By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Food processing and packaging company, McNichols Consolidated Plc on Monday reported its profit after tax (PAT) for the period ended December 31, 2015 grew 48.84 percent to N60.33 million from N40.53 million recorded a year earlier. In the same vein, pretax profit of the […]
Tag: Shareholders
Zenith Bank Pays Higher Dividend of N1.80 per Share
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s top lender, Zenith Bank Plc on Wednesday approved the payment of N1.80 per share dividend to its shareholders at its 25th Annual General Meeting (AGM) held in Lagos. The board of directors of the Bank had earlier proposed a final dividend of N1.55 kobo per share […]
Nigeria’s UAC halts share sale, eyes retail for growth
Tue Apr 5, 2016/Reuters Nigerian conglomerate UAC group has suspended a planned rights issue due to a weak equity market and shareholders had rejected a proposal to issue preference shares via a private placement, Chief Executive Larry Ettah said on Tuesday. Ettah said the capital raising would happen at subsidiary […]
