32 h. ago Recapitalization watch: Nigerian banks tread carefully between capital targets and dividend payouts

Tribune Online Recapitalization watch: Nigerian banks tread carefully between capital targets and dividend payouts As Nigerian banks race to meet the Central Bank of Nigeria’s (CBN) new recapitalization requirements, a growing tension is emerging: how to comply with stringent regulatory benchmarks while maintaining attractive dividend payouts for shareholders. In the latest edition of Proshare’s Bank Recapitalization Watch, several lenders have made progress in their capital-raise programmes, although many are […] Recapitalization watch: Nigerian banks tread carefully between capital targets and dividend payouts Tribune Online

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41 h. ago Jaiz Bank records 109% profit surge, declares 7kobo dividend

Appoints Indimi, Kolawole to strengthen board Jaiz Bank Plc, Nigeria’s pioneer non-interest bank, has announced a remarkable 108.99 percent growth read more Jaiz Bank records 109% profit surge, declares 7kobo dividend

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7 d. ago Oil prices sink below $67 as Iran backs off Strait of Hormuz retaliation

Global crude oil prices have plummeted below $67 per barrel, following Iran’s decision not to block the Strait of Hormuz in response to recent U.S. airstrikes, defusing fears of a global energy crisis and easing market volatility. After surging to $77.08 on June 19 amid rising Middle East tensions, Brent crude (Nigeria’s crude grade) fell […] The post Oil prices sink below $67 as Iran backs off Strait of Hormuz retaliation appeared first on The Sun Nigeria.

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8 d. ago TAJBank Sustains Industry Feat, Pays 3rd Dividend In 5 Years

Nigeria’s fastest growing non-interest bank, TAJBank Limited, TAJBank Limited has sustained its feat in the nation’s banking history with the payment of 20 kobo per share dividend to its shareholders at the end of financial year (FY) 2024, being the third investment reward for the investors in its five years of operations. Available industry data […]

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1 week ago Chasing Big Crypto Profits? These 7 Altcoins Are the Best Cryptos to Join for 2025

Tribune Online Chasing Big Crypto Profits? These 7 Altcoins Are the Best Cryptos to Join for 2025 The cryptocurrency world has been in the midst of a transformative phase, with key players asserting their dominance and paving the way for the next generation of digital currencies. Recent developments have captured the attention of both seasoned traders and newcomers to the space, as the market starts to regain momentum after facing significant volatility. […] Chasing Big Crypto Profits? These 7 Altcoins Are the Best Cryptos to Join for 2025 Tribune Online

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2 w. 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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2 w. 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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2 w. 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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2 w. 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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2 w. 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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3 w. 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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3 w. 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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3 w. 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 w. 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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3 w. 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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