Author: Ogochukwu Ndubuisi

Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

Seplat Energy Pays Shareholder Special Dividend Mr Basil Omiyi, the Chairman of Board, Seplat Energy, said the company’s total revenue rose by 29.8 per cent to $951.8 million as at financial year ended Dec. 31, 2022. Omoyi said this during his address at the company’s 10th Annual General Meeting (AGM) held virtually on Wednesday with shareholders, regulators, company directors, and the media. He also said that the profit before tax rose by 15.3 per cent to $204.4 million during the period under review. The Seplat Energy Board recommended a special dividend of U.S. five cents per share to be paid…

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Geregu Power Delivers Impressive Return on Investment Top performing stocks give investors capital gain and the opportunity to share the company’s profit. And, Geregu Power Plc has done both as the stage has been cleared for the company to create wealth for shareholders again in 2023. The power company delivered a 95% return on capital investment from the beginning of the year to date. What is the market holding next? Geregu Power is investing to boost capacity and it actually brought a strategic investor to its board – Fund for Export Development in Africa (FEDA). Management told the Nigerian Exchange…

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Zenith Bank Valuation Rises after Record Breaking Dividend Payment Zenith Bank Plc’s share price gained about 7% after the group raised the bar with its skyrocketed dividend payment to shareholders following approval at its annual general meeting. At its annual general meeting, shareholders approved the proposed final dividend payment of N2.90 per share, bringing the total dividend for the financial year 2022 to N3.20 per share. With over 31.396 billion shares outstanding, Zenith Bank doled out a total sum of N100.47 billion as dividend payment for the year. The bank’s share price moved positively, thus pushing the lender’s valuation back…

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