Nigerian banks are likely to embark on aggressive dividend payouts in the next couple of years as they put a huge pile of their retained earnings to use, a report by Ernst and Young Global Limited (EY), a leading tax and advisory services has shown.
With the latest recapitalisation exercise by th
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Wasiu Alli
Wasiu Alli is a business, economics cum data journalist with strong expertise covering macro trends, capital markets, government policies, corporate earnings and comparative economics analysis. Alli turns raw data into trends that not only tells compelling stories but nudges investors to make valued and informed decisions. He’s an alumnus of Lagos State University and trained at Lagos Business School. He formerly heads the Companies and Markets desk at BusinessDay where he writes and supervises the production of well researched articles on earnings updates, corporate sectoral comparisons, market intelligence as well as interviews with C-suite executives.
