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Shareholders Smile as Listed Firms Declare N1.1trn in Dividends
The Business NG
|The BusinessNG
TheinDrities and Exchange Commission (SEC) has revealed that companies listed on the Nigerian Exchange declared a combined N1.1 trillion in dividends to shareholders in 2024.
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Out of this amount, N1 trillion has already been disbursed, a development the Commission attributes to growing market confidence and stronger investor returns.
Speaking during the Q1 2025 Capital Market Committee (CMC) meeting in Lagos, SEC Director-General, Dr. Emomotimi Agama, said the surge in dividend payouts reflected a resilient and increasingly attractive capital market environment.
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