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Shareholders of Zenith Bank Plc on Monday at the 29th Annual General Meeting of the Bank held at the Shehu Musa Yaradua Centre, Abuja unanimously approved the proposed final dividend of N2.50 per share, bringing the total dividend payment for the 2019 financial year to N2.80 per share with a total value of N87.9 billion.
Twitter Inc Chief Executive Officer Dorsey Jack said on Thursday he is reconsidering a proposed stint in Africa this year due to coronavirus concerns, walking back his plans amid a call by activist investor Elliott Management for his ouster.
The Nigeria Deposit Insurance Corporation has said it has fully paid both insured and uninsured depositors of 18 closed banks in the country.
The Nigerian Army and one of its senior officials, Maj.-Gen. Hakeem Otiki, are at loggerheads over the actual owner of the $376,120 (N136,155,440) for which a Federal High Court in Abuja has granted an interim forfeiture.
Nissan shareholders vented their outrage at the Japanese automaker’s top management Tuesday for crashing stock prices, zero dividends and quarterly losses after the scandal-ridden departure of former Chairman Carlos Ghosn.
Stakeholders in the capital market on Thursday stressed the need to attract private and domestic capital for funding of critical infrastructure in the country.
Japan’s Toshiba Machine said weekend it would seek shareholders’ approval if it decides to adopt defense measures against a hostile takeover, agreeing to demand from a prominent activist investor targeting the molding machine company.
Desire of the Management of Dangote Cement to ‘buy back’ 10 per cent of its entire issued shares from shareholders was unanimously granted on Wednesday as the company’s shareholders’ voted in support of the ‘share buy back’ plans. Dangote Cement, which currently has 17.04 billion fully paid up ordinary shares of 50 kobo each, would be buying back 1.70 billion shares.
Dangote Cement Plc is seeking shareholders’ approval to embark on share buy-back in move aimed at improving return on equity and shareholder value.
Sovereign Trust Insurance Plc has listed additional 4.17 billion ordinary shares of 50 kobo each on the Nigerian Stock Exchange (NSE), the last step in its recent capital raising process.
Shareholders under the aegis of Constance Shareholders’ Association of Nigeria (CSAN) on Saturday said that mergers and acquisitions would improve cement industry activities on the Nigerian Stock Exchange (NSE).
The move comes after Australia’s Federal Court last week agreed with the country’s financial intelligence agency, AUSTRAC that Westpac had breached anti-money laundering and terrorist financing obligations.
Juventus and Real Madrid could soon be ready for a transfer war over two of the brightest attacking talents in Europe.
Babatunde Fashola, minister of works and housing, has explained why Julius Berger is preferred above “indigenous companies” when entrusting infrastructural projects to companies in the country.
Juventus president Andrea Agnelli on Thursday got the overwhelming backing of the club’s shareholders for a 300 million euro ($333 million) capital increase to help boost the Italian club’s global ambitions.
Recall that President Muhammadu Buhari in a nationwide broadcast on Sunday ordered a total lockdown in Abuja, Lagos and Ogun State as a proactive measure to contain the spread of the deadly novel coronavirus in Nigeria.
Uber is ramping up its response to the COVID-19 pandemic, pledging 10 million free rides and food deliveries for health care workers, senior citizens, and others affected by the outbreak.
Nigeria will be able to test up to 1000 suspected cases of coronavirus by the end of this week, the NCDC has said.
Nigeria Centre for Disease Control (NCDC), on Tuesday, has announced four more new cases of coronavirus (COVID-19), making the number of confirmed cases in Nigeria rise to 139.
Abdisalan Hassan Hersi, governor of the Nugaal region in northeastern Somalia has been killed in a suicide bomb blast claimed by the al-Shabab armed group, police said on Monday.
Juventus star Cristiano Ronaldo has donated five ventilators and has also agreed to a pay cut amid the ongoing coronavirus pandemic. Ronaldo has returned to Portugal to self-isolate as COVID-19 has taken a devastating toll in Italy with 86,498 cases and 9,134 deaths confirmed.
The NCDC revealed that three of the five fresh cases are travellers who just returned to Nigeria, while two are close contacts of one of the confirmed cases the country has.
Enyimba midfielder, Ekundayo Ojo, and Abia Comets’ Benjamin Iluyomade, who were kidnapped on Sunday, have regained their freedom.
The La Liga giants made this known in a tweet on their official Twitter but the did not reveal the cause of Minchola’s death.
Former Chelsea head coach Luiz Felipe Scolari has opened up on his ill-fated reign at Stamford Bridge, admitting that he failed to see eye to eye with Didier Drogba and Nicolas Anelka.