At its 30th Annual General Meeting held on May 28, 2025, Aradel Holdings Plc approved an upward review of directors’ fees, with the annual remuneration of the Board Chairman rising from $55,000 to $68,750.
The update was contained in a corporate disclosure filed with the Nigerian Exchange (NGX), which also revealed that shareholders approved an increase in the chairman’s sitting allowance from $2,100 to $2,625 per meeting.
Similarly, non-executive directors will now earn $40,500 annually, up from $32,400, while their sitting allowance was raised from $1,100 to $1,375 per meeting.