Dangote Cement Plc has issued an urgent call to its shareholders, revealing that unclaimed dividends have ballooned to a staggering N5.2 billion, as the company reports a significant accumulation of outstanding payments. In its audited financial statement for the year, the company said the unclaimed dividend has increased by about …
Read More »Wema Bank Sets Sights on Tier-1 Status After Recapitalization Push
…Celebrates 79th Birthday with Profit Surge and Recapitalization Plans Wema Bank, Nigeria’s historic lender, has its sights set on regaining tier-1 status after announcing a significant push for recapitalization. The bank’s ambition was outlined by Managing Director/Chief Executive Officer, Moruf Oseni, during the bank’s virtual Annual General Meeting (AGM) held …
Read More »Fidelity Bank Customer Deposits Soar Past N4 Trillion, Shareholders Get 70% Dividend Hike
…As Bank Reports Stellar 2023 Performance After Profit Surge Fidelity Bank Plc demonstrated strong customer confidence with a surge in deposits, propelling them past the N4 trillion mark in 2023. This impressive 55.6% growth is a testament to the bank’s commitment to providing exceptional service and building trust with its …
Read More »Access Holdings Soars: 300% Profit Growth, Dividend Hike, and Strategic Expansion
Access Holdings is firing on all cylinders, boasting a remarkable year of financial growth, increased shareholder rewards, and a strategic focus on global expansion. Stellar Financial Performance Shareholders attending the company’s annual general meeting were greeted with impressive financial results. Pre-tax profit soared a staggering 335% to N729 billion compared …
Read More »UBA Reschedules Board Meeting to Discuss 2022 Financial Results, Dividend
United Bank for Africa Plc has rescheduled the meeting of its Board of Directors to consider the Group Audited Accounts and Financial Statements for the year ended December 31, 2022, as well as proposals for the Final Dividend amongst others. The meeting of the board of directors of UBA Group …
Read More »GTBank’s Shareholders Endorse N3 Dividend for 2020
Shareholders of Guaranty Trust Bank Plc have endorsed the payment of a total dividend of N3 per share to shareholders for the financial year ended December 31, 2020. The bank said this in a statement titled ‘GTBank shareholders endorse N3 total dividend for 2020, applaud Agbaje’s leadership’ on Sunday. It …
Read More »UBA Benefits from Tech Investment, Pays N27.359 Billion in Dividends to Shareholders
At its first virtually held Annual General Meeting, United Bank for Africa Plc (UBA) has expressed satisfaction over its investments in the area of technology. According to the Group Managing Director/CEO of United Bank for Africa Plc, Mr. Kennedy Uzoka, yesterday said all the investments made by bank over the …
Read More »FBN Holdings Proposes N0.38 Dividend, Announces N83.6bn Profit After Tax
In its report to the Nigerian Stock Exchange (NSE), FBN Holdings Plc has announced its audited results for the financial year ended 31 December 2019 with profit before tax of N83.6 billion, up 30.9 per cent from N63.9billion reported in 2018. The group in its results on Monday said profit …
Read More »