February 20, 2018/InvestmentOne Report ASI as at 12.00pm: -0.75%. Market movers: UNITYBNK (-9.20%), STERLNBANK (-9.05%), AIICO (+8.96%), HMARKINS (+7.41%). Sector Performances: Banking (-1.06%), Consumer Goods (-0.38%), Industrial (-0.25%), Oil & Gas. Market activity: In today’s early trade, total volume and total value increased by c. +60% and c. +188% respectively […]
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CBN Dividend Rules: GTBank, Access, UBA, Zenith to Maintain Increased Dividends, More Investors Patronage-Report
February 20, 2018 By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s tier one (1) banks such as Guaranty Trust Bank Plc, Zenith Bank Plc, United Bank for Africa Plc and Access Bank Plc will continue to pay increased dividends and could get more investors patronage, despite the new Central Bank of Nigeria […]
CBN’s Amended Internal Capital Generation, Dividend Payout Policy
February 19, 2018/InvestmentOne Report On the 31st of January 2018, CBN released its amended internal capital generation and dividend payout policy. Below we summarize key take away from the policy into four categories. Ione Category Requirements Category 1 There shall be no regulatory restriction on dividend pay-out for Deposit Money […]
