By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) said Friday it has delisted a total of 913,907,131 units of ordinary shares of 50 kobo each belonging to Wema Bank Plc The Exchange said the shares represented the unpaid portion allotted to SW8 Investment Limited in May 2009 now reversed in […]
Tag: 50 Kobo
Sterling Bank Plc Rights Issue Records 103% Subcription Rate
Press Release Lagos, January 20, 2014 – Sterling Bank Plc (NSE: STERLNBANK/ Reuters: STERLNB.LG) –the ‘Bank’ – a full service National Commercial Bank concludes its rights issue with 103.3% subscription. The rights issue of 5,888,949,162 ordinary shares of 50 kobo each offered at N2.12 per share opened on June 24, […]
Total Nigeria Declare N8.00 Dividend in 2012
By Our Correspondent Lagos (INVESTADVOCATE)-Total Nigeria Plc Thursday declared a N8.00 dividend compared to N7.00 paid in the 2011 end, INVESTMENT ONE Financial Services Research has said. The N8.00 dividend payout to investors of the Company is a 14.28 percent (14.28%) increase in the Audited Report for the Period Ended […]