FBN Holdings says it is taking all necessary steps to safeguard the interests of the company and its...
Shareholders of Trans-Nationwide Express (Tranex) Plc have approved an increase in the company's share capital from N249,075,038.50 to N498,150,077.00.
Fidelity Bank Plc has concluded all necessary arrangements to raise a total of up to N127,100,000,000.00 (One Hundred Twenty-Seven Billion, One Hundred Million Naira) by way of a Rights Issue to existing shareholders and a Public Offer (the “Combined Offer”).
The capital increase may be executed via rights issues, private placements, public offerings, or other transaction methods.
The board of MRS Oil Nigeria Plc has said that as part of exit consideration from the Nigerian Exchange Limited (NGX), it will pay dissenting shareholders N135.00 per ordinary share of 50 kobo each.
The shareholders endorsed the management’s N94.179 billion dividend payouts for the year ended December 31, 2023.
Shareholders under the aegis of the New Dimension Shareholders Association of Nigeria have called on the new Acting Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, to find a lasting solution to the rising wave of unclaimed dividends in the country.
The company will at the company’s Extraordinary General Meeting (EGM) request shareholders endorsement to voluntarily delist from the daily official list of Nigerian Exchange Limited (NGX).
Shareholders of Presco Plc will receive a total dividend of N26.300 billion for the financial year ended December 2023, representing a total dividend of N26.30 kobo per share declared by the Board of Directors of the company.
The reconstruction will result in the cancellation of three out of every four shares held by Transcorp's shareholders and a reduction of the issued share capital to N5,080,998,787.00, comprising 10,161,997,574 ordinary shares of N0.50 each.
The Group will also seek shareholders’ endorsement for the increase of the Company's issued share capital from N9,901,355,390.50 divided into 19,802,710,781 ordinary shares of 50k each to N19,802,710,781.00 divided into 39,605,421,562 ordinary shares
As part of the resolutions at its Annual General Meeting, the board of Nigerian Breweries Plc has received its shareholders approval for a N600 billion rights issue.
