Africa Prudential Paying N900m Dividend to shareholders

The Africa Prudential Plc has unveiled a new investment platform that enables investors to make an informed investment decision and  maximise returns 

The insurer also approved N900 million dividends to the shareholders, which translates to 45 kobo per share, as recommended by the Board of Directors for the year ended December 31, 2023. 

The company disclosed this during its 11th Annual General Meeting (AGM) which was held virtually by Section 11 of the Business Facilitation Act, which permits public companies to hold AGMs electronically. 

The Chairman of Africa Prudential, Chief (Mrs) Eniola Fadayomi, told the stakeholders during the meeting that the company remains focused on continuous transformation. 
She said “Our total assets grew to N22.9 billion, representing a 19 per cent increase over the previous year’s figure of N19.2 billion. This growth is a testament to the priority we place on meeting shareholders’ expectations.