First City Monument Bank has divested itself of City Securities Registrars Limited, a statement from the bank said on Tuesday. According to the bank, the move was in line with the holding company structure. Following the divestment, the bank said City Securities Registrars Limited had been wholly acquired by CardinalStone […]
Tag: Investors
Consolidated Hallmark to pay N180m dividend
Consolidated Hallmark Insurance Plc has said it will pay out a total of N180m dividend to its shareholders for the 2012 financial period. The Chairman, CHI, Dr. Ralph Ekezie, said this during the firm’s 18th Annual General Meeting, which held in Lagos on Wednesday. “In line with our promise to […]
Protecting minority shareholders
Recently, there were calls by some stakeholders in the Nigerian Capital Market for regulatory authorities to do more to protect minority shareholders. Simon Ejembi writes on some of the issues raised When the Nigerian Bottling Company Plc got voluntarily delisted from the Nigerian Capital Market in 2011, many people were […]
