Tag: Shareholders

PZ Announces One-Off Special Dividend of N1.30 kobo per Share

PZ Cussons Nigeria Plc has notified The Nigerian stock exchange that the company’s board of directors at its recent meeting resolved to recommend a special (one-off) dividend payment at the rate of N1.30 kobo per share. This payment will be made from the general reserve of the company. An extraordinary […]

$50 million Private Placement: Oando Holds EGM to Seek Shareholders Approval

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Oando Plc whose subsidiary Oando Energy Resources Inc (OER) is seeking to raise $50 million via private placement will today Tuesday hold an extraordinary general to get shareholders approval. Late January 2014 Oando announced that OER intends to do a $50 million private placement to […]

Dangote Flour: Tiger Brand’s 3.2 Billion Naira Takeover Bid Closes Feb’28

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Dangote Flour Mills Plc Monday announced that the takeover bid by Tiger Brands Limited worth 3.2 billion naira of the company will end February 28, 2014. Dangote Flour in a notice to the Nigerian stock exchange said the takeover bid by Tiger Brands of up […]