Zenith Bank’s Landmark N100.47bn Dividend Payout Excites Shareholders Kayode Tokede Shareholders of Zenith Bank Plc at the bank’s 32nd Annual General Meeting (AGM) held virtually from
the Civic Centre, Victoria Island, Lagos, yesterday, unanimously approved the proposed final dividend payment of N2.90 per share. This brings the total dividend for
the 2022 financial year to N3.20 per share, with a total value of N100.47 billion. In his opening statement at the AGM, Founder and Chair-
man of Zenith Bank, Jim Ovia, CFR, expressed gratitude to the shareholders for their unwavering loyalty, commitment, and support, which have been instrumental in
the bank's outstanding performance since its inception. Group Managing Director/Chief Executive, Dr. Ebenezer Onyeagwu, extolled Ovia, for establishing the
legacy and providing the template for the bank's continued superior performance. Continued on page 23
CBN: 7,552 BVN on Watchlist for Fraud-related Transactions... Page 8 Wednesday 3 May, 2023 Vol 28. No 10248. Price: N250
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Bloomberg: How Tinubu’s Son Bought $11m London Mansion Targeted By EFCC
Lawyers see no legal jeopardy
L-R: Directors of FCMB Group Plc, Professor Oluwatoyin Ashiru, Alhaji Mustapha Damcida, Ms. Muibat Ijaiya; Executive Director/Chief Operating Officer, Mr. Gbolahan Joshua; Group Chief Executive, Mr. Ladi Balogun; Chairman of the Group, Mr. Oladipupo Jadesimi; Group Company Secretary/General Counsel, Mrs. Funmi Adedibu, Executive Director, Coverage & Investment Banking, Mr. Olufemi Badeji; Other Directors of the Group, Mrs. Olapeju Sofowora and Dr. (Engr.) Gregory Ero, during the 10th Annual General Meeting of FCMB Group held in Lagos...recently.
Emmanuel Addeh in Abuja A firm belonging to Oluwaseyi, son of Continued on page 23
Buhari Inaugurates 748 New Homes, Says He's Fulfilled Promise
Okays partial exclusion of finance ministry from Treasury Single Account Gives MOFI go-ahead to charge management, transaction fees Insists current upgrading of Nigerian military will make it force of global reckoning Deji Elumoye in Abuja President Muhammadu Buhari, yesterday, declared that his government's promise of change for homeowners in the country had been fulfilled. Buhari spoke during the presentation of keys to some new homeowners at the Federal Housing Authority (FHA), Zuba, in the Federal Capital
Territory (FCT). The presentation happened the same day the president approved the partial exclusion of the Ministry of Finance Incorporated (MOFI) from the Treasury Single Account (TSA). He also granted MOFI permission to charge management and transaction fees. Continued on page 23
ZENITH'S LANDMARK DIVIDEND PAYOUT TO SHAREHOLDERS... L-R: Group Managing Director/Chief Executive of Zenith Bank, Dr. Ebenezer Onyeagwu; Founder and Chairman, Dr. Jim Ovia, CFR, and Company Secretary, Mr. Micheal Otu, during the bank’s 32nd Annual General Meeting (AGM) held virtually from the Civic Centre, Victoria Island, Lagos... yesterday
At OTC in US, Komolafe Says FG Fine-tuning Oil Industry Policies, Regulations to Meet Energy Transition Targets... Page 23