Corporate Press Releases

Dividends, Results, Press Releases from Nigerian corporates

Check Your Mail Box or Bank Accounts: Dividends Paid Between Janaury and May 2014

It's that time of the year when every investor awaits dividend payments from companies listed on the floor of the Nigerian stock exchange. Dividends...

Don’t Miss: These Stocks Are Getting Marked Down For Dividend This May

For dividend hunters out there who may be seeking some quick returns this May there is still an opportunity to do so. The stocks...

Official: Julius Berger Is Giving a 1 for 10 Bonus Issue

Julius Berger Nigeria Plc has notified The Nigerian Stock Exchange that in addition to the declaration of a dividend of N2.70 for the company’s...

Diamond Bank Extends Alex Otti’s Tenure & Appoints First Ever DMD

Diamond Bank Plc has announced the extension of the tenure of its Group Managing Director and Chief Executive Officer, Dr. Alex Otti, for another...

S-H-A-K-E-U-P: Loss Making Afromedia Appoints 4 New Directors

Nigerian Outdoor Media Giant, Afromedia Plc is finally taking a bold step in its quest to reverse its failing state of affairs. The company...

Skye Bank Plc MD “Retires” Appoints Timothy Oguntayo As New MD/CEO

Skye Bank Plc has notified The Nigerian Stock Exchange that its Board of Directors, at a meeting held on Monday, April 14, 2014, approved...

Computer Warehouse Group Declares 8kobo Dividend..See Details

Computer Warehouse Group which listed just last year has declared dividend of 8kobo per share. Their share price closed 5% lower at N5.56 giving...

2013 FY Results: Skye Bank Bounces Back As It Post 26% Increase In PAT...

Skye Bank PCL released its 2013 FY results showing Gross Earnings of N127billion a 0.3% drop from the year before. Other details are as...

Mansard Declares “Just” 4k Final Dividend

Mansard Plc announced a final dividend payment of 4kobo per share completing a total dividend of 8kobo per share for the year. See details Qualification...

Official: Zenith Bank Appoints New GMD/CEO. See Details

Zenith Bank Plc has notified The Nigerian Stock Exchange of the appointment of Mr. Peter Olisamedua Amangbo as the Group Managing Director/CEO designate of...

Dividends: UPDC Declares Dividends & Bonus Issue for 2013 Results. See details

UACN Property Development Company (UPDC) has proposed a dividend payment 70kobo per share. They also approve a bonus issue of 1 share for every...

Dividends: Diamond Bank Declare 30kobo Per Share Dividends

Diamond Bank Plc has proposed a dividend payment of 30kobo per share or N4.3billion to its share older. You have to own the shares...

2013 Dividends: Total Plc Declares N9 Dividends…See Details

Total Nigeria Plc has approved a N9 dividend payment. These are the details for dividend payments; Proposed 900kobo (N9) dividend per share Closure date 22nd to...

Official: UAC Plc Propose N1.75 Dividend…Register To Close….

UAC of Nigeria Plc. has proposed a dividend payment of N1.75. This decision was taken at a board meeting held 26/3/2014. Here are other...

Dangote Cement Declares N7 Dividend Up 133%

Leading cement manufacturer, Dangote Cement Plc has declared its 2013 financials, recording an upsurge in its Nigerian sales volume to 13.3million tonnes, resulting in...

Official: Julius Berger Propose N2.7 Final Dividend, Appoint New Auditors

The board of directors of Julius Berger met March 19, 2014 and approved their audited accounts for the year ended December 31, 2013. The...

Official: CAP Plc Declare Final Dividend of N1 in Addition to N1.25 Interim Dividend...

The Board of Chemical and Allied Products Plc concluded its board meeting on Thursday, March 20, 2014 and took the following decisions: 1 Date of...

ASL Declare Dividend of 12kobo Per Share For FY 2013

Airline Services & Logistics Plc has notified The Nigerian Stock Exchange of the resignation of Mr. Alfred Rigler as a director of the Company....

Official: Berger Paints Recommend 70kobo Dividends

The Board of Directors of Berger Paints Nigeria PIc, approved a dividend payment of 70kobo per share following their board meeting dated  20 March,...

S-H-A-K-E U-P: GEJ Appoints New Group Executive Directors for NNPC

President Goodluck Jonathan has appointed new Group Executive Directors (GEDs) for the Nigerian National Petroleum Corporation (NNPC) to fill critical vacancies, which currently exist...

Neimeth Approves 1 for 5 Bonus Promises Better Returns After Facility Upgrade

Neimeth International Pharmaceuticals Plc has promised its shareholders that its ongoing facility upgrade will lead to greater returns on their investment in 2014. The Chairman,...

Neimeth Approves 1 for 5 Bonus Promises Better Returns After Facility Upgrade

Neimeth International Pharmaceuticals Plc has promised its shareholders that its ongoing facility upgrade will lead to greater returns on their investment in 2014. The Chairman,...

DIVIDENDS: PZ Shareholders Approve N1.30 Special Dividend. Payment Starts March 17th

Shareholders of PZ Cussons Nigeria Plc have given the management of the company the approval to pay a special dividend of N1.30. The approval was...

Afromedia Plc Appoints City Of David Parish Pastor As New Board Chairman

Afromedia Plc notified The Nigerian Stock Exchange that four (4) Non-Executive Directors have been appointed into the company’s Board as follows. 1) Mr Idowu...

GTB POST N90B PAT, PROPOSES FINAL DIVIDEND OF N1.45 PER SHARE. SHARE PRICE SHEDS...

Guaranty Trust Bank released its 2013 FY results showing a 9% increase in Gross Earnings to N242billion. Net Interest Income rose 5% to N136billion...

Zenith Bank Post N95b For 2013, Recommend N1.75 Dividend

  Zenith Bank released its 2013 Audited accounts with profit after tax down 5% to N95b (2012: N100b). Net Interest Income grew 21% to N189b...

Vitafoam Shareholders Approve N245m Dividend, Provides Reasons For Profit Decline

Shareholders of Vitafoam Nigeria Plc on Thursday approved the company’s N245.70m dividend payout for the financial year ended September 30, 2013. The shareholders gave the...

Transcorp Post N2.8b PAT For 2013 & Proposes First Time Ever Dividend of 5k...

Transcorp Nigeria Plc released its 2013 FY audited results showing a revenue of N2.18billion (2012 FY: N2.36billion) for the company. The company ended the...

Unimpressive? Nestle Posts N22.2billion PAT..Proposes Dividend Not Befitting of Its Valuation

Nestle Nigeria PCL released its 2013 FY audited results showing revenue rose 14% to N133billion (2012 FY: N116.7billion). Gross profit also rose 13.2% to...

Get Set For 35kobo Dividend (10% Yield) If You Own Africa Prudential Registrars Shares

Foremost Registrars, Africa Prudential PCL has proposed a 35kobo dividend as contained in a board resolution featured on the website of the company. The...

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Union Bank shareholders endorse N54.4bn balance sheet reduction

Union Bank’s shareholders approve N54.5 billion capital restructuring

Union Bank of Nigeria shareholders recently approved the proposal to cancel N54.46 billion accumulated permanent losses in the books of the commercial bank.