faoogoke:
To all oando hopefuls.

SEC just banned Tinubu from sitting on the board of any company for the next 5 years.
This is subsequent upon the audit report conducted into the finance and operations of the company.

faoogoke:
To all oando hopefuls.

SEC just banned Tinubu from sitting on the board of any company for the next 5 years.
This is subsequent upon the audit report conducted into the finance and operations of the company.

faoogoke:


Old story please

Boshins:
oga, when there r no facts to back up a claim, then u r only assuming... I don't drag issues on assumptions...

Mfunkynation:
I once bought a stock , then sold it 3 days to the qualification date.
but was shock to receive the dividend 😁😁..
I don't know what happened ooo
Note:
I will try it with another stock this week and see

Shalom428:
Nigeria Brewery at ₦23 looks ridiculously cheap , the rally will be crazy the very quarter it eventually returns to profitability.

Not a buy recommendation ... I'm not buying and won't be buying any stock till the economy has a solid positive direction.

I feel safe with true yield of Tbills at 26%.

Safety First.

maishai:


Good one spotted

Waiting for it 2 b battered more

Reminds me of mrs loot

Shalom428:
Yesterday's stop rate was 20.7% which is equivalent to 26.1% true yield. Your bank can run it for you , it's quite easy.

There is a dedicated forum for Tbills , you will get more information there. I don't want to derail this trend.

Shalom

eziokwunwoko:
Goodmorning Emmasoft;
You said retail investor that dont have up to N50million that still participate in the primary FGN Bond offer. Can you explain more details

Nelson2020:
Am I the only person who has not received zenith dividend?

Digitron:


I have not too.

Including Transcorp power

Utalinmou:
I have not seen any report or dividend declaration from STERLING BANK do anyone have an update on them?

SonofElElyonRet:

22nd May

Ginalex:
please what's the qualification date for the dividend payment ?

SonofElElyonRet:
Breaking news... Odukale quits/steps down as First Bank Chair.

KarlTom:
He has used the maximum number of years allowed for a non-executive director which is twelve (12)...

dapix:


So Otedola, will now fully take over as the new chairman?

KarlTom:
He has used the maximum number of years allowed for a non-executive director which is twelve (12)...

ositadima1:
Breakdown of Zenith Bank Plc AGM Resolutions (Lagos, Nigeria, May 9, 2024)

Meeting: Annual General Meeting (AGM) held on May 8, 2024

Location: Civic Centre, Ozumba Mbadiwe Street, Victoria Island, Lagos State

Key Resolutions:

N40m p.a. for non executive director

Financial Statements: Approved the Report of the Directors and Audited Financial Statements for 2023.

Dividend: Declared a final dividend of N3.50 per share (total gross dividend of N109,887,728,254.50) for the year ended December 31, 2023, payable to shareholders on record as of April 24, 2024. (This brings the total dividend for 2023 to N4.00 per share and a gross dividend of N125,585,975,148.00)

Board Changes:
* Approved Dr. Juliet Ehimuan as a new Non-Executive Director.
* Re-elected Dr. Al-Mujtaba Abubakar, Dr. Omobola Ibidapo-Obe Ogunfowora, and Mr. Henry Oroh as Directors.
* Re-elected Engr. Mustafa Bello as a Non-Executive Director.

Auditors:
* Ratified the appointment of Messrs. PricewaterhouseCoopers (PWC) as External Auditors.
* Authorized the Directors to fix the remuneration of the Auditors.

Management Remuneration: Noted the remuneration of the Managers as disclosed in the Annual Report.

Directors' Fees: Set the Directors' fee for 2024 at N40 million only for each Director.

Share Capital Increase: Increased the issued share capital from N15.69 billion to N31.39 billion by creating additional ordinary shares.

Capital Raising Program: Authorized the Board to establish a program to raise capital up to the authorized limit, through various methods and subject to regulatory approvals.

Rights Issue: In case of a Rights Issue, authorized the Directors to offer unsubscribed shares to other interested shareholders after obtaining approvals.

Articles of Association Amendment: Amended relevant clauses in the Company's Memorandum and Articles of Association to reflect the new share capital.

Cancellation of Unsold Shares: Authorized the Directors to cancel any shares not required after the capital raising program.

Implementation Authority: Granted the Directors authority to appoint professionals, perform necessary acts, and comply with regulations to implement these resolutions.

Audit Committee:
* Elected/Re-elected Mrs. Adebimpe Balogun, Mr. Michael Olusoji Ajayi, and Prof. Leonard Fidelis O. Obika as members.
* Nominated Dr. Al-Mujtaba Abubakar and Engr. Mustafa Bello as Directors to the Committee.

Coolcash1:
Transcorp value zone is below N10. Bargain hunters take note!

SonofElElyonRet:

N40m p.a. for non executive director

ositadima1:


Where did you see that in my post?

yMcy56:
AVAIF
Ava Infrastructural Fund
Listed @1M NGN in the EQUITY section
Na another Oga of all listing be this o!!

yMcy56:
AVAIF
Ava Infrastructural Fund
Listed @1M NGN in the EQUITY section
Na another Oga of all listing be this o!!