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Six of Nigeria’s major listed banks paid shareholders a combined N1.27 trillion in dividends for 2025, while five profitable lenders could not payGTCO and Zenith Bank accounted for 81.9% of the total dividend payout, paying N429.83 billion and N410.70 billion respectivelyThe 11 banks recorded N6.4 trillion in combined profit before tax, down 3.8% from N6.7 trillion in 2024, despite gross earnings rising to N26.4 trillion
Legit.ng journalist Victor Enengedi has over a decade’s experience covering energy, MSMEs, technology, banking and the economy.
Only six of Nigeria’s major listed banks distributed dividends totalling about N1.27 trillion to shareholders for the 2025 financial year, while five other profitable lenders were unable to make payouts after failing to satisfy the Central Bank of Nigeria’s prudential requirements.
Findings from Financial Vanguard showed that Guaranty Trust Holding Company (GTCO), Zenith Bank, Stanbic IBTC, Ecobank Transnational Incorporated, Wema Bank and FCMB were among the lenders that met the regulatory
