First HoldCo Plc has adopted a distribution policy that provides for the payment of at least 60% of its annual net profit to shareholders, subject to audited results and regulatory approvals. Approved on July 28 by the board of directors, this measure could increase the dividend to nearly 15 nairas per share for the 2026...
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Nigeria: First HoldCo establishes a minimum dividend of 60% of annual profit
Amadjiguéne Ndoye
Economic journalist with a Master’s degree in Communication and Journalism from the Higher Institute of Information and Communication Sciences in Dakar (ISSIC). Avid reader and music enthusiast. Feminist at heart and passionate about fashion.
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Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
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