Nigerian banks are set to pay out about N185.5 billion as interim dividends for the first half of 2024 (H1 2024). This marks a 107 percent year-on-year growth from the N89.5 billion distributed as interim dividends in H1 2023.
The figure for H1 2024 is projected to increase as Fidelity Bank has y
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David Olujinmi
David Olujinmi is a financial journalist, with a knack for reporting and analysing the capital markets. He has experience in reporting the Nigerian and African financial scene.
With a Bsc in Chemical Engineering from the Obafemi Awolowo University, he has a significant grasp of numbers that has aided his understanding of the financial context.