chairman of Dangote Sugar Refinery, DSR Plc, Alhaji Aliko Dangote, has said that the company will invest up to N106 billion in the next four years to bolster its operations. Dangote made the disclosure yesterday at the company’s 11th Annual General Meeting, AGM, in Lagos, saying that about N101 billion has been committed to date […]
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Nigerian Breweries, NB Plc, yesterday, said it will seek shareholders approval at its forth coming Annual General Meeting (AGM) to convert their cash dividend to ordinary shares. The Managing Director/CEO, NB Plc, Mr. Nicolaas A. Vervelde, who disclosed this to Vanguard at the sideline of the company’s Pre-AGM press briefing in Lagos stated: “We want […]
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The Nigerian Economic Summit Group, a private sector think-tank and policy advocacy group, has said clarity on the nation’s foreign exchange policy is necessary to lure back foreign portfolio investors into the country. The Chairman of the Board, NESG, Mr. Kyari Bukar, stated this at a press briefing after the group’s 21st Annual General Meeting […]
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Chairman of the United Bank for Africa Plc, Mr. Tony Elumelu, has strongly commended the Federal Government and the Central Bank of Nigeria (CBN) for their efforts in stimulating the Nigerian economy, and bringing to bear a coordinated policy response that will positively jumpstart the Nigerian economy. According to Mr Elumelu, recent actions by the […]
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Shareholders of the pan-African financial institution, the United Bank for Africa (UBA) Plc applauded the Board, Management and Staff at the 55th Annual General Meeting of the Bank, held in Lagos on Friday April, 7, 2017. UBA shareholders approved the payment of N19.9 billion as final dividend for the financial year ended 31st December 2016, […]
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The shareholders of Access Bank Plc unanimously approved the 40 kobo final dividend proposed by the Board of the bank for 2016, having paid a 25kobo interim dividend earlier. At its 28th Annual General Meeting Wenesday in Lagos, the Chairman, Mrs. Mosun Belo-Olusoga, said the bank has always maintained a balanced dividend payout ratio based […]
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