Tag Archives: Shareholders

Shareholders of Conoil Plc have approved the payment of N1.39 billion dividend proposed by the board of the major oil marketing company, coming on the back of an impressive performance recorded in the 2019 financial year.

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Africa’s largest cement manufacturer, Dangote Cement has grown the wealth of its shareholders, paying over N 1 trillion as dividends in the past seven years.

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The management of Nestle Plc on Tuesday May 22, 2018 received encomium from shareholders for the N27.50 kobo that was proposed as final dividend for the full year ended December 31, 2017. The approved dividend is aside N15 interim dividend that was paid last, which now makes it a total dividend of N42.50 kobo for 2017 financial year. The shareholders …

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Shareholders of Access Bank Plc on Wednesday applauded the bank’s 65 kobo dividend paid on return on their investment, even as they commend the board on the N4 trillion mark achieved on the bank balance sheet. The shareholders noted that growth strategy instituted by the bank in 2013 to 2017 and the current five years strategic corporate growth plan in …

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The Financial Reporting Council of Nigeria (FRCN’s) decision on audit committee chairman’s qualification has been reversed, as shareholders under the aegis of Independent Shareholders Association of Nigeria (ISAN), last week Friday, won the case against the Council. The FRCN had in 2015, issued and published a statement that “any person contesting as Chairman of Audit Committee to annual report statement, …

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As the crisis rocking Oando Plc continued unabated, shareholders of the company yesterday  advised the current management under the leadership of Mr Wale Tinubu to step down in the interest of all stakeholders. A Federal High Court sitting in Lagos had last week dismissed a case filed by Oando PLC against the Securities and Exchange Commission (SEC) seeking to stop SEC from …

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