued…
- 29 Jun 2025
Shareholders Oppose Transfer of Unclaimed Dividend to CBN
Shareholders have condemned the recent decision by the National Assembly to pass legislation requiring the transfer of all unclaimed dividends from company registrars to accounts managed by the…
- 24 May 2023
Shareholders Applaud Fidelity Bank for Exceptional Performance in 2022 FY
Shareholders of leading financial institution, Fidelity Bank Plc, have commended the board and management of the bank for delivering an exceptional performance in FY 2022. This was made known at the…
- 1 Feb 2022
6.6m Nigerians Become MTN Shareholders as Telco Rakes in N111.75Bn from Offer
MTN Nigeria Communication Plc has said it now has 6.6 million Nigerians as direct or indirect shareholders as it made N111.75bn from its share offer to Nigerians. The telecommunications company said…
- 13 Mar 2020
NDIC to Pay Shareholders of Defunct Continental Merchant Bank March 23
Nigeria Deposit Insurance Corporation (NDIC) has announced that it would start paying shareholders of the defunct Continental Merchant Bank Plc from Monday, March 23, 2020. A notice from the agency…
- 9 Jun 2023
African Tower Operator IHS Faces Governance Crisis as Shareholder Standoff Intensifies
African tower operator IHS Holding Ltd. found itself embroiled in a tense shareholder standoff during its annual meeting as two of its largest stakeholders, Wendel SE and MTN Group Ltd., who own…
- 23 Jul 2019
NDIC Pays N593.8m to Shareholders of Banks In-liquidation
Nigeria Deposit Insurance Corporation (NDIC) on Tuesday revealed that it paid the sum of N593.78 million to shareholders of some banks in-liquidation in 2018. NDIC said this amount was paid to…
- 2 Nov 2020
Shareholders of Airtel to Get $56m Interim Dividend
Airtel Nigeria Plc has announced the payment of a total $56,372,272.56 as an interim dividend to shareholders. This information is contained in a notification which was signed by Simon O’Hara,…
- 4 Aug 2019
Chams Assures Shareholders of Strong, Sustainable Results
Shareholders of Chams Plc, an information and communications technology (ICT) company, have been assured of enhanced returns through the delivery of strong and sustainable performance. This…
- 1 Jan 2013
Starcomms Shareholders Okay Capcom’s Take Over
Shareholders of Starcomms Plc at the weekend endorsed the re-organisation of its Share Capital structure as part of the requirements for its acquisition by Capcom, a special purpose vehicle created…