He said: “We remain steadfast in our objective of balancing immediate shareholder returns with the need to retain sufficient capital to support long-term expansion, strengthen our competitive positioning and optimise value creation for all stakeholders.”

Group Chief Executive, Ladi Balogun, described 2025 as a transformative year for the company, saying collaboration across its businesses was a major driver of its performance.

Balogun also said the completion of the group’s recapitilisation programme

has positioned the organisation for its next phase of long-term growth.