Nigeria's leading finance and market intelligence news report.

Regulatory headwinds cast a pall on banks’ future dividends

In the last eight years, Nigeria’s five largest banks have paid a total of N1.25 trillion in dividends to their owners, but the recent stringent rules by the Central Bank of Nigeria (CBN) has cast a pall on future dividend pay-out. “It will reduce their pay-out ratio as the recent crash in yields on fixed-income…



Choose us for news analysis that respects your intelligence, time and money. Subscribe to BusinessDay to read full article

Comments are closed.