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NSE sanctions : Shareholders demand penalties for erring directors

NSE sanctions : Shareholders demand penalties for erring directors

SHAREHOLDERS of quoted companies have asked regulators in the financial markets to impose sanctions on directors/officers of those companies that defaulted in their regulatory fillings rather than make the investors suffer for such failures.
The post NSE sanctions : Shareholders demand penalties for erring directors appeared first on Vanguard News. …

CAMA allows shareholders to be members of audit committee —Adebisi

CAMA allows shareholders to be members of audit committee —Adebisi

National Coordinator, Independent Shareholders Association, ISAN, Mr. Adeniyi Adebisi, in this interview with Financial Vanguard spoke on audit committee membership and the provision of CAMA as well as government policy that affects the petroleum marketing companies quoted on the Nigerian Stock Exchange, NSE.
The post CAMA allows shareholders to be members of audit committee —Adebisi appeared first on Vanguard News. …

Shareholders laud Dangote Flour Mills’ return to profitability

Shareholders laud Dangote Flour Mills’ return to profitability

Shareholders of Dangote Flour Mills (DFM) Plc at the weekend commended the board and management of the flour-milling company for the strategic initiatives that restored profitability and dividend payment to shareholders. Shareholders who spoke at the annual general meeting at the weekend in Lagos said the performance of DFM in recent period represents a newRead More
The post Shareholders laud Dangote Flour Mills’ return to profitability appeared first on The Nation Nigeria. …

Total Nigeria’s shareholders get N5.77b dividend

Total Nigeria’s shareholders get N5.77b dividend

Shareholders of Total Nigeria Plc will today receive N4.75 billion in final cash dividend for the 2017 business year, after they voted unanimously yesterday at the annual general meeting in Lagos to approve the dividend recommendation by the board of the downstream oil company. Chairman, Total Nigeria Plc, Mr Stanislas Mittelman, said the final dividendRead More
The post Total Nigeria’s shareholders get N5.77b dividend appeared first on The Nation Nigeria. …

Shareholders of Consolidated Hallmark to get N140m dividend

Shareholders of Consolidated Hallmark to get N140m dividend

SHAREHOLDERS of Consolidated Hallmark Insurance Plc, CHI, will be paid N140 million or two kobo per share as dividend for the 2017 financial year. Chairman of the company, Mr. Obinna Ekezie, disclosed this to shareholders at the company’s annual general meeting in Lagos last week. He said that the company believes shareholders deserve all the reward they can get through regular dividend payments and more for their continued faith and firm belief in the company.
The post Shareholders of Consolidated Hallmark to get N140m dividend appeared first on Vanguard News. …

Nestle shareholders seek bonus issue, approve N21.8bn dividends

SHAREHOLDERS of Nestle Nigeria Plc have called on the Board and management of the company to consider issuing bonus shares to the shareholders at the end of 2018 financial year, even as they approved N21.8 billion final dividend recommended by the directors for the year ended December 31, 2017. Making the appeal at the company’s Annual General Meeting, AGM, in Lagos, they said that issuance of bonus shares would make the stock more available and allow more Nigerians buy into the company.
The post Nestle shareholders seek bonus issue, approve N21.8bn dividends appeared first on Vanguard News. …

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