Conoil Plc will be paying about N2.43billion as final dividend for the year ended December 31, 2024.

The company which has 693,952,117 shares outstanding has proposed a final dividend of N3.50kobo to be paid to shareholders whose names appear in the Register of Members as at the close of business on Friday November 21.

Nigerian billionaire, Mike Adenuga (Jr) who is also the chairman of Conoil Plc indirectly owns 103,259,720 shares of Conoil Plc. This implies that he will be paid

… share price hits 52-week low

Conoil Plc will be paying about N2.43billion as final dividend for the year ended December 31, 2024.

The company which has 693,952,117 shares outstanding has proposed a final dividend of N3.50kobo to be paid to shareholders whose names appear in the Register of Members as at the close of business on Friday November 21.

Nigerian billionaire, Mike Adenuga (Jr) who is also the chairman of Conoil Plc indirectly owns 103,259,720 shares of Conoil Plc. This implies that he will be paid