Nigerian Banks May Halt Dividends for Years Due to Economic Challenges

An analysis by Dele Sobowale suggests that Nigerian banks might not be able to pay dividends for several years due to prevailing economic conditions and rising costs.

17 Aug, 06:42 — 17 Aug, 06:42

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vanguard-ngMixed17d ago

Why your bank might not pay dividends for years

By Obas Esiedesa Perhaps there is some truth in the statement that “when an old man dies, you lose a library”. At 82+ and 39 years writing on this page, I have been a media witness to four major banking upheavals – each occurring shortly after recapitalization was imposed by the Central Bank of Nigeria, CBN. […] The post Why your bank might not pay dividends for years appeared first on Vanguard News.

By Urowayino Jeremiah

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Nigerian Banks May Halt Dividends for Years Due to Economic Challenges

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Why your bank might not pay dividends for years

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