By Financescape Stanbic IBTC Bank plc one of the tier-one lenders in Nigeria has released its Half-year financial statement for the period ended June 30, 2019. The group’s gross earnings increased by 2.77% to N 117,374 million from N114,207million in the corresponding period in 2018. Net interest income […]
Category: Corporate Release
Imperial Logistics to increase stake in MDS logistics Ltd
By Financescape UAC of Nigeria plc has informed the Nigeria Stock Exchange and investing public that it has entered into an agreement with imperial logistics limited under which imperial logistics ltd proposed to increase its shareholding in MDS logistics ltd from 49% to 57%, by acquiring an additional 8% shareholding from UAC Nigeria. […]
Red Star Express Plc to raise13.26 billion through Rights Issue
By Financescape Redstar Express Plc a leading courier and logistics company listed on the Nigeria Stock Exchange to raise 13.26 billion additional capital through a rights issue. In a notice released by the Nigeria Stock Exchange, Red Star Red Star Express Plc has through its Stockbroker, APT Securities and Funds Limited has submitted […]
Zenith Bank declare PAT of N88.88 million and 30 kobos interim dividend for half-year 2019
By Financescape Zenith Bank plc one of the tier-one lenders in Nigeria has released its Half-year financial statement for the period ended June 30, 2019. According to the report, Gross earnings grew by 2.9% to N331.590 million from N322.201 million in the corresponding quarter. Profit Before Tax grew by 4% to […]
GTBank declare PAT of N99.1 billion and 30 kobo interim dividend for half-year 2019
By Financescape Guaranty Trust Bank plc one of the leading Banks in Nigeria has released its Half-year financial account for the period ended June 30, 2019. According to the report, Revenue has dropped to N146.4 billion from N160 billion recorded in 2018. The Banks gross earnings drop to N221.9 billion in 2019 […]
Forte oil granted three month extension of AGM date by CAC
By Financescape Forte oil plc has announced that it has received approval for an extension of time to convene it’s 40th Annual General Meeting. The company applies for an extension of time to hold AGM Pursuant to S.213(1)(b) companies and allied matters Act CAP C20 LFN through CAC. The commission has grant approval […]
MTN Communications Plc appoint new Directors
By Hamisu B. s. MTN Communications plc has anounce the ritirement of some of the members of the Board of directors. In a notice send to the Nigeria Stock Exchange and the investing public, MTN stated Following the expiration of their tenure and in compliance with applicable codes of Corporate Governance the under listed […]
Stanbic IBTC Bank Pays N2.5bn following court Judgement
By Financescape Stanbic IBTC Holdings Plc pays the sum of N2.5 billion to Mr Patrick Akinkuotu and Longterm Global Capital Limited. In a Press Release signed by Chidi Okezie Company Secretary, Stanbic IBTC Holdings PLC on Friday, notified stakeholders that its wholly-owned subsidiary, Stanbic IBTC Bank has paid the judgment sum of N2.5bn to […]
Fidson Healthcare Plc Lists 586.36m Rights Issue Shares on NSE
By Hamisu B. S On Monday, 1 July 2019 Nigeria Stock Exchange listed Fidson Healthcare Plc additional 586,360,250 ordinary shares on the Daily Official List. Fidson Healthcare offered of 750,000,000 ordinary shares of 50 kobos each at N4.00 per share on the basis of 1 new ordinary share for every 2 ordinary shares through […]
Dangote Cement Plc announced closed period
By Hamisu B. S Dangote Cement plc has announced that the meeting of the Board of Directors of the company will be held on July 26, 2019, one of the matters scheduled for consideration is the unaudited financial statement for the period ended June 30, 2019. Given this and in line with the provisions […]
Etranzact international announced closed period
By Hamisu B. S Etranzact international announced closed period Etranzact international plc has announced that the meeting of the Board of Directors of the company will be held on July 24, 2019 to consider the company’s financial statement for the half year ended June 30, 2019. Accordingly, in line with the provisions of the rule […]
FORTE OIL PLC: Resignation of General Counsel and company sectary.
By Hamisu B. S FORTE OIL PLC: Resignation of General Counsel and company sectary. Forte oil plc. has announced the resignation of Mr. Akinleye Olagbende as General Counsel and company secretary of the company. The resignation is effective from July 1, 2019. The notification has been send to the Nigeria Stock Exchange and other stakeholders. […]