NNDC: Shareholders approve N125 million worth dividends, bonus at AGM

The New Nigeria Development Company Limited (NNDC) shareholders have approved the distribution of cash dividends of N100 million (equating to 20 kobo per share) for the financial year ended 31st March 2021, at its just-concluded Annual General Meeting (AGM). The AGM also approved the distribution of N25 million bonus shares, equating to 1 bonus share for every 20 shares held by the shareholders of NNDC. In addition, the AGM approved an appropriation of N15 million each for the Young Professionals Development Scheme and Musa Bello Learning Centre respectively. The shareholders…

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