Tag: Shareholders

Shareholders approve listing of FCMB Holdco

Shareholders of First City Monument Bank Plc have approved the delisting of the bank preparatory to the listing of FCMB Holdco on the Nigerian Stock Exchange. The shareholders during the bank’s Court Ordered Meeting in Lagos on Monday unanimously agreed that all holders of ordinary shares of the bank as […]

UBA migrates to commercial banking structure

United Bank for Africa Plc has secured the approval of the Securities and Exchange Commission to operate as a commercial bank. The bank, subsequently, will hold a court-ordered meeting to obtain the approval of shareholders for the restructuring. A statement by the bank on Friday said all non-commercial banking businesses […]

Guinness announces Q1 profit of N2.6bn

Guinness Nigeria Plc has declared a profit before tax of N2.6bn for the first quarter of the financial year 2013. This was contained in a statement issued by the company’s Corporate Communications Manager, Mrs. Olayinka Edmund, on Monday. According to the statement, the company’s financial year begins in July, with […]