Zenith Bank Plc, which is Nigeria’s largest bank in terms of Tier-1 Capital, has guaranteed its shareholders and investors that it will meet all necessary requirements to leave the Central Bank of Nigeria’s (CBN) regulatory forbearance by June 30, 2025.
The bank expressed assurance that it would fulfill shareholders’ dividend expectations in the 2025 fiscal year.
reports that the apex bank in a June 13 circular froze dividends and other capital outflows for banks still operating under regulatory leniency frameworks introduced in the aftermath of COVID-19 and the attendant economic downturn.
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