Shareholders

Negative Signal: Board Director, Sola David-Borha, Sells Off All Shares In Stanbic IBTC

The Non-executive director at Stanbic IBTC, Sola David-Borha, sold off all her shares in the financial institution three months after she was re-elected by the shareholders of the company. David-Borha sold 615,812

Fakoyejo Olalekan

1 year ago

Access Holdings Plc Reports 71.39% Profit Surge In H1 2023

Business

Access Holdings’ Net Profit Drops N7.19bn, Shareholders Share N46.20bn Dividends

Access Holdings has revealed that its profit after tax plummeted in 2022, as the financial institution closed last year with N152.90 billion. The net profit dropped by N7.19 billion between January to

Fakoyejo Olalekan

2 years ago

Business

MTN Nigeria’s Momo Plans To Merge With Digital Financial Limited

The payment firm of MTN Nigeria, Momo Payment Service Bank Limited, will be merged with Yello Digital Financial Services Limited (YDFS). In a corporate document on Friday, MTN Nigeria said the board

Fakoyejo Olalekan

2 years ago

Financial Obligations Force MTN Nigeria To Borrow N125bn From Commercial Paper Investors

Business

MTN Nigeria Proposes New Dividend Plan To Save Firm’s Retained Earnings

MTN Nigeria’s board of directors have proposed a scrip dividend plan that will see the company’s shareholders convert their dividends into shares instead of cash. The telecommunications company wants shareholders to limit

Fakoyejo Olalekan

2 years ago

Business

Ardova Suffers Investor Apathy, Oil Firm’s Shareholders Lose Investments

On Monday, 6 February 2023, Ardova announced that its majority investor, Ignite Investments & Commodities Limited, has offered to buy out its minority shareholders. Ignite Investments tabled N17.38 per share offer to

Fakoyejo Olalekan

2 years ago

Stanbic IBTC Fined N159 million For Earnings Misinformation, Hoarding Export Proceeds, Others

Business·Insights

Stanbic IBTC To Pay N19.43 billion Of Its Net Profit To Investors In Dividend Season

Stanbic IBTC management have proposed an interim dividend payout of N1.50kobo per share to shareholders of the financial institution for the period ended June 2022, after recording 36.04% growth in net profit

Fakoyejo Olalekan

2 years ago

BUA Group Chairman's Net Worth Soars To $7bn In 3 Months With Cement Boom

BUA Cement Pays N88.047 Billion Dividend To Shareholders

Shareholders of, BUA Cement Plc have approved dividends of N88.047 billion for its financial year ended December 31, 2021 at N2:60k per ordinary share of 50k each

PBA Reporter

2 years ago

Business·Tech News

Apple’s $2 trillion Market Cap Under Threat, Loses $800 billion In Six Months

Apple is on the verge of losing its $2 trillion market capitalisation, as shareholders dump the technology firm’s stock amid fear of projected U.S economy entering recession in the second half of

Fakoyejo Olalekan

2 years ago

Business

First Bank Investors Lost N12.56 billion, As Femi Otedola Take Out N5.76 billion

First Bank of Nigeria (FBN) largest shareholder, Femi Otedola, has sold part of his N30 billion worth of investment in the company, a trading document released by the financial institution on Tuesday

Fakoyejo Olalekan

2 years ago

Business·Latest News

Zenith Declares N280.4b Profit, Rewards Shareholders With N97.32 billion

Zenith Bank, in line with its consistent impressive financial performance and customer service delivery, has announced an improved balance sheet for 2021.

Izuchukwu Okosiand

Admin

3 years ago

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Negative Signal: Board Director, Sola David-Borha, Sells Off All Shares In Stanbic IBTC

Access Holdings’ Net Profit Drops N7.19bn, Shareholders Share N46.20bn Dividends

MTN Nigeria’s Momo Plans To Merge With Digital Financial Limited

MTN Nigeria Proposes New Dividend Plan To Save Firm’s Retained Earnings

Ardova Suffers Investor Apathy, Oil Firm’s Shareholders Lose Investments

Stanbic IBTC To Pay N19.43 billion Of Its Net Profit To Investors In Dividend Season

BUA Cement Pays N88.047 Billion Dividend To Shareholders

Apple’s $2 trillion Market Cap Under Threat, Loses $800 billion In Six Months

First Bank Investors Lost N12.56 billion, As Femi Otedola Take Out N5.76 billion

Zenith Declares N280.4b Profit, Rewards Shareholders With N97.32 billion

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