First HoldCo Plc, the parent company of First Bank of Nigeria, said it will be seeking shareholders’ approval to raise up to N253.099 billion in fresh capital. The move comes as the group pursues a target of reaching a N1 trillion paid-up capital base comprising share capital and share premium, reports Channels TV. The fundraising […]
•Exterior of Unilever Benelux, on the Hofplein Unilever Nigeria Plc has approved N18.67 billion for shareholders as dividend for the 2025 financial year. Shareholders approved a final dividend of N3.25 per share, amounting to N18,671,267,605.25, subject to applicable withholding tax and statutory deductions, reports Channels TV. The approval w...
Three more shareholders of FBN Holdings Plc have urged the Federal High Court in Lagos to stop the proposed Annual General Meeting billed for November 14. Olojede Solomon, Adebayo Abayomi and Ogundiran Adediran – the third, fourth and fifth defendants/applicants, in a fresh application, are asking the court to restrain the bank from proceeding...
•Dr Ebenezer Onyeagwu, Jim Ovia, CFR and Dame (Dr) Adaora Umeoji, OON Shareholders of Zenith Bank Plc, at the 33rd Annual General Meeting (AGM) held at the Civic Centre, Victoria Island, Lagos, yesterday, Wednesday, May 8, 2024, approved the proposed final dividend payment of NGN3.50 per share, bringing the total dividend for the 2023 financia...
Photo caption: The Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR (Centre) flanked by the Group Managing Director/Chief Executive, Dr. Ebenezer Onyeagwu (Right) and the Deputy Managing Director, Dame (Dr.) Adaora Umeoji, OON (Left) during a court-ordered Extraordinary General Meeting (EGM) held virtually from the Zenith Heights, Zenith...

