Tag: Shareholders

Dangote Cement Pays N51bn Dividend

By InvestAdvocate The Chairman of   Dangote Cement Plc, Alhaji Aliko Dangote has assured shareholders of the company of higher performance and returns, given the huge investments it is making on its expansion within and outside Nigeria. The leading manufacturing giant recorded  a profit after tax of N149.632 billion, up from […]

Shareholders endorse Skye Bank’s plan to raise N50bn

Shareholders of Skye Bank Plc have endorsed the plan by the bank to raise additional capital of up to N50bn. A statement by the bank explained that the shareholders gave the approval on Wednesday during the bank’s seventh Annual General Meeting in Lagos. They also approved the bank’s plan to […]

Fidelity Bank Shareholders Approve N6bn Dividends

Shareholders of Fidelity Bank Plc  Tuesday approved a total of N6.08 billion dividend pay-out declared by the bank in its 2012 audited financial reports. That translates to 21 kobo per share for shareholders of the bank. Speaking at the bank’s 25th Annual General Meeting in Abuja, the Managing Director/Chief Executive […]