Shareholders – InfoStride News

United Capital posts N28bn profit, lifts shareholder returns

Temitope Nlewemchi — Sat, 09 May 2026 14:45:03 +0000

United Capital Plc has reported a strong financial performance, posting a profit of ₦28 billion alongside improved returns to shareholders, underscoring resilient earnings growth and continued expansion across its investment banking and asset management businesses. The company’s latest results reflect steady revenue generation from its diversified financial services portfolio, which includes investment banking, asset management, [...]

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NGX Group Declares Interim Dividend to Reward Shareholders Amid Strong Performance

Temitope Nlewemchi — Wed, 05 Nov 2025 16:28:41 +0000

The Nigerian Exchange Group (NGX Group) has declared an interim dividend for the 2025 financial year, reaffirming its commitment to delivering sustained value to shareholders despite global and domestic market challenges. The move reflects the Group’s solid financial performance in the first half of the year, driven by increased trading activity, capital market expansion, and [...]

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Dangote Cement Shareholders Smile as N3.3 Trillion Dividends Flow in 15 Years

Temitope Nlewemchi — Thu, 11 Sep 2025 17:22:57 +0000

Shareholders of Dangote Cement Plc have reaped massive rewards over the last 15 years, as Africa’s largest cement producer confirmed it has paid out a staggering N3.3 trillion in dividends since listing on the Nigerian Exchange in 2010. The milestone underscores the company’s consistent profitability, dominant market position, and ability to create value for both [...]

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GTCO signals plans to balance international expansion with steady returns for retail investors, says Agbaje

Temitope Nlewemchi — Tue, 15 Jul 2025 09:04:58 +0000

Guaranty Trust Holding Company Plc (GTCO) is preparing to strike a delicate balance between driving global expansion and maintaining consistent dividend returns for its retail shareholders, according to the bank’s Group Managing Director, Segun Agbaje. Speaking during the company’s annual financial results presentation, Agbaje highlighted GTCO’s ambitious strategy to grow its international footprint while ensuring [...]

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Zenith Bank seeks shareholders’ approval for capital raising

Temitope Nlewemchi — Sun, 14 Apr 2024 22:21:51 +0000

The Board of Zenith Bank Plc will request shareholder approval during its forthcoming Annual General Meeting to establish a capital raising programne. This strategic decision reflects the ongoing efforts of banks to strengthen their capital reserves in light of evolving regulatory standards. Notably, the recent introduction of minimum capital requirements by the Central Bank of [...]

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PZ Cussons Shareholders to Convene Amidst N73 Billion Loss – Strategic Reassessment in Focus

Temitope Nlewemchi — Wed, 21 Feb 2024 22:29:41 +0000

PZ Cussons, a leading consumer goods company, is set to hold a crucial shareholders meeting following a reported loss of N73 billion. The meeting aims to address the financial downturn, engage shareholders in strategic discussions, and outline a path forward as the company navigates challenges in the consumer goods sector. **Navigating Financial Challenges** The N73 [...]

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Investors Anxious as Soaring Exchange Rates Threaten Dividends

Temitope Nlewemchi — Fri, 27 Oct 2023 07:47:56 +0000

Shareholders of Nigerian companies holding foreign loans have voiced their deep concerns over the adverse impact of the escalating exchange rate on their anticipated dividends. The ongoing depreciation of the naira is resulting in elevated costs for businesses involved in importing essential raw materials and equipment, ultimately burdening consumers who are forced to bear the [...]

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Mixed reactions trail sale of Polaris Bank Limited

Temitope Nlewemchi — Fri, 21 Oct 2022 23:05:03 +0000

Following the announcement of the sale of Polaris Bank Limited earlier today, there have been mixed reactions from experts and stakeholders. As expected, some minority shareholders have frowned at the development, describing it as ‘an illegality’, for which they said they are prepared to seek redress in court. In case you missed the details, the Central [...]

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Seplat Energy shareholders lose N71 billion in 5 days of trading on negative sentiment

Temitope Nlewemchi — Thu, 01 Sep 2022 13:31:47 +0000

Investors of Seplat Energy Plc recorded a loss of about N70.56 billion from trading in the shares of the company in the last five days following sustained sell pressure witnessed on shares of some blue-chip firms quoted on the Nigerian Exchange (NGX). The sell-offs are on the back of cautious trading ahead of the 2023 [...]

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Dangote Cement shareholders lose N409 billion on sell pressure

Temitope Nlewemchi — Wed, 10 Aug 2022 23:04:04 +0000

Consequently, the Nigerian stock market closed negative amidst buy-interests and sell-offs as bears dominated proceedings for the sixth consecutive day. The All-share Index (ASI) depreciated by 2.25% to close at 49,350.71 index points as against 50,489.73 index points the previous day. In the same vein, the overall market Capitalization declined by N614 billion or 2.25% [...]

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Leadway Assurance maintains a y-o-y increase on claims expense; pays N48bn to policyholders in 2021

Temitope Nlewemchi — Mon, 25 Apr 2022 11:05:12 +0000

Following a five-year streak of outpacing the industry players in claims expense to its policyholders, Leadway Assurance Company Limited, Nigeria’s foremost insurer, maintained another year-on-year increase with N48bn claims – the highest annual claims expense as of December 31, 2021. Leadway Assurance’s claims expenses for 2021 recorded a 10% increase from N43.5billion in 2020 to [...]

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FMBN Shareholders Should Settle Their Equities – Ahmed Dangiwa

David Folami — Sat, 16 Dec 2017 12:50:21 +0000

The Senate Committee on Lands, Housing and Urban Development has urged shareholders to pay up their equities in order to actualise the planned recapitalisation of the Federal Mortgage Bank of Nigeria (FMBN). A statement issued in Abuja on Tuesday by FMBN Managing Director, Mr Ahmed Dangiwa said that the Chairman of the Committee, Sen. Barnabas [...]

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British government vetoes RBS bank plan for higher bonuses

Adewale A. — Fri, 25 Apr 2014 09:02:51 +0000

Shareholders of state-rescued Royal Bank of Scotland will not get to vote on allowing its bankers to earn an EU bonus cap of twice their salary, the government said Friday. UKFI, the body that manages the government's 81-percent stake in the lender,…

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Shareholders Petition Securities And Exchange Commission Over Alleged N5.2bn At MTI

David Folami — Tue, 28 Jan 2014 09:58:43 +0000

Share holders of Mass Telecommunication Innovation, MTI, Plc have petitioned the Securities and Exchange Commission, SEC, over the involvement of some of its former directors in the fraudulent appropriation, distribution and utilisation of the company’s funds raised from the capital market. . According to the written petition from the shareholders, “between March and April 2008, [...]

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