13 h. ago Access Holdings says it can still pay dividends despite CBN restrictions

Access Holdings Plc has clarified its position after the Central Bank of Nigeria told some banks to temporarily stop paying read more Access Holdings says it can still pay dividends despite CBN restrictions

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21 h. ago Zenith Bank suspends dividend, bonuses following CBN directive

Zenith Bank Plc has announced a temporary suspension of dividend payments, bonuses, and further investments in foreign subsidiaries, in response read more Zenith Bank suspends dividend, bonuses following CBN directive

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26 h. ago CBN’s Dividend Suspension Threatens Banks’ Capital Raising Drive – Market Operators

Nigeria’s tier 1 banks are expected to suspend dividend payout over the next three years following the Central Bank of Nigeria (CBN) latest directive for them to rebuild capital buffers and resolve regulatory forbearance exposures. The directive could see dividend payouts suspension is expected to persist until 2028 for several institutions, dampening investor sentiment and […]

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39 h. ago Investors lose N323bn in two days as bears in banking stocks persists

Tribune Online Investors lose N323bn in two days as bears in banking stocks persists On Tuesday, bears persists at the Nigerian Exchange (NGX) as equities investors continued to react to the directive by the Central Bank of Nigeria (CBN) suspending dividend payments, bonus disbursements, and offshore investments for banks under regulatory forbearance. Investors lose N323bn in two days as bears in banking stocks persists Tribune Online

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41 h. ago CBN’s directive on banks dividends, bonuses further rattles stocks

Nigeria’s equities market decreased further on Tuesday by 0.30 percent as the Central Bank of Nigeria (CBN) recent directive to read more CBN’s directive on banks dividends, bonuses further rattles stocks

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42 h. ago CBN’s suspension of banks’ dividend may cause stock market volatility — Securities dealers

Tribune Online CBN’s suspension of banks’ dividend may cause stock market volatility — Securities dealers "Unless an alternative solution is found, this directive may hinder banks' capital-raising efforts, particularly those yet to commence ... CBN’s suspension of banks’ dividend may cause stock market volatility — Securities dealers Tribune Online

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45 h. ago Securities dealers say CBN suspension of banks’ dividend causing stock market volatility

The Association of Securities Dealing Houses of Nigeria (ASHON) has expressed concern over the Central Bank of Nigeria’s (CBN’s) recent read more Securities dealers say CBN suspension of banks’ dividend causing stock market volatility

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50 h. ago Why Access, Zenith, First Bank may pause dividend payment till 2028 — Report

Access Holdings Plc, Zenith Bank Plc, and First Bank Holdings may suspend dividend payments until 2028, as Nigeria’s top banks read more Why Access, Zenith, First Bank may pause dividend payment till 2028 — Report

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50 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 […]

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64 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

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3 d. ago Experts react as CBN suspends dividends of banks under forbearance

Tribune Online Experts react as CBN suspends dividends of banks under forbearance •Shareholders push back The Central Bank of Nigeria’s (CBN) recent decision to temporarily suspend dividend payments by banks has triggered strong and mixed reactions across the financial ecosystem. While financial analysts described it as a prudent move to preserve capital and protect the banking sector’s integrity, shareholders and some market participants are expressing deep concern […] Experts react as CBN suspends dividends of banks under forbearance Tribune Online

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4 d. 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

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4 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.

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8 d. ago NDIC begins payment of liquidation dividends to Premier Commercial Bank creditors after 25 years

From Adanna Nnamani, Abuja Two and a half decades after Premier Commercial Bank was shut down, the Nigeria Deposit Insurance Corporation (NDIC) has officially commenced payment of liquidation dividends to the bank’s verified creditors. Premier Commercial Bank, once a functioning financial institution, had its operating license revoked by the Central Bank of Nigeria (CBN) in […] The post NDIC begins payment of liquidation dividends to Premier Commercial Bank creditors after 25 years appeared first on The Sun Nigeria.

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8 d. ago NDIC begins payment of liquidation dividends to premier commercial bank creditors, 25 years after closure

From Adanna Nnamani, Abuja The Nigeria Deposit Insurance Corporation (NDIC) has commenced payment of liquidation dividends to verified creditors of the defunct Premier Commercial Bank, 25 years after its closure. The bank’s operating licence was revoked by the Central Bank of Nigeria (CBN) on December 20, 2000, due to financial instability and regulatory non-compliance, marking […] The post NDIC begins payment of liquidation dividends to premier commercial bank creditors, 25 years after closure appeared first on The Sun Nigeria.

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