Browsing: AGM

Unanimously, the shareholders approved N272.6 billion as dividend, translating to N16 per share for the year ended December 31, 2020. The 16 per cent increase in the company’s revenue led to a 36 per cent increase in its earnings per share of N16.14 as against N11.29 in 2019.

This was after the NSE received a complaint by Bernateva Partners – the solicitor to Eaton Acquisitions Limited, a major shareholder in NEM Insurance Plc – to reverse the decisions reached at the Annual General Meeting held in Ibadan, Oyo State in June 2018.

The AGM, which will hold at Hamdala Hotel, Kaduna, shall be preceded by a Public/Memorial Lecture in honour of one of the founding fathers of the Chapter, late Consultant Aliyu, who passed on last year.