5 h. ago Banking Stocks Plummet On CBN’s Directive To Suspend Dividends, Bonuses

Following the Central Bank of Nigeria (CBN) directive suspending dividend payments, bonus disbursements, and offshore investments for banks under regulatory forbearance, the Nigerian Exchange (NGX) Banking index yesterday declined by 3.98 per cent. This is as investor sentiment weakened amid concerns over earnings retention and capital constraints within the banking sector. While the benchmark index […]

Politics

20 h. ago Here’re analysts views on CBN’s suspension of banks dividend, bonuses

Local and foreign analysts are sending in their views on the recent decision of the Central Bank of Nigeria (CBN) read more Here’re analysts views on CBN’s suspension of banks dividend, bonuses

Politics

69 h. ago CBN halts banks’ dividend payments, bonuses, foreign investments amid regulatory review

CBN has directed banks to temporarily suspend the payment of dividends to shareholders, defer the payment of bonuses to directors. read more CBN halts banks’ dividend payments, bonuses, foreign investments amid regulatory review

Politics

3 d. ago CBN halts profit sharing, overseas investments for banks under special support

The Central Bank of Nigeria (CBN) has temporarily suspended the payment of dividends, executive bonuses and foreign investments by banks currently under regulatory forbearance. This is part of a strategy to reinforce financial discipline and protect the stability of the banking sector. The directive affects only those banks that are receiving temporary regulatory relief, commonly […] The post CBN halts profit sharing, overseas investments for banks under special support appeared first on The Sun Nigeria.

Politics

3 w. ago TotalEnergies pays N13.58bn dividend as shareholders demand bonus

TotalEnergies Marketing Nigeria Plc has paid N13.58billion dividend following the approval of its shareholders at the 47th Annual General Meeting read more TotalEnergies pays N13.58bn dividend as shareholders demand bonus

Politics

4 w. ago Shareholders demand bonus shares as TotalEnergies approves N13.58bn dividend

From Chukwuma Umeorah Shareholders of TotalEnergies Marketing Nigeria Plc have renewed calls for bonus shares, citing the company’s strong financial performance over nearly two decades. The demand was raised at the 47th Annual General Meeting (AGM) in Lagos, where a ₦40 per share dividend for 2024, totalling ₦13.58 billion, was approved—a 60% increase from ₦25 […] The post Shareholders demand bonus shares as TotalEnergies approves N13.58bn dividend appeared first on The Sun Nigeria.

Politics