The Board of Directors of FCMB Group Plc (NGX: FCMB) has approved the payment of dividend to Shareholders for the 2022 financial year.
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The approval was amongst the outcome of FCMB’s Board of Directors’ meeting held on Friday, February 24, 2023. The Board also approved the Group’s Audited Financial Statements for the year ended December 31, 2022.
The banking group stated that details of the dividend payment and the results, as well as the related corporate actions shall be made available to the Exchange upon obtaining approval of the Central Bank of Nigeria (CBN).
In its Unaudited Annual Financial Statements for the year ended 31 December, 2022, FCMB Group posted a Profit of N32.59bn (2021 FY: N20.91bn) and an Earnings Per Share of N1.64 (2021 FY: N1.05).
Nnamdi Maduakor is a Writer, Investor and Entrepreneur
