Tag Archives: shareholders

Dangote, NNPC Spat: Shareholders Condemn Demarketing Of Dangote Refinery

Shareholders have strongly defended Africa’s foremost industrialist, Aliko Dangote, over the on-going petroleum product supply controversies, while criticising the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, for deliberate attempt at demarketing Dangote Petroleum Refinery & Petrochemicals. The shareholders under the aegis of Pragmatic Shareholders Association of Nigeria (PSAN) in a statement signed ...

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NASCON Grows Turnover By 37%, Assures Shareholders Of Continuous Growth, Value Creation

NASCON Allied Industries Plc has assured its shareholders of continuous growth and value creation in 2024. The Company gave the assurance at its 2023 Annual General Meeting held yesterday in Lagos. Speaking to shareholders, the Chairperson of NASCON, Yemisi Ayeni said “amidst the challenges in 2023, the Company achieved commendable operational performance. Our strategic initiatives and proactive measures enabled us ...

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NASCON Records 84% Increase In Profit

  NASCON Allied Industries Plc have recorded impressive growth in all performance indicators in the year ended December 31, 2022, with profit after tax surging by 84 percent, from N2.97 billion to N5.47 billion. Shareholders at the company’s 2022 annual general meeting (AGM) held at the weekend in Lagos commended the board and management of NASCON for consistent payment of ...

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Shareholders Unanimously Approve Dangote Cement’s Share Buy-Back

  Shareholders of Dangote Cement, unanimously on Tuesday authorised the Management of the company to undertake a share buyback of up to 10 percent of its issued shares, effective from the date of the resolution. The company had earlier indicated an interest in undergoing a share buyback programme, in respect of up to 10 percent of its issued shares, for ...

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Dangote Cement Shareholders Up Dividend By 25% To N20 Per Share

Shareholders of Dangote Cement Plc has commended the Management of the company for an impressive performance despite the economic challenges in the year under review. Unanimously, the shareholders approved N20 per share for the year ended December 31, 2021 as against the N16 paid in the preceding year. This represents a 25 per cent increase in dividend compared to the ...

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Shareholders Thumb Up NASCON’s Good Performance, Despite Pandemic

…wins haulage company of the year Shareholders of NASCON Allied Industries Plc, a subsidiary of Dangote Industries Limited (DIL) have commended the food seasoning company over its impressive performance in the year ended December 31, 2021, in spite of the harsh economic operating environment just as the company emerged the best haulage company of the year. Speaking during the NASCON’s ...

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Shareholders Commend NASCON’s Prompt Dividend Payment

Shareholders of NASCON Allied Industries Plc, a subsidiary of Dangote Industries Limited, have expressed satisfaction at the performance of the company but tasked the food seasoning company to expand its market share so as to increase revenue. Speaking at the NASCON’s 2019 Annual General Meeting (AGM) held yesterday in Lagos, the shareholders commended the company’s prompt payment of dividends just ...

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Zenith Bank Rewards Shareholders, Declares Dividend Payout Of N87.9bn

Zenith Bank Plc, on Monday, March 16, 2020 held its 29th Annual General Meeting (AGM) in Abuja, Nigeria, during which the Bank’s shareholders unanimously approved the proposed final dividend of N2.50 per share, bringing the total dividend payment for the 2019 financial year to N2.80 per share with a total value of N87.9 billion. This followed the recent release of ...

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