Several Banks listed on the Nigerian Exchange will be considering the payment of interim dividend to shareholders for the first-half of 2025.
At their respective Board meeting, the Board of Directors of these banks may consider issues relating to half-year dividend;
- Guaranty Trust Holdings Company Plc (NGX: GTCO)
- Stanbic IBTC Holdings Plc (NGX: STANBIC)
- Zenith Bank Plc (NGX: ZENITHBANK)
- United Bank for Africa Plc (NGX: UBA)
- Access Holdings Plc (NGX: ACCESSCORP)
In a circular in June 2025, the Central Bank of Nigeria directed Deposit Money Banks operating under regulatory forbearance to suspend dividend payments, defer bonuses for directors, and halt all new investments in foreign subsidiaries or offshore ventures.
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The circular signed by the Director of Banking Supervision, Olubukola Akinwunmi, stated that the move targets lenders benefiting from forbearance on credit exposures and single obligor limits (SOL), which is part of a broader transitional arrangement by the apex bank to stabilise the banking industry following macroeconomic shocks and sector-wide restructuring.
GTCO. STANBIC. ZENITHBANK. UBA and ACCESSCORP all notified the investing public of the dividend consideration in their respective regulatory filings announcing their Board meetings.
In it’s filling, Guaranty Trust Holding Company Plc announced that the Board of Directors of the Company is scheduled to meet on Thursday, 31 July, 2025, to consider the Audited Financial Statements for the half-year ending June 30, 2025. It went further to add that issues relating to half-year dividend may also be discussed at the Meeting.
Stanbic IBTC Holdings Plc announced a meeting of the Board of Directors of Stanbic IBTC Holdings PLC is scheduled to hold on Friday, 01 August 2025 at 10:00am. The meeting will discuss amongst other
items, the Company’s Audited Financial Statements for the Half Year ending 30 June 2025 as well as a proposed interim dividend.
In the same vein, Zenith Bank Plc in it’s filing stated that the Board of Directors of the Bank is scheduled to meet on Thursday, July 24, 2025 to consider the Group’s Audited Financial Statements for the half year ending June 30, 2025. The meeting may also consider amongst others, the proposal for recommendation of interim dividend for shareholders.
The Board of Directors of United Bank for Africa Plc is scheduled to meet on Thursday, August 14, 2025, to consider, amongst other matters, the 2025 Half-Year Audited Financial Statements and Reports for the period ended June 30, 2025. The meeting may also consider amongst others, the proposal for recommendation of interim dividend for shareholders.
Access Holdings Plc in its notification to the Nigerian Exchange Limited and the investing public that a meeting of the Board of Directors of Access Holdings Plc has been scheduled for Wednesday, July 30, 2025. The meeting will, amongst other things, consider and approve the Group’s Audited Interim Financial Statements for the Half-Year ending June 30, 2025. The payment of Interim Dividend may also be considered at the meeting.
First Holdco Plc, Ecobank Transnational Incorporated, Fidelity Bank Plc, FCMB Group Plc and Sterling Financial Holdings Company Plc all announced their respective Board meeting dates, however, consideration of interim dividends was not mentioned.
Wema Bank Plc and Jaiz Bank Plc on the other hand, were yet to announce their respective Board meetings at the time of this report.
Nnamdi Maduakor is a Writer, Investor and Entrepreneur
