Shareholders of FCMB Group Plc have approved a dividend payment of 20 kobo for the 2021 financial period.

A statement said this was disclosed at the 9th annual general meeting of FCMB Group Plc, which was attended physically and virtually by shareholders in Lagos.

It stated, “The directors of the diversified financial services holding company announced N3.96bn dividend payment of 20 Kobo per ordinary share to its shareholders.

“The shareholders unanimously approved the dividend payout and commended the bank’s impressive performance last year.”

Jadesimi said, “In 2021, we progressed on the path of good governance, strengthened and improved it in alignment with our long-term strategy and highest international standards, adaeventsnews gathered.

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The Group Chief Executive, FCMB Group Plc, Mr Ladi Balogun, said, “We continued to see traction in our digital-led strategy. Traditionally, we have been a platform – a group of companies providing our customers with various financial services.

FCMB shareholders approve N2.77bn dividend

“To fulfil our purpose, we must evolve to be more than a platform into an ecosystem of several platforms (our proprietary companies, funding, technological, channel distribution partners and agents) and customers to enable a fairer and more prosperous world.”

Speaking at the AGM, the National Chairman, Progressive Shareholders Association, Chief Boniface Okezie, said, “We are very excited about the overall performance of FCMB Group in 2021. The increase in declared dividend from 15 Kobo last year to 20 Kobo this year is proof that the FCMB Group has a capable board, management and staff who are getting things right.”

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Ada Grace

Ihesiulo Grace Amarachi AKA Ada Ada, is an accomplished broadcast journalist with over a decade of experience in the industry. Known for her incisive reporting and dynamic on-air presence, Grace has covered major national and international events, from political elections to natural disasters. She holds a degree in Journalism from Ghana institute of Journalism Accra, Ghana. Currently, she serves as the Head of Online Department DailyTimesNGR, State House Corespondent Villa, And is the CEO of Adaeventsnews, where she continues to deliver impactful stories with accuracy and integrity. Off-camera, Grace is an advocate for media literacy and mentors aspiring journalists.

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