Capital Market

SEC Directs Registrars to Return Unclaimed Dividends to Paying firms by June 30

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Securities and Exchange Commission (SEC) on Monday directed all Registrars of public companies to return all unclaimed dividends, which have been in their custody for fifteen (15) months and above, to the paying companies. SEC in a circular dated June 1, 2015 said Registrars […]

Correct Version: Seplat Holds AGM to Approve Final Dividend of 15 US Cents at N196.50/$1

By InvestAdvocate Lagos (INVESTADVOCATE)-First listed Nigerian oil and gas upstream firm, Seplat Petroleum Development Company Plc (SEPLAT) will this morning hold its second annual general meeting (AGM) in Lagos Nigeria to approve $0.15 per share dividend payout to investors of the company. The company will consider and if thought fit, […]

Vitafoam primed for sustained growth – Acting GMD

The acting Group Managing Director, Vitafoam Nigeria Plc, Mr. Taiwo Adeniyi, on Monday told stakeholders in the capital market, including investors in the company, that company was in a position to achieve sustained growth. Adeniyi said this in Lagos during a ‘Facts behind the figures’ presentation by the company at […]