ABC Transport Plc released its full-year audited results for the year ended 31st December 2020.
See link to results.
Okomu Oil Palm Plc released its full-year audited results for the year ended 31st December 2020.
See link to results.
The Management of International Breweries Plc has notified the Nigerian Stock Exchange of the relocation of its registered office from 23/26 Glover road in the Ikoyi axis of Lagos state to Banana Island.
This was disclosed in a notice sent to the exchange by the brewing giant. The notice, which was signed by Muyiwa Ayojimi, the company secretary, stated that the company’s new registered address has changed to Plot 5A, Abuja Street, Banana Island, Ikoyi-Lagos.
The firm stated that the change has been effected in the statutory form and that the disclosure is in line with prescribed rules of the NSE.
What you should know:
Access Bank Plc has announced that it will be hosting its 32nd Annual General Meeting on the 30th of April, 2021.
According to a notice signed by the Company’s secretary, Sunday Ekwochi, the meeting will hold at the Bank’s Head Office at Oniru Estate, Victoria Island, Lagos by 10:00 am. The following will be discussed;
What you should know:
For more information about the notice, click HERE.
Fidelity Bank Plc has announced that it will be hosting its Board of Directors meeting on the 26th of April, 2021.
This is according to a disclosure signed by the Company’s secretary, Ezinwa Unuigboje and sent to the Nigerian Stock Exchange.
The meeting is scheduled to consider among other things, the unaudited financial statements of the company for the quarter ended 31st of March, 2021 (Q1, 2021). Sequel to this, the bank will be observing a close period from 6th of April, 2021 until 24 hours after the unaudited financial statements have been filled with The Exchange.
What you should know:
For more information about the notice, click HERE.
Afrinvest West Africa Limited has announced the appointment of Mrs. Onoise Onaghinon as its Chief Operating Officer (COO).
This is according to information made available by the firm through its social media handle, as seen by Nairametrics.
As part of her responsibilities, Mrs. Onaghinon will oversee human resources, legal and compliance, internal control and general services, while leading the firm’s initiative to improve efficiency across its subsidiaries.
Profile
Mrs. Onaghinon is a veteran in the Nigerian capital market and investment landscape with over 18 years of experience in capital raising, restructuring, mergers and acquisition. She joined Afrinvest in 2003 as an analyst in the firm’s investment banking division.
In 2017, she took a sabbatical from the firm to head the Public-Private Partnership Agency of the Edo state government. Having acquainted herself creditably in the public sector, she has re-joined the firm as the new COO.
What they are saying: Commenting on the recent development, the Group Managing Director of Afrinvest, Mr. Ike Chioke said: ‘’ Over the years, Mrs. Onaghinon has demonstrated great leadership, professional excellence and outstanding client commitment in driving the firm’s business unit, particularly our investment banking division. We are delighted to have her back and we look forward to leveraging her cross-disciplinary experience across the Afrinvest Group.’’
What you should know:
Africa Prudential Plc has notified stakeholders and the investing public of its imminent Board of Directors meeting, scheduled on April 22, 2021.
This is according to a disclosure signed by the Company’s secretary, Joseph Jibunoh and sent to the Nigerian Stock Exchange.
The meeting is scheduled to consider among other things, the unaudited financial statements of the company for the quarter ended 31st of March, 2021 (Q1, 2021). Sequel to this, the company will be observing a close period from 6th of April, 2021 until 24 hours after the unaudited financial statements have been filled with The Exchange.
What you should know:
For more information about the notice, click HERE.
The Nigerian Breweries Plc has proposed a ‘’Scrip Dividend Election Scheme’’, that gives qualified shareholders the opportunity to choose to receive their final dividends in the form of new ordinary shares in the company instead of cash.
This is according to a notification sent by the company to the Nigerian Stock Exchange platform, as seen by Nairametrics.
Outlining the benefits of the scheme, the notice remarked that qualified shareholders who opted to receive new ordinary shares would thus be able to increase the number of shares they hold in the company without incurring capital market transaction costs. In addition, the scheme has the potential of helping the company to retain cash (for working capital purposes) that it would have paid out in dividends.
It is pertinent to note that ‘Qualified Shareholders’ in this context are those, whose names appear in the company’s register of members as at close of business on the 10th of March, 2021.
What you should know:
The Board of Directors of Julius Berger Nigeria Plc has proposed a final dividend of 40 kobo for every share of 50 kobo held by shareholders, amounting to a total of N633.6 million for the year ended 2020.
This is according to a disclosure signed by the company’s secretary, C.E Madueke, and sent to the Nigerian Stock Exchange.
According to the notice, dividends will be paid electronically to qualified shareholders’ on 18th of June, 2021. The qualified shareholders are those, whose names appear in the Register of Members as at the close of trading on 28th of May, 2021. Other qualifying conditions are;
On the other hand, the board of the company also proposed a bonus issue of one (1) new ordinary share for every ninety-nine (99) existing ordinary share held by shareholders.
What you should know:
For more information about the proposed dividend, click HERE
Studio Press Plc released its full-year results for the year ended 31st December 2020.
See link to results.