Author Archives: Ruth Omoteso

Guaranty Trust Holding Company (GTCO) declared a final dividend of N2.70 to its shareholders for 2021 financial year. The Audited Financial statement of the financial institution shows year on year decline in its top line and bottom line figures. Gross Earnings of N447.81 billion was reported for the 12 months period, down by 1.63% from N455.23 billion […]

Sterling Bank Plc has notified the investing public of the retirement of Dr. (Mrs.) Omolara Akanji and the resignation of Mr. Emmanuel Emefienim from the Board of Sterling Bank Plc (the Bank). Dr. (Mrs) Omolara Akanji retired as an Independent Non-Executive Director after 8 (eight) years of meritorious service to the Bank while Mr. Emefienim had served[…]

The much anticipated Audited Financial statements of quoted companies started hitting the the Nigerian stock market last week. Interestingly most these stocks have surprised the market by increasing their dividend pay-out as against the previous year; while some retained what they paid the previous year. The following stocks released their audited reports last week: Zenith Bank, Dangote[…]