11 pays N3.2b dividends as profit hits N26.6b

The Nation Newspaper 11 pays N3.2b dividends as profit hits N26.6b

have approved the payment of N3.2 billion as cash dividends for the 2023 business year as the oil and gas company recorded a significant rise in revenue.

At the Annual General Meeting in Abuja, Kansagra, who was represented by non-executive director, Ahaji Abdulkadir Amunu, said company recorded a total revenue of N526.6 billion last year. Managing Director, 11 Plc, Adetunji Oyebanji, highlighted the company’s focus on marketing white oil and gas products amidst the challenges faced in the downstream sector.

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