A quick run through notable corporate announcements today.
– Stanbic IBTC Holdings PLC appointments
Stanbic IBTC Holdings PLC has made the following new appointments for its various units.
- Ndidi Nwuneli (Independent non-executive director) …. Stanbic IBTC Holdings PLC
- Yinka Sanni (Non-executive director) ….. Stanbic IBTC Holdings PLC
- Funeka Montjane (Non-executive director)……. Stanbic IBTC Bank PLC
- Efe Omoduemuke (Executive director) ……….. Stanbic IBTC Asset Management
- Joyce Dimpka (Non-executive director) …. Stanbic IBTC Insurance Brokers
- Temitope Popoola (Executive director) ………..Stanbic IBTC Insurance Brokers Limited
- Oladele Sotubo (Executive director) ……………Stanbic IBTC Capital Limited
- Titi Ogungbesan (Chief executive) ………………Stanbic IBTC Ventures.
The chief executive of Stanbic IBTC Holdings, Demola Sogunle, said: “These appointments represent a significant milestone in the flight plan of Stanbic IBTC as we continue to position ourselves as a leader in the Nigerian financial services industry. The newly appointed directors bring a wealth of multi-dimensional experience, diverse perspectives, and a deep commitment to driving excellence and innovation.”
– Cutix earnings forecast
Cutix Group has released its earnings forecast for the second quarter of its financial year 2024, which ends October 31.
The electrical equipment maker expects 10% increase in revenue and profit before tax at N408 million.
It puts profit (or loss) after tax at N275.7 million.
Cutix produces wiring cables, metal products, feeder pillars etc.
– Learn Africa dividend
Learn Africa Plc has announced a proposed final dividend of 25 kobo for the period ended March 31.
Shareholders on the company’s register by September 8 will qualify.
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