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Tag Archives: Dividends

UBA Shareholders Approve 2017 Final Dividend Of N22.23bn

United Bank for Africa ( UBA ), on Monday endorsed the payment of N22.23 billion final dividend declared by the board for the financial year ended Dec. 31, 2017. The shareholders gave the approval at the bank’s 56th Annual General Meeting held in Lagos. The final dividend translated to 65k per share when compared with final dividend of 55k paid ...

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Nigeria’s Democracy Not Delivering Dividends – Jega

Prof. Attahiru Jega, on Friday said Nigeria’s democracy was not delivering dividends to the people due to politicians autocracy. He attributed the situation to “politicians’ autocracy’’, saying that democracy was not thriving in Nigeria because of the autocratic nature of politicians, “who obviously were connected to military rule. Jega made this known while contributing in a panel discussion on “Three ...

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Stock Market Rebounds On Dividend Expectations

The Nigerian equities market returned to positive territory last week as the Nigerian Stock Exchange (NSE) All-Share Index (ASI) rose by 0.40 per cent compared with a decline of 0.39 per cent the previous week. Despite the release of   poor quarterly corporate performance by some companies, investors ignored those results and took position ahead of   dividend payment for the year ended December 31, 2016. Consequently, ...

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