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Shareholders - Page 2

First Bank Changes Names Of Its Subsidiaries In UK, Some Sub-Saharan African Countries

First HoldCo’s Shareholders Lose N67bn After Report Of Oba Otudeko’s Impending Exit

First HoldCo’s shareholders lost over N67 billion on Friday, June 13, amid reports that two majority investors in the company, Oba Otudeko and the Leadway Assurance/Olukayode Odukale bloc, plan to sell off their stakes in the company. According to a report on

June 13, 2025

Dangote Cement, Rand Merchant Bank Begin Commercial Paper Issuances On FMDQ Exchange

Business·Top Stories

Lafarge Shareholders Gain N215bn As Dangote, BUA Cements Struggle To Attract Investors

Dangote Cement and BUA Cement have not had an impressive outing in the second quarter (Q2) of 2025 compared to their market rival, Lafarge Wapco, according to analysis by Prime Business Africa. This publication gathered that stock market investors are not bullish

June 10, 2025

Business·Top Stories

Seplat’s Financial Performance Fails To Save Shareholders From N432bn Loss

Despite an impressive financial performance in the first quarter (Q1) of 2025, Seplat is struggling to attract stock market investors in the second quarter, according to Prime Business Africa’s analysis. In the last four weeks, the value of investments held by Seplat’s

June 5, 2025

Business·Top Stories

Champion Brew’s Majority Shareholder Sells Off 350m Shares, Profits From Bullish Run

Raysun Nigeria Limited, the majority shareholder of Champion Brew, has sold 350 million shares in the brewer to reduce its stake by 3.91 percent in the first quarter (Q1) of 2025. Prime Business Africa gathered that Raysun Nigeria Limited held 7.17 billion

May 27, 2025

Business·Top Stories

MTN Nigeria Shareholders Lose N104.97bn After Board Member Sells Off Shares

MTN Nigeria shareholders lost N104.97 billion combined within five days after Eyitope Kola-Oyeneyin, a board member, sold her stake in the telecommunications company on Monday, May 19. Kola-Oyeneyin sold the shares five months after she was appointed as a member of the

May 26, 2025

Business·Top Stories

With N1.36bn Gain, Berger Paints Shareholders Profit From Robust Bottom Line

Berger Paint is having a positive run in the second quarter, with stock market investors bullish on its shares after reporting an impressive financial return for Q1 2025. Shareholders have recorded a 24.93 percent appreciation in their investments in the last month

May 23, 2025

Business·Top Stories

Fidelity Bank Shareholders Lose N107bn As Court Issue Affects Investors’ Confidence

Fidelity Bank is battling a decline in investor confidence amid a court battle over N225 billion in damages awarded to a Nigerian firm, Sagecom Concepts Limited, against the lender and G. Cappa Plc. On Monday, May 19, reports regarding the court order

May 22, 2025

Business·Top Stories

CAP’s Shrinking Bottom Line Hurts Shareholders

Chemical and Allied Products Plc (CAP) has been struggling to attract stock market investors in the second quarter (Q2) of 2025, compared to its industry rival, Berger Paints. According to Prime Business Africa’s analysis, CAP’s share price has declined by 14.89 percent

May 21, 2025

Business·Top Stories

Austin Laz’s Liquidity And Machine Problem Costing Shareholders Their Investments

Within two weeks, Austin Laz’s shareholders lost 18.18 per cent of their investment as the aluminium roofing sheets producer announced it failed to record any revenue in the first quarter (Q1) of 2025. In a statement dated April 22, 2025, Austin Laz,

May 5, 2025

Business·Top Stories

Transcorp Hotels shareholders Gain N198bn As Ikeja Hotel Investors Lose N4.43bn

Transcorp Hotels outperformed Ikeja Hotel in the Nigerian stock market in the first quarter (Q1) of 2025, according to analysis by Prime Business Africa. It was gathered that Transcorp Hotels’ shareholders saw their investments in the company appreciate by 16.68 per cent,

April 24, 2025

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Shareholders - Page 2

First HoldCo’s Shareholders Lose N67bn After Report Of Oba Otudeko’s Impending Exit

Lafarge Shareholders Gain N215bn As Dangote, BUA Cements Struggle To Attract Investors

Seplat’s Financial Performance Fails To Save Shareholders From N432bn Loss

Champion Brew’s Majority Shareholder Sells Off 350m Shares, Profits From Bullish Run

MTN Nigeria Shareholders Lose N104.97bn After Board Member Sells Off Shares

With N1.36bn Gain, Berger Paints Shareholders Profit From Robust Bottom Line

Fidelity Bank Shareholders Lose N107bn As Court Issue Affects Investors’ Confidence

CAP’s Shrinking Bottom Line Hurts Shareholders

Austin Laz’s Liquidity And Machine Problem Costing Shareholders Their Investments

Transcorp Hotels shareholders Gain N198bn As Ikeja Hotel Investors Lose N4.43bn

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