By Kazeem Ugbodaga
Shareholders of FCMB Group Plc have approved a total dividend payout of N23.08 billion for the 2025 financial year, endorsing all resolutions presented by the Board at the company’s 13th Annual General Meeting (AGM) held in Lagos on June 30, 2026.
The meeting, attended physically and virtually, also approved the re-election of Mr. Ladi Jadesimi and ratified the appointment of Mrs. Adepeju Adebajo as directors.
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Shareholders further elected members of the Audit Committee and authorised the Board to determine the remuneration of the company’s external auditors.
The approvals came on the back of a strong financial performance despite challenging economic conditions.
FCMB Group reported profit before tax of N202.1 billion for the year ended December 31, 2025, representing an 81 per cent increase from N111.9 billion recorded in the previous year. Profit after tax rose by 142 per cent to N177.3 billion, while gross revenue climbed
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