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The shareholders of one of Africa's fastest growing companies, Sterling Bank, have commended the board of directors, executive management and staff of the bank on its remarkable financial performance for the 2022 year, resulting in a recommendation of dividends of 15 kobo per ordinary share; a fifty percent increase from that paid in 2021. ....
As a Nigerian interested in investing or making money, names like Aliko Dangote, Femi Otedola, Mike Adenuga, Tony Elumelu, Jim Ovia, Rabiu Abdulsalam etc., come to mind as aspirational role models. These men have all made billions of naira investing in companies listed on the Nigerian Stock Exchange either as founders or strategic investors. However, there are many other lesser-known investors in companies listed on the Nigerian Stock Exchange who are worth billions (in naira). These investors are seasoned and while they may not always be the founders of the companies they are invested in; they own a significant chunk of the business through strategic investment stakes that earn them billions annually in capital appreciation and dividends. ....