The Nigerian Stock Exchange (NSE) has underscored the importance of registration for the electronic dividend payment (e-dividend) system as a key measure to address the recurring issue of unclaimed dividend. The NSE recently organised an investor clinic to educate capital market stakeholders on the role of dematerialisation, direct cash settlement and e-dividend in the development […]
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United Bank for Africa (UBA) Plc, the pan-African financial services group, operating in 19 African countries, has released its audited 2016 full year results, showing significant growth in gross earnings and profits, an attestation to its resilience, enhanced productivity and geographic diversification, evident in the impressive contribution from its African subsidiaries. The Group recorded an […]
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The shareholders of Fidelity Bank Plc have approved the N4.6bn dividend payout proposed by the bank. The bank, therefore, is paying 16 kobo per ordinary share dividend to shareholders whose names appeared on the bank’s register of members as at the close of business on April 18 to 22, 2016. The Board of Directors of […]
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United Bank for Africa (UBA) Plc recorded considerable growths in the top-line and bottom-line in 2015, bucking a downtrend that had seen many banks warning of declining earnings. Key extracts of the audited report and accounts of UBA for the year ended December 31, 2015 released yesterday at the Nigerian Stock Exchange (NSE) showed that […]
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