Tag: Dividend

Business

Mutual Benefits shareholders approve ₦802m dividend payout

Shareholders of Mutual Benefits Assurance Plc have approved the declaration of a dividend of 4 kobo per ordinary share of 50 kobo each, amounting to a total dividend payout of N802,464,895.88, payable to shareholders. The unanimous decision was taken at the company’s 30th Annual General Meeting, with shareholders approving all resolutions presented at the meeting, […]

Business

Presco approves ₦17.1bn dividend for 2025 financial year

Agro-industrial giant Presco Plc has approved a dividend payout of N17.1 billion to shareholders for the 2025 financial year. This follows resolutions passed at its Annual General Meeting held virtually on September 15, 2026. The resolutions, disclosed in a statement signed by the Company Secretary, Frederick Ichekwai, and filed with the Nigerian Exchange (NGX), also […]

Investment

SEC launches campaign to help Nigerians recover unclaimed dividends

The Securities and Exchange Commission has launched a nationwide awareness campaign to assist investors and beneficiaries recover unclaimed dividends and inherited investments. The initiative is part of efforts to strengthen investor protection and reduce dormant assets in Nigeria’s capital market. The initiative, unveiled on Thursday in Abuja through the Probate/Unclaimed Monies Awareness and Investor Clinic, […]

Banking featured

FCMB shareholders approve ₦23.08bn dividend for 2025

FCMB Group Plc shareholders have approved a total dividend payout of N23.08 billion for the 2025 financial year. Vanguard reported that the approval was given at the company’s 13th Annual General Meeting held in Lagos last week. Shareholders attended both in person and online, and approved all Board resolutions presented at the meeting. The resolutions […]

Business

Access Holdings assures shareholders of dividend resumption, cites conditions

Access Holdings Plc has assured shareholders of the Board’s commitment to resuming dividend payments as soon as the relevant regulatory conditions are satisfied, saying the era of growth for growth’s sake is over. Nairametrics reported that addressing shareholders at the 4th Annual General Meeting held in Lagos on Wednesday, June 10, 2026, the Group Chairman, […]

featured Insurance

AIICO shareholders approve ₦4.4bn dividend, appoint new directors

Shareholders of AIICO Insurance Plc has given the company approval to pay dividend of 12 kobo per share, amounting to N4.4 billion. Vanguard reported that at the company’s annual general meeting in Lagos, the company also appointed three professionals to the Board as Non-Executive Directors: which are Tunde Mabawonku, as a Non-Executive Director, bringing over […]

Business

First HoldCo assures shareholders of dividend payments resumption by year-end

First HoldCo Group Managing Director and Chief Executive Officer, Wale Oyedeji, has told shareholders that dividend payments are expected to resume at the end of the current financial year. Nairametrics reported that he gave the assurance at the company’s 14th Annual General Meeting, held virtually on Friday. Oyedeji said the group’s strong first-quarter performance and […]

Business

Transcorp declares ₦20.3bn dividend to shareholders

Transnational Corporation Plc, Transcorp Group, has declared a total dividend of N20.3 billion, representing N2 per share to its shareholders, at its 20th Annual General Meeting, held at the Transcorp Centre Abuja. The total dividend comprises an interim dividend payment of N4.06 billion, representing 40 kobo per share, paid in August 2025, together with a […]

Banking

Access Holdings explains non-payment of 2025 dividend to shareholders

Access Holdings Plc has reaffirmed its commitment to long term shareholder value and sustainable returns, following a strong performance in the 2025 financial year, while providing clarity on the rationale for the non payment of dividends for the year ended December 31, 2025. The clarification was provided during the Group’s full year 2025 investors and […]

Business

CSCS assures higher returns as ₦8.9bn dividend gets approval

Nigeria’s Central Securities Clearing System Plc has assured its shareholders of higher returns, following the approval of an N8.9 billion dividend at its 32nd Annual General Meeting in Lagos. Giving his assurance, the Chairman of the CSCS Board of Directors, Mr. Temitope Popoola, said the company remains committed to increasing shareholder returns going forward. The […]

Finance

United Capital approves ₦18bn total dividend payout for 2025

United Capital Group, a pan-African investment bank and financial services group, has approved a total dividend payout of N18 billion as shareholder returns for the 2025 financial year. The Group CEO, Peter Ashade, disclosed this in his statement at the company’s Annual General Meeting on Friday, attended by Nairametrics. The board’s proposal of a total […]