In the midst of economic difficulties, Seplat, MTN, and 4 other companies are paying an interim dividend of N167.5 billion in the first half of the year.

Following strong earnings despite macroeconomic challenges, a total of seven companies on the Nigerian Exchange Limited (NGX) have declared a sum of N167.5 billion as interim dividend for the first half (H1) ended June 30, 2022. This is an increase of 30% over the interim dividend of N128.85 billion declared in the corresponding half of 2021. The seven companies are MTN Nigeria Plc, Seplat Petroleum Plc, Zenith Bank Plc, Guaranty Trust Holding Company Plc (GTCO), Stanbic IBTC Holdings Plc, Fidelity Bank Plc and Okomu Oil Palm Company Plc.