Tag: Geregu Power

Electricity

Geregu Power posts 1.7% rise in pre-tax profit

Geregu Power Plc, a major player in Nigeria’s electricity generation sector, recorded a modest increase in pre-tax profit to N41.98 billion for the year ended December 31, 2025, representing a 1.74 per cent rise from N41.26 billion in 2024. Pre-tax profit for the fourth quarter of 2025 stood at N9.56 billion, down from N11.78 billion […]

Business

Geregu Power board proposes N9 dividend per share

The board of directors of Geregu Power Plc has proposed a dividend of N9 per ordinary share. In a statement signed by company secretary Gbeminiyi Shoda, the board also approved the company’s audited financial statements for the year ended December 31, 2025. The approvals were made during a board meeting on January 15, 2026. “Recommendation […]

Geregu Power Plc raises final dividend to N8.50/share
News

Geregu Power Plc raises final dividend to N8.50/share

Geregu Power Plc has declared a final dividend of N8.50 per ordinary share for the financial year ending December 31, 2024, marking an increase from the N8.00 per share paid in the previous year. The announcement was disclosed in a corporate action notice received by Nairametrics. According to the statement, shareholders listed in the company’s […]

Geregu Power Plc raises final dividend to N8.50/share
Energy

Geregu Power seeks shareholders’ approval for corporate governance boost

Geregu Power is seeking shareholders’ approval to amend its Memorandum and Articles of Association to boost corporate governance and investor confidence. This was disclosed in a notice it filed with the Nigerian Exchange Limited during the Annual General Meeting on Thursday, according to The Punch. The power generating company said that it would be seeking […]