Nigeria Energy Sector Fund announces N383 unit distribution
The Nigeria Energy Sector Fund has announced a distribution of N383 per unit to unitholders for the period ended 31 March 2025, with payments set for Octob Read More: https://punchng.com/nigeria-energy-sector-fund-announces-n383-unit-distribution/
The Nigeria Energy Sector Fund has officially announced a distribution of N383.00 per unit for unitholders. This financial payout is part of a corporate action for the period ended 31 March 2025. The closed-end investment fund, managed by SCM Capital Asset Management Limited, has delivered competitive value and medium-to-long-term capital appreciation to its investors.
The fund, established in 1998, has a strong position in oil and gas equities and enhanced fixed-income yields, with disciplined cost management. The upcoming distribution date is set for October 16, 2026, with the closure of the register of members. SCM Capital Asset Management Limited's Managing Director, Omololu Ajediran, emphasized the company's commitment to prioritizing unitholder returns through automated systems.
Investors are encouraged to complete their e-dividend registrations to facilitate direct, hassle-free electronic payments.
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