Nigeria Energy Sector Fund to Distribute N383 Per Unit

The Nigeria Energy Sector Fund has announced a distribution of N383.00 per unit to unitholders, as per a corporate action filing with the Nigerian Exchange Group. This payout is for the period ending March 31, 2025, and follows a strong operational cycle for the fund, which was established in 1998 to address financing gaps in Nigeria’s energy sector.

The fund is managed by SCM Capital Asset Management Limited and has shown strong performance due to its positioning in oil and gas equities, improved fixed-income yields, and disciplined cost management. The qualification date for eligible investors is set for October 16, 2026, with the register closing on October 19, 2026.

Payments will be made electronically on October 21, 2026, to those with active e-dividend mandates. Omololu Ajediran, Managing Director of SCM Capital Asset Management Limited, emphasized the importance of e-dividend registrations for timely payments.

Unitholders are encouraged to complete their registrations via the registrar’s portal or their banks.