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FCMB Shareholders Approve N2.97bn Dividend

Shareholders of FCMB Group Plc have restated their confidence in the financial institution to sustain its impressive performance and deliver more value.
The shareholders gave the commendation at the eight Annual General Meeting (AGM) of the Group held Wednesday, in Lagos.
They also unanimously approved the payment of a dividend of N2.97 billion, translating to 15 kobo per ordinary share for the year ended December 31, 2020, as against 14 kobo per share the previous year.
The AGM was held virtually due the prevailing COVID-19 pandemic and streamed live to shareholders of the financial institution.
The FCMB Group is a holding company divided along three business groups: commercial and retail banking (First City Monument Bank Limited, Credit Direct Limited, FCMB (UK) Limited and FCMB Microfinance Bank Limited); Corporate & Investment Banking (The Corporate Banking Division of the Bank, FCMB Capital Markets Limited and CSL Stockbrokers Limited) and Investment Managemen ....

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FCMB's shareholders approve N2.97bn dividend - Punch Newspapers

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Nike Popoola
Published 12:37 am
Shareholders of FCMB Group Plc have approved the payment of N2.97bn dividend, translating to 15 kobo per ordinary share for the year ended December 31, 2020, as against 14 kobo per share in 2019.
A statement from the bank titled ‘Shareholders applaud FCMB, approve dividend of N2.97bn at AGM’ said the shareholders gave the approval at the 8th annual general meeting of the group which held virtually on Wednesday.
Speaking at the meeting, the statement said the Co-ordinator of Independent Shareholders Association of Nigeria, Sir Sunny Nwosu, praised the institution for efficiently running its affairs and for the appreciable growth recorded in key operating areas. ....

Ladi Balogun , Oladipupo Jadesimi , Shareholders Association Of Nigeria , Group Plc , Nike Popoola , Independent Shareholders Association , Sir Sunny Nwosu , Group Chief Executive , பங்குதாரர்கள் சங்கம் ஆஃப் நைஜீரியா , குழு ப்ல் , சுயாதீனமான பங்குதாரர்கள் சங்கம் , ஐயா சூரியன் தீண்டும் நுவோசு , குழு தலைமை நிர்வாகி ,

Heavy sell-off in Guinness shares leads to N6.9 billion market value loss in a single day

Heavy sell-off in Guinness shares leads to N6.9 billion market value loss in a single day
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Breaking News | 44 companies to face NSE's sanctions over default filing

By Nkiruka Nnorom
A total of 44 companies quoted on the Nigerian Stock Exchange, NSE, may face sanctions from the Exchange for failing the timeline in rendition of 2020 audited financial results.
Periodic and timely rendition of financial results to the NSE, is one of the key elements in the post-listing requirements of the Exchange which attracts penalties.
The companies, which include, Conoil Plc, Oando Plc, Wema Bank Plc, Okomu Oil Plc and Presco Plc among others, failed to meet the March 31, 2021 cut off date (the 90 day timeline required by the rule of the Exchange for quoted companies to file their audited full year result) and will now face financial sanctions as enshrined in the rules of the Exchange. ....

Patrick Ajudua , Nkiruka Nnorom , Moses Ogundeji , Lawrence Oguntoye , Deap Capital Management Trust Plc , Tantalizers Plc , Unity Bank , Okomu Oil Plc , Studio Press Nigeria Plc , Medview Airline , Presco Plc , Corporate Affairs Commission , Distinct Shareholders Association , Smart Product Nigeria Plc , National Insurance Commission , International Energy Insurance , Briclinks Africa Plc , Morison Industries Plc , Rt Briscoe Nigeria Plc , Nigeria German Chemical Plc , International Plc , Cornerstone Insurance Plc , Afromedia Plc , Standard Alliance Insurance Plc , Conoil Plc , Microfinance Bank ,

44 companies to face NSE's sanctions over default filing

Vanguard News
44 companies to face NSE’s sanctions over default filing
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By Nkiruka Nnorom
A total of 44 companies quoted on the Nigerian Stock Exchange, NSE, may face sanctions from the Exchange for failing the timeline in rendition of 2020 audited financial results.
Periodic and timely rendition of financial results to the NSE, is one of the key elements in the post-listing requirements of the Exchange which attracts penalties.
The companies, which include, Conoil Plc, Oando Plc, Wema Bank Plc, Okomu Oil Plc and Presco Plc among others, failed to meet the March 31, 2021 cut off date (the 90 day timeline required by the rule of the Exchange for quoted companies to file their audited full year result) and will now face financial sanctions as enshrined in the rules of the Exchange. ....

Patrick Ajudua , Nkiruka Nnorom , Moses Ogundeji , Lawrence Oguntoye , Deap Capital Management Trust Plc , Tantalizers Plc , Unity Bank , Okomu Oil Plc , Studio Press Nigeria Plc , Medview Airline , Presco Plc , Corporate Affairs Commission , Distinct Shareholders Association , Smart Product Nigeria Plc , National Insurance Commission , International Energy Insurance , Briclinks Africa Plc , Morison Industries Plc , Rt Briscoe Nigeria Plc , Nigeria German Chemical Plc , International Plc , Cornerstone Insurance Plc , Afromedia Plc , Standard Alliance Insurance Plc , Conoil Plc , Microfinance Bank ,