Shareholders – Page 2 of 3 – Prime Business Africa

Fidelity Bank Becomes Trillion-naira Company As Market Cap Hits N1 Trillion

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

Prime Business Africa

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

Prime Business Africa

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

Prime Business Africa

May 5, 2025

Transcorp Hotels Enhances Aura Digital Platform To Increase Bookings, Generate More Revenue

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

Prime Business Africa

April 24, 2025

Business

Negative Signal: Board Director, Sola David-Borha, Sells Off All Shares In Stanbic IBTC

The Non-executive director at Stanbic IBTC, Sola David-Borha, sold off all her shares in the financial institution three months after she was re-elected by the shareholders of the company. David-Borha sold 615,812

Fakoyejo Olalekan

September 1, 2023

Access Holdings Plc Reports 71.39% Profit Surge In H1 2023

Business

Access Holdings’ Net Profit Drops N7.19bn, Shareholders Share N46.20bn Dividends

Access Holdings has revealed that its profit after tax plummeted in 2022, as the financial institution closed last year with N152.90 billion. The net profit dropped by N7.19 billion between January to

Fakoyejo Olalekan

April 20, 2023

Business

MTN Nigeria’s Momo Plans To Merge With Digital Financial Limited

The payment firm of MTN Nigeria, Momo Payment Service Bank Limited, will be merged with Yello Digital Financial Services Limited (YDFS). In a corporate document on Friday, MTN Nigeria said the board

Fakoyejo Olalekan

March 17, 2023

Financial Obligations Force MTN Nigeria To Borrow N125bn From Commercial Paper Investors

Business

MTN Nigeria Proposes New Dividend Plan To Save Firm’s Retained Earnings

MTN Nigeria’s board of directors have proposed a scrip dividend plan that will see the company’s shareholders convert their dividends into shares instead of cash. The telecommunications company wants shareholders to limit

Fakoyejo Olalekan

March 17, 2023

Business

Ardova Suffers Investor Apathy, Oil Firm’s Shareholders Lose Investments

On Monday, 6 February 2023, Ardova announced that its majority investor, Ignite Investments & Commodities Limited, has offered to buy out its minority shareholders. Ignite Investments tabled N17.38 per share offer to

Fakoyejo Olalekan

February 13, 2023

Stanbic IBTC Fined N159 million For Earnings Misinformation, Hoarding Export Proceeds, Others

Business·Insights

Stanbic IBTC To Pay N19.43 billion Of Its Net Profit To Investors In Dividend Season

Stanbic IBTC management have proposed an interim dividend payout of N1.50kobo per share to shareholders of the financial institution for the period ended June 2022, after recording 36.04% growth in net profit

Fakoyejo Olalekan

August 24, 2022

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Shareholders - Page 2

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

Negative Signal: Board Director, Sola David-Borha, Sells Off All Shares In Stanbic IBTC

Access Holdings’ Net Profit Drops N7.19bn, Shareholders Share N46.20bn Dividends

MTN Nigeria’s Momo Plans To Merge With Digital Financial Limited

MTN Nigeria Proposes New Dividend Plan To Save Firm’s Retained Earnings

Ardova Suffers Investor Apathy, Oil Firm’s Shareholders Lose Investments

Stanbic IBTC To Pay N19.43 billion Of Its Net Profit To Investors In Dividend Season

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