By InvestAdvocate Lagos (INVESTADVOCATE)-Beer producer, Nigerian Breweries Plc on Thursday announced its pretax profit for the period ended December 31, 2015 dipped 11.3 percent to N54.514 billion from N61.508 billion posted a year earlier. Similarly, profit after tax (PAT) declined 10.5 percent to N38.058 billion from N42.520 billion recorded the […]
Tag: Shareholders
LafargeHolcim Says Wolfgang Reitzle to Exit, Nominates Beat Hess New Board Chairman
By InvestAdvocate Lagos (INVESTADVOCATE)- World’s building materials and cement producers, LafargeHolcim on Monday announced that Wolfgang Reitzle will exit as chairman of the board and has nominated Beat Hess new chairman. “He has informed the board that he will not stand for re-election at the company’s May 2016 Annual General […]
SEC receives 1,500 petitions on bank charges, others
In the last one month, the Securities and Exchange Commission has received over 1,500 complaints from shareholders of quoted companies, investigations have revealed. Our correspondent gathered on Sunday that the complaints bothered on bank charges, non-payment of dividends by some quoted companies even after declaring profits, and delays in getting […]
