Oando Plc has notified Nigerian Exchange and Johannesburg Stock Exchange that it has received an offer from its core shareholder – Ocean and Oil Development Partners Limited – to acquire the shares of all minority shareholders in Oando. The Company will subsequently be delisted from NGX and JSE and re-registered as a private company. In a notice […]
Okomu Oil Palm Company Plc has proposed a final dividend of N12 per share for the year ended 31 December 2022. This is in addition to the N9 paid as interim dividend amounts to a total of N21 dividend payout for 2022 financial year. The Company reported a turnover of N59.324 billion, up by 58.64% from N37.395[…]
The Nigerian stock market on Thursday extends the bullish trend as the All Share Index grew by 1.51% to close at 54,413.21 points from the previous close of 53,603.80 points. The Market Capitalisation appreciated by 1.51% to close at N29.642 trillion from the previous close of N29.201 trillion, thereby adding N441 billion. An aggregate of 973.6 million[…]