Day: 9 May 2024

Zenith Bank’s shareholders reap bountifully as bank pays N125.59 as dividends

Jide Ige

ZENITH BANK SHAREHOLDERS REAP BUMPER HARVEST AS BANK PAYS DIVIDEND OF N125.59 BILLION Shareholders of Zenith Bank Plc, at the 33rd Annual General Meeting (AGM) held at the Civic Centre, Victoria Island, Lagos, on Wednesday, 8 May 2024, approved the proposed final dividend payment of NGN3.50 per share, bringing the total dividend for the 2023 financial year to NGN4.00 per share, with a total value of NGN125.59 billion, which is the highest dividend payout by any bank. In his opening statement at the Annual General Meeting, Dr. Jim Ovia, CFR,…

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Access Holdings vests 23.8m units of shares on senior executives

Jide Ige

In line with the disclosure requirements of the Securities and Exchange Commission and the Nigerian Exchange Limited, Access Holdings Plc , Africa’s leading financial services group, has announced the award of 23.8 million ordinary shares to some of its senior executives and executives of Access Bank, its flagship subsidiary. This is in pursuant of the terms of its shareholders approved Employees Performance Share Plan. Bolaji Agbede, the Acting Group Chief Executive Officer of Access Holdings, Roosevelt Ogbonna, the Managing Director/Chief Executive Officer of Access Bank, and six others were vested…

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Brickhall School shut for one week over pupil’s death

Jide Ige

The Brickhall School, Abuja, has decided to close for one week to mourn Miguel Ovoke, the four-year-old pupil who died “while feeding.” According to the statement by the management on Wednesday, Brickhall School regretted its failure to save Ovoke despite its efforts. Recall that the four-year-old was declared dead by Excel Specialist Hospital, Abuja, “on account of aspiration on meat while feeding at school.” The medical report, signed by Dr. Akinwande Ajayi, on behalf of the medical director, disclosed that the pupil was fixed and dilated when rushed to the…

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