Seplat Energy Plc has assured shareholders of its commitment to leverage existing oil resources to develop the nation’s abundant gas reserves and drive transition to cleaner and more efficient fuel for enhanced profitability.
It was a harvest of praises by representatives of Nigerian shareholder groups who were at Seplat Energy Plc 9th Annual General Meeting (AGM) which held in
Operations Director, Seplat, Effiong Okon (left); Director, External Affairs and Sustainability, Dr. Chioma Nwachuku; Chief Executive Officer, Roger Brown; Chairman, Dr. ABC Orjiako and Company Secretary/General Counsel, Edith Onwuchekwa at Seplat’s hybrid 8th Annual Meeting in Lagos. PHOTO: FEMI ADEBESIN-KUTI
•Gets shareholders’ nod on dividend payout, name change
Seplat Petroleum Development Company Plc has assured shareholders that the company is well-positioned to increase shareholders’ value on a sustainable basis, even as cash generated from its operations has exceeded the amount invested for future growth.
Reviewing its financials at the 8th yearly general meeting, the Chairman of Board, Dr. ABC Orjiako, said the company generated cash worth $318 million from its operations which is significantly more than the $150 million invested for future growth.
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Shareholders commend Sterling Bank’s performance
On
By Peter Egwuatu
Shareholders of Sterling Bank Plc have commended the board and management of the bank for the improved financial performance despite the adverse impact of the Covid-19 pandemic.
The shareholders at the 2021 Annual General Meeting (AGM) of the bank held by proxy in Lagos and streamed live across digital platforms last week also approved resolutions for the declaration of a dividend of five kobo per share, the election of directors, remuneration of auditors, and the election of shareholders’ representatives on the statutory audit committee.
Commenting on the bank’s performance, Mr Matthew Akinlade, President of Nigeria Solidarity Shareholders Association (NSSA), noted the consistency in the bank’s earnings per share in the last five years.
Views: Visits 9 By Peter Egwuatu Shareholders of Sterling Bank Plc have commended the board and management of the bank for the improved financial performance despite the adverse impact of the Covid-19 pandemic. The shareholders at the 2021 Annual General Meeting (AGM) of the bank held by proxy in Lagos and streamed live across digital platforms last week also approved resolutions for the declaration of a dividend of five kobo per share, the election of directors, remuneration of auditors, and the election of shareholders’ representatives on the statutory audit committee. READ ALSOOke-Ogun Poly workers protest against casualisation Commenting on the bank’s performance, Mr Matthew Akinlade, President of Nigeria Solidarity Shareholders Association (NSSA), noted the consistency in the bank’s earnings per share in the last five years.