Tags: shareholders

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Dangote, NNPC Spat: Shareholders Condemn Demarketing of Dangote Refinery

Shareholders have strongly defended Africa’s foremost industrialist, Aliko Dangote over the on-going petroleum product supply controversies, while criticising the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, for deliberate attempt at demarketing Dangote Petroleum Refinery & Petrochemicals. The shareholders under the aegis of Pragmatic Shareholders Association of Nigeria (PSAN) in…

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Shareholders Approve GTBank’s Planned HoldCo Structure

The shareholders of GTBank Plc have approved the holding company structure for the bank, as they expressed excitement over the benefits they would derive from the new structure. At the Court ordered meeting held on Friday, the investors gave their approval to the company for the transfer of the 29,431,179,224 ordinary shares of 50 kobo…

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UBA Holds AGM As Shareholders Applaud Performance

On Friday April 8, during the bank’s Annual General Meeting, AGM, which was held at the Eko Atlantic Hotel, Lagos, the shareholders of UBA applauded the UBA for its strong financial performance in 2015 despite the difficult operating environment globally. They also approved the board’s recommendation to pay a final dividend of 40 kobo per…

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Shareholders Hail Zenith Bank Management, Okay N57bn Dividend

The shareholders of Zenith Bank Plc have commended the Board of Directors for an impressive financial year ended December 31, 2015, as they approved a total dividend of N56.5 billion for the period. The Shareholders Group said despite the challenges in the environment and the harsh economy witnessed in the country, the bank posted an…

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