Publicly listed companies with foreign majority ownership on the Nigerian Exchange (NGX) repatriated approximately $2.8 billion to their parent firms between 2020 and 2024. These multinationals collectively paid about N1.34 trillion in dividends during the five-year period under review.
However,
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David Olujinmi
David Olujinmi is a financial journalist, with a knack for reporting and analysing the capital markets. He has experience in reporting the Nigerian and African financial scene.
With a Bsc in Chemical Engineering from the Obafemi Awolowo University, he has a significant grasp of numbers that has aided his understanding of the financial context.
