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Berger Paints has declared a substantial increase in final dividends for the fiscal year 2025, with the final payout rising to N1.25 per share following a remarkable profit surge. This move comes after an already generous interim dividend distributed earlier this year.
MTN Group has announced a return to profitability, attributing its annual profit growth to strong performance in Nigeria. The telecommunications company also revealed plans to enhance dividends and implement a share buyback strategy to benefit shareholders.
Recent impressive financial reports and dividend announcements from major firms on the Nigerian Exchange signal a positive market trend. Analysts expect significant price movements this week as more earnings data is awaited.
MTN Nigeria has announced a post-tax profit of N1.1 trillion for 2025, marking a significant recovery after two challenging years characterized by losses resulting from currency reforms. The telecom giant's turnaround is bolstered by a tariff increase and a surge in data revenue.
Seplat Energy has recorded a significant revenue increase of 150.4%, reaching N4 trillion for the year 2025, despite a moderate rise in profit. The company, listed on both the Lagos and London stock exchanges, also declared dividends for the fourth quarter.
