25 C
Lagos, South Africa and New York
Wednesday, July 15, 2020

Cadbury Nigeria to give Shareholders 49kobo Dividend Per Share

Shareholders of the Cadbury Nigeria Plc will receive a dividend of 49 kobo per share on June 25, 2020 after approval at the annual general meeting(AGM). The dividend is for the 2019 financial year ended December 31. In a notification to the Nigerian Stock Exchange...

Fidelity Bank debuts ‘SME Forum Online’

Fidelity Bank has always been at the forefront of SME empowerment and that’s why in this time of uncertainty caused by the COVID-19 pandemic and with businesses being unsure of what to do next, we have kept our promise of empowering SMEs by debuting...

FirstBank Cardholders Records N1.18trn in Transactions Value during Lockdown

Since its establishment in 1894, FirstBank has consistently built relationships with her customers, focusing on the fundamentals of good corporate governance, strong liquidity, optimised risk management and effective leadership. These, amongst others, are the reasons the Bank has dominated the financial market for over...

Nestle Nigeria Plc Unaudited Q1 2020, Financial Result Update

Makers of essential consumer products, Nestle Nigeria Plc, has released its unaudited financial statement for the first quarter (Q1), 2020. In a notification seen by Naija247news which was made available to the Nigerian Stock Exchange (NSE), Nestle recorded an approximately 8.7% drop in profit...

Dangote Sugar Refinery set date to decide on Q1’2020 unaudited FY results

Dangote Sugar Refinery Plc has announced that its Board of Directors will hold a meeting on Friday, May 22, 2020, to take decisions on the company’s audited financial statements for the period that ended December 31, 2019, and unaudited financial statements for Q1, 2020...

GTBank opens for business, restarts 40 more branches, educates customers on strict social distancing rules

Dear Customer, We are pleased to inform you that we will be re-opening more than 40 more branches across the country from Wednesday, May 6, 2020. Our banking hours have also been extended to 9am – 3pm daily, so that we can attend to as...

Shareholders Commend Access Bank on Performance, Dividend Payout

Shareholders of Access Bank yesterday commended the board of directors, management and staff for recording an impressive results and paying increased dividend for the year ended December 31, 2019. The shareholders gave the commendation at the 31st Annual General Meeting (AGM) of Access Bank Plc...

COVID-19: Shell cuts dividend for first time since WWII

Royal Dutch Shell on Thursday cut its dividend for the first time since the 1940s after a first-quarter loss – and warned virus-ravaged oil prices will take time to fully recover. The Anglo-Dutch group sank into a $24-million ($29.5-million) net loss in the three months...

FCMB approves cash dividend of 14 kobo per ordinary share worth N2.77 billion to shareholders

Shareholders of FCMB have applauded the financial institution for its "resilience, dynamism and impressive performance" recorded last year despite the challenging operating environment. The shareholders, who gave the commendation at the 7th Annual General Meeting (AGM) of the Group on Tuesday in Lagos, also unanimously...

Union Bank records 19% growth for Q1’20

Union Bank of Nigeria Plc has posted 19 per cent growth in its profit before tax for the first quarter ended March 31 2020. According to the unaudited financial statements for the quarter released to the Nigerian Stock Exchange, the bank’s profit before tax rose...
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