Unity Bank Plc released its full-year audited results for the year ended 31st December, 2020.
See link to results.
Lotus Capital Limited has declared its Q1, 2021 dividend distribution of N20/unit to unit holders in the Lotus Halal Fixed Income Fund whose names appear on the company’s register as at April 13, 2021.
According to a notification issued by the firm and seen by Nairametrics, the payment of the distribution will be made by the fund manager of the Lotus Halal Fixed Income on April 15, 2021.
It is pertinent to note that the firm had earlier paid its fixed income fund unit holders a dividend of N33 per unit for Q4, 2020 on 22nd of January, 2021. Sequel to this, the recent declaration of N20/ unit indicates a decline of about 39.4% QoQ.
What you should know:
For more information about the disclosure, click HERE
Ecobank Transnational Incorporated (ETI), parent company of Ecobank Group has announced the appointment of Akin Dada as Group Executive, Corporate and Investment Banking.
This is according to a press release made available on the Group’s website and seen by Nairametrics.
With the recent appointment, Mr Akin is set to take the helm of affairs from Amin Manekia (his predecessor) who retired in 2020.
Profile:
Akin is a banking expert with over three decades of experience in client coverage, strategic transaction initiation, and advisory dialogues. He joined Ecobank in 2017 as the Executive Director for Corporate Bank in Nigeria, after a long spell with Citigroup Cameroon where he spent twenty six years.
It is also pertinent to note that until his recent appointment, he was the Group Head, Corporate Banking for the Ecobank Group. He is an alumnus of the University of Ibadan and University of Warwick, UK where he obtained a B.Sc. degree in Political Science and an MBA respectively.
What they are saying: Commenting on his appointment, the CEO of Ecobank Group, Ade Adeyemi said: ‘’Akin’s valuable and varied experience over many years in corporate banking as well as his broader knowledge of banking, credit and risk management position him appropriately to lead our Corporate and Investment Bank. There are huge opportunities for the Ecobank Group with the implementation of the AfCFTA, which heralds burgeoning demand for trade finance, advisory services and cross-border payments.”
Details about the appointment is available HERE
Berger Paints Nigeria Plc released its full-year results for the year ended 31st December, 2020.
See link to results.
Courteville Business Solutions Plc has announced that it will be hosting its 16th Annual General Meeting on the 20th of May, 2021.
According to a notice sent to the Nigerian Stock Exchange platform, the meeting will hold at the Legation Hall, 38 Commercial Avenue, Yaba-Lagos by 11:00am. The following will be discussed;
What you should know:
For more information about the notice, click HERE.
The Management of NPF Microfinance Bank Plc has informed stakeholders of its inability to submit its Audited Financial Statements for the year ended December 31, 2020 before the filing due date of 31st March 2021.
This is according to a disclosure dated 7th of April 2021, signed by the company’s secretary, Osaro Idemudia, and sent to the Nigerian Stock Exchange.
According to the notice, the delay in filing is due to the fact that the Bank (NPF) is yet to receive statutory approval from its primary regulator (The Central Bank of Nigeria). Sequel to this, the Microfinance Bank disclosed that it has engaged with the CBN to ensure that it receives the required approval that will enable it to make the financial results public.
In addition, the firm expressed optimism that its audited financial statements for the aforementioned period will be released on or before the 20th of April, 2021.
See link to notice.
ABC Transport 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:
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.
Studio Press Plc released its full-year results for the year ended 31st December 2020.
See link to results.