• Wednesday, May 15, 2024
businessday logo

BusinessDay

Northern Nigeria Flour Mills proposes 15kobo as final dividend

Wheat-farming

The board of directors of the Northern Nigeria Flour Mills has announced its 48th Annual General Meeting (AGM) will hold on September 8, 2020 in Kano City, Kano State. The board has equally recommended N0.15 per share as the final dividend subject to approval at the AGM.

And if approved, dividend payment will be made on September 10, 2020 whereas the register of members will close on Monday 24 August 2020.

The board of the company listed nine proxies among whom shareholders should choose from to vote on their behalf in line with the guidelines issued by the Corporate Affairs Commission (CAC).

The individuals are Rabiu Ibrahim Gwarzo, Sani Umar, Gert Kriek and Borodo Isa Mohammed. Others are Nwabughogu Bright, Musa Shittu, Rabiu Danmadara, Patrick Ajudua and Shehu Abdullah Tsoho.