Tag: #ShareholderReturns
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GUINEA INSURANCE LAUNCHES N5.8BN RIGHTS ISSUE TO BOOST GROWTH
Capital raise aimed at stronger operations, tech investments, and better returns. Guinea Insurance Plc has kicked off a N5.8 billion Rights Issue, offering 5.295 billion shares at N1.10 each—two new shares for every three held—to strengthen its capital base and fund expansion. Chairman Temitope Borishade said the move aligns with the company’s vision to scale…
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DANGOTE CEMENT PAYS N3.3 TRILLION IN DIVIDENDS OVER 15 YEARS, PLANS BIGGER EXPANSION
Dangote Cement celebrates strong shareholder returns and ambitious growth to boost Africa’s self-sufficiency. Dangote Cement announced it has paid N3.3 trillion in dividends over 15 years, assuring sustained returns under new Chairman Emmanuel Ikazoboh. CEO Arvind Pathak revealed expansion plans to reach 66.4Mta capacity by 2030 with projects in Côte d’Ivoire, Itori, and Ethiopia, backed…
