High Street

                               Shareholders of Zenith Bank Plc. yesterday approved final dividend of N55.573 billion for the year ended December 31, 2016, bringing the total payout to N63.422 billion. The dividend, which translates to N1.77 per share was paid out of N129.65 billion recorded for the year. The shareholders gave the approval at the Annual General Meeting (AGM) held in Lagos. In all, the bank paid a total dividend of N63.422 billion, having paid an interim dividend of N7.849 billion before now. In approving the

There are fresh indications as to why Diageo Plc, the parent company of Guinness Nigeria Plc, failed in its bid to increase its share capital in the brewery giant. It may be recalled that Diageo had in mid September 2015 announced its intention to make an offer through its wholly owned subsidiary, Guinness Overseas Limited for up to 15.7% of the share capital of Guinness Nigeria Plc. The