Business

Africa Prudential declares N900m dividends, unveils new investment platform

dividends

By Nkiruka Nnorom

Shareholders of Africa Prudential Plc have approved N900 million dividends, which translates to 45 kobo per share, recommended by the Board of Directors for the year ended December 31, 2023.

This is one of the highlights of the company’s 11th Annual General Meeting (AGM) which was held virtually in accordance with Section 11 of the Business Facilitation Act, which permits public companies to hold AGMs electronically.

Meanwhile, the company has unveiled a new investment platform – Invearn, a cutting-edge platform that enables investors to make an informed investment decision and maximise returns.

Addressing stakeholders during the meeting,   Chairman of Africa Prudential, Chief (Mrs) Eniola Fadayomi, said: “The company remains focused on continuous transformation. Our total assets grew to N22.9 billion, representing a 19 percent 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.