#dividend

Equity Group shareholders have approved a KSh 21.7 billion dividend payout, representing a 35.5% increase from 2024. Additionally, the shareholders authorized the establishment of three new insurance subsidiaries in Kenya and the Democratic Republic of Congo.

TotalEnergies Marketing Nigeria Plc announced it will not pay a dividend for the financial year ending December 31, 2025, due to significant challenges in the downstream petroleum industry. The company reported a loss after tax of N13.853 billion, a reversal from a profit of N27.496 billion in the previous year, attributed to the ongoing petrol price war.