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Conoil Proposes N2.00 Dividend Despite Profit Slump from Rising Finance Costs
Conoil Plc has proposed a dividend of N2.00 per share for the 2025 financial year, committing a total payout of N1.387 billion to shareholders despite a significant decline in profitability driven by rising borrowing costs and increased finance expenses. The dividend proposal underscores the company's commitment...
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Conoil Proposes N2.00 Dividend Despite Profit Slump from Rising Finance Costs
Conoil Plc has proposed a dividend of N2.00 per share for the 2025 financial year, committing a total payout of...
FCMB Group Posts ₦202.1bn PBT in 2025, Records ₦87bn in Q1 2026
FCMB Group Plc has reported a profit before tax (PBT) of ₦202.1 billion for the 2025 financial year, underscoring the...
CBN’s Proposed HoldCo Rules: Implications for Banks and Shareholders
The Central Bank of Nigeria’s (CBN) proposed revisions to regulations governing bank holding companies (HoldCos) are poised to reshape the...
UK Launches £15m Growth Programme to Boost Investment, Digital Innovation and Healthcare in Nigeria
The United Kingdom has unveiled a new £15 million Growth Programme aimed at strengthening Nigeria’s economy, attracting more private investment,...
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Technology
SpaceX Makes History as Shares Surge Nearly 30% After Record-Breaking IPO
SpaceX has made a remarkable entrance into the public stock market, with its shares...
