Recapitalisation: Banks may consider jumbo dividend payments, say analysts
punchng.com - 2024-04-09T00:00:59.000Z

Some analysts are projecting that banks may incentivise their shareholders with jumbo dividend payouts ahead of their capital-raising endeavours to meet the new requirements of the Central Bank of Nigeria. In March, Nigeria’s apex bank issued a circular, announcing the review of the capital requirements for the operations of commercial, merchant and non-interest banks and Read More

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Zenith Bank to pay N109bn dividend
The shareholders of Zenith Bank would get about N109.88bn as dividends for the 2023 financial year. This was disclosed in the annual report, which was filed with the Nigerian Exchange Limited on Monday. Announcing the dividends, the bank, which is in the process of transitioning into a holding company, said, “The Board of Directors, pursuant Read More
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Here's why it could be better to buy Series I bonds before May, experts say
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Bank of England to cut rates in May, Morgan Stanley says, retaining contrarian call

Zenith Bank to pay N109bn dividend

Here's why it could be better to buy Series I bonds before May, experts say