Zenith Bank rewards investors with ₦410.69bn dividend payout, as Mustapha Bello named new chairman

At the 35th Annual General Meeting (AGM) of Zenith Bank Plc, which took spot connected Tuesday, May 5, 2026, astatine the Civic Centre, Victoria Island, Lagos, shareholders approved the projected last dividend outgo of ₦8.75 per share, bringing the full dividend for the 2025 fiscal twelvemonth to ₦10.00 per share, with a full worth of ₦410.69 billion.

The The yearly wide gathering besides marked the ceremonial status of Founder, Jim Ovia, CFR, arsenic Chairman of Zenith Bank Plc, pursuing the expiration of his tenure successful enactment with regulatory requirements. As disclosed successful a firm announcement issued successful Lagos connected May 5, 2026, Mr. Ovia completed the mandatory 12-year tenure stipulated nether firm governance guidelines for fiscal holding companies, non-interest banks, and outgo work banks successful Nigeria. Subsequently, Engr. Mustafa Bello, erstwhile Minister of Commerce and longest-serving Non-Executive Director of Zenith Bank Plc, was appointed arsenic the caller Chairman of the Bank.

In his remark, Jim Ovia stated “Distinguished shareholders, it gives maine large pleasance to code you this morning. This meet...