My people! You don hear wetin Geregu Power dey gree do? Them don drop bombshell wey go sweet investors like sugar!
As dem hold meeting on January 15, 2026, the board of Geregu Power gather shine eyes, approve their financial report wey finish for December 31, 2025. Na wetin we dey talk here be say dem don suggest dividend of N9 per ordinary share. Omo, that one fit make mouth water!
For those wey dey collect dividends, this one go mean say dem fit pocket N22.5 billion, na wetin be 5.9% increase from wetin dem pay last year weh be N8.50 per share. You fit see say dem dey move gingerly to improve the shareholder’s pocket. Na sure bet now, as long as shareholders gree on top this recommendation during di upcoming Annual General Meeting.
The company highlight how dem take develop their wallet with strategic moves and better financial management. According to dem, the move na reflection of wetin dey happen for their books! E no just be talk o, no be wetin dem dey call ‘big man talk’.
With this kind report, investor sentiment go dey dance for Geregu, as dem no wan see anything wey go spoil dem chances. E mean say Geregu don manage dem costs well and dem dey use dem assets like proper bosses. Na so e suppose be, as dem dey ride under di power generation sector. Things dey look bright and if dem fit implement this dividend, e fit ginger many investors to jump enter the ship!
For back of this dividend opium, make I yarn you something wey dey happen for the company. Former chairman, Femi Otedola, don gree sell him 95% stake to MA’AM Energy for whopping $750 million. Omo, if na me, I go take any offer wey no go make me cry! Dis new majority owner dey ready to follow and propel Geregu to new heights, e go better wey we no fit talk!
As we go dey shout “Geregu Power, you too much!” make we also dey alert for dat N500 billion wey Federal Government dey plan release fix power sector wahala. With all dis financial moves, na so investors dey look this company wey don show strong signs. With dem profit after tax don jump small-small to N25.1 billion, you fit see say running power no dey follow joke!
Overall, as we dey lock up this gist, we fit talk say Geregu Power dey shine like brighter tomorrow. E get as dem dey carry everybody along with these financial plans. Each time dem dey win, na we investors dey chop small! Make we dey watch as shareholders go gather chop this divine N9 approval wey dey wait for dem.
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