WorldStage Newsonline– McNichols Consolidated Plc, manufacturers of a range of fortified sugar products which includes granulated sugar, cube sugar, icing sugar and baking sugar has approved a dividend of 3kobo to shareholders for the financial year ended December 31, 2019.
The approval was made at the Annual General Meeting of the company by proxy on 5th August 2020 at Pancake House Journalist Estate Road, Arepo, according to a note sent to the Nigerian Stock Exchange (NSE).
According to the note, Mr Olusegun Layode’s appointment as a director was approved at the AGM while Mr Ozurumba Afigbo and Mrs Nneka Briggs were reelected as directors.
The company’s head office is in Lagos, Nigeria also produces a range of chocolate powder and custard powder.
