AGS NEWS – Some minority shareholders have called for an investigation into the management and directors of the now-defunct Heritage Bank. This follows the Central Bank of Nigeria (CBN) revoking the bank’s license due to financial instability and breaches of … Continue reading Shareholders demand probe into Heritage bank’s management and directors
AGS NEWS – Lafarge Africa’s Board of Directors has recommended a dividend payout of N1.90 per share for the fiscal year ending December 2023, totaling N30.60 billion. This dividend offering represents a decrease from the N32.22 billion dividend paid out … Continue reading Lafarge shareholders to get N30bn dividend
In a statement released on Thursday, Shell PLC’s Chief Executive Officer, Wael Sawan, disclosed that the company returned $23 billion to shareholders in 2023. Emphasizing their commitment to a progressive dividend policy, Sawan announced a four percent increase in dividends. … Continue reading Shell announces $23 billion dividend plan for shareholders in 2023
The resolutions passed at the 74th Annual General Meeting of PZ Cussons Nigeria Plc, which approved a reduction in the company’s share capital, have been canceled by shareholders at the 75th AGM held in Abuja. The decision to overturn the … Continue reading Shareholders halt PZ Cussons’ capital reduction plans
The minority shareholders of Glaxo SmithKline Consumer Nigeria Plc have given their approval for the acquisition of their shares at the rate of N17.42 per unit as the company finalizes the delisting process from the Nigerian Exchange Limited (NGX). The … Continue reading Shareholders greenlight GSK buyback at N17.42 amid delisting process
Conoil has announced its plans to pay N1.73 billion in dividends to its shareholders for the 2022 financial year, translating to N2.50 per share. Despite the challenging operational environment and developmental issues in Nigeria, the company reported significant financial growth … Continue reading Conoil announces N1.73 billion dividend payout to shareholders
A group of minority shareholders gathered at the headquarters of FBN Holdings on Monday to protest against an attempt to prevent the financial institution from holding its scheduled Annual General Meeting (AGM). Holding placards and voicing their concerns, the shareholders … Continue reading Shareholders stage protest at First Bank headquarters over AGM disruption
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