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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.
The Ministry of Works and Housing has urged Shelter Afrique to increase the funds it planned to invest as part of efforts in addressing Nigeria’s housing deficit.
Seplat Petroleum is to acquire London-listed Eland Oil & Gas for £382 million ($486,163,760.00) in a bid to scale the business and grow in Nigeria, according to the boards of the companies.
The Nigerian National Petroleum Corporation (NNPC) has challenged shareholders of the Nigeria Liquefied Natural Gas (NLNG) to work very quickly towards expanding the production capacity of the company beyond Train 7 to take advantage of developments in the global LNG market.
The Concerned Note Counters Association of Fidelity Bank (CNCAFB) has threatened to disrupt activities at all Fidelity Bank branches should the management of the bank fail to pay them their entitlements.
Manchester United manager Ole Gunnar Solskjaer is confident Odion Ighalo will deliver the goods for the side.
The Senate on Wednesday considered a bill seeking to establish the National Commission Against the Proliferation of Small Arms and Light Weapons.
President of the Senate, Ahmad Lawan, on Wednesday said the National Assembly has devised a strategy that will see to the creation of institutions dedicated to providing enduring solutions to Nigeria's security travails. Academy
The Senate on Wednesday observed a minute silence in honour of renowned Nigerian novelist and former Registrar of the West African Examinations Council (WAEC), Chukwuemeka Ike.
Rangers have been fined £15,000 by the Scottish FA for failing to act in an “orderly fashion” in games against Celtic and Hibernian in December.
The Delta State Police Command has arrested the Proprietor of Grace Life International School, Oghara-Efe, in Ethiope East Local Government Area of the state, Mr Michael Anigholor, who allegedly raped a corp member, (name withheld)
The Gunners want to tie the 18-year-old to a lucrative new long-term contract to replace his current deal, which finishes next year.
Ighalo made his first appearance for the Ole Gunnar Solskjaer’s side in their 2-0 win over Chelsea at Stamford Bridge, the on-loan Shanghai Shenhua star replaced one of the goalscorers, Anthony Martial, with just finished minutes to the end of the game.
The Italian Post Office has delivered a swift response to Juventus manager Maurizio Sarri for suggesting their job is not scrutinised to the same extent as his own as a football manager.
The Independent National Electoral Commission (INEC) has explained why it has paved the way for the swearing-in of the candidate of Peoples Democratic Party (PDP), Douye Diri, as governor of Bayelsa State after Thursday’s Supreme Court judgment that sacked the All Progressives Congress (APC) candidate, David Lyon, who won the November governorship election.