Shareholders of nation’s total energy provider Conoil Plc, at the weekend, reportedly approved the proposed final dividend payout of N1.734 billion, which translates to N2.50 per share, for the 2021 financial year. The dividend payment ratified at the company’s 52nd Annual General Meeting held in Lagos, according to a statement from the company, “represents an increase of 66.7 percent over the approved dividend payment of N1.04 billion in the 2020 financial year.” Conoil had assured the shareholders of its commitment to continue to deliver strong and sustainable performance that would…
Read MoreConoil Pays N1.73bn Dividends, Posts 13.7% Profit Surge
