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flag Geregu Power proposes N9/share dividend for 2025, up 5.9%, pending shareholder approval.

flag Geregu Power Plc has proposed a N9 per share dividend for 2025, totaling N22.5 billion, a 5.9% increase from 2024, pending shareholder approval at its upcoming AGM. flag The recommendation follows the board’s approval of audited 2025 financial statements and the lifting of an insider trading blackout period. flag The company reported a 3.8% rise in profit after tax to N25.1 billion for the first nine months of 2025, driven by a 16.8% revenue increase to N131.5 billion. flag Total assets reached N273.2 billion, up 21.4% from 2024. flag The dividend comes after former majority owner Femi Otedola sold his stake to Ma’am Energy Limited in a $750 million deal.

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