What Is Retained Earnings?
Retained Earnings (RE) are defined as the cumulative net earnings or profits of any company after settling dividend payments. The word retained means that those earnings did not go to shareholders as ...
Retained Earnings (RE) are defined as the cumulative net earnings or profits of any company after settling dividend payments. The word retained means that those earnings did not go to shareholders as ...
Conoil Plc has recently awarded its shareholders with a total dividend payout of N1.73 billion for the year ended December 31, 2022.The company made the announcement last weekend when it released a st...
The Nigerian Exchange Group Plc has proposed an interim dividend of N299 million after an emergency meeting with the Board of Directors. This dividend will be 25 kobo per share to shareholders for the...
With the staggering economy in Nigeria and stocks experiencing major declines, FBN Holdings Plc, a financial services company, has announced that it will raise new capital subject to approval from sha...
In a recent high-profile legal battle, Telkom, the South African telecommunications giant, has emerged victorious against President Cyril Ramaphosa. The court case revolved around Ramaphosa's directiv...
Union Bank Plc recently held a Court Ordered Meeting on June 13, 2023, where several resolutions were passed regarding the acquisition of shares held by minority shareholders. This article discusses t...
In a surprising twist, the shareholders of Toyota have cast their votes in favor of retaining Akio Toyoda as the chairman of the largest car manufacturer globally. This unexpected turn of events has r...
Abbey Mortgage Bank Plc has set its sights on achieving N1.443 billion in gross earnings during the third quarter of 2023, according to the company's earnings forecast obtained from the Nigerian Excha...
In a display of resilience and dedication, shareholders of GlaxoSmithKline Consumer (GSK) Nigeria Plc have wholeheartedly endorsed the proposal to pay a dividend of N657.73 million. The rate of 55 kob...
BUA Foods Plc, a prominent producer of high-quality food products and one of Africa's most valued firms by market capitalization, recently conducted its first annual general meeting at...