Nigerian Banks Pay Out N135bn Dividends Amid Economic Challenges   Four of Nigeria’s leading financial institutions—United Bank for Africa, Zenith Bank, Guaranty Trust Holding Company, and Stanbic IBTC Holdings—have rewarded their shareholders with interim dividends amounting to about N135.49bn for the half-year ended June 30, 2025. The...

No Dividends, No Excuses: CBN’s Tough Love for Nigerian Banks, by Rahma Olamide Oladosu   There are moments in the life of an economy when hard decisions must be made not for applause or popularity, but to preserve the future. One such moment has arrived in...

NGX: Stakeholders To Receive N491m Maiden Dividend   Shareholders of Nigerian Exchange Group (NGX Group) will receive N491 million as interim cash dividend, the first payout to be made by the group after it transited to a profit-making entity. The Board of Directors of NGX Group, after...

NDIC Verifies Payment Of Liquidation Dividends To 20 Closed Banks   The Nigeria Deposit Insurance Corporation (NDIC) has commenced verification of depositors of the 22 closed banks for payment of their liquidation dividends. This was stated by the Managing Director/Chief Executive of NDIC, Bello Hassan, at the...

NAICOM Issues Conditions For Payment Of Dividends To Insurance Sector Investors   The National Insurance Commission (NAICOM) has listed conditions under which payment of dividends to shareholders in insurance shares will be made. NAICOM said any dividend distribution shall be subject to submission of prior written application...

SEC To Sanction Stakeholders Over Unclaimed Dividends The Securities and Exchange Commission (SEC), says it will sanction stakeholders whose actions are frustrating its efforts toward reducing the volume of unclaimed dividends. Mr Lamido Yuguda, the Director-General of SEC, said this at a post Capital Market Committee...