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Conoil proposes N1.39 billion dividend despite 77% profit slump in 2025

Conoil Plc has proposed a dividend of N2.00 per share for the 2025 financial year, amounting to a total payout of N1.387 billion, despite reporting a sharp decline in profitability as rising borrowings and finance costs weighed heavily on earnings.
The post Conoil proposes N1.39 billion dividend despite 77% profit slump in 2025 appeared first on Nairametrics .

Source: Nairametrics

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