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OctAradel Holdings Plc has declared an interim dividend of N8 to its shareholders for the period ended 30 September 2024. The qualification date for the proposed dividend is 20 November 2024. To facilitate the payment of the dividend, Aradel’s Registrars, Coronation Registrars Limited, will close the Register of Shareholders on 21 November 2024. The interim dividend will […]
24
JunFidelity Bank Plc has embarked on a significant capital-raising initiative amounting to N127.1 billion through a combined rights and public offer. This move has garnered enthusiastic support from stakeholders across the financial markets, underscoring the bank’s robust growth trajectory and investor-friendly reputation. The offering includes a rights issue of 3.2 billion ordinary shares priced at N9.25 per[…]
20
MayAt its 12th Annual General Meeting held in Lagos, the shareholders of Stanbic IBTC Holdings Plc approved several key capital raising initiatives proposed by the company. The shareholders approved the Board’s proposal for a N400 billion debt issuance program and additional N150 billion in equity capital. For the debt issuance program, shareholders gave the green light for[…]
