The basis of the approved dividend is N34.18 per share. Shareholders had approved dividend freeze for five years from 2021 to enable the bank build a capital base.
Within its first five years of operation, the bank has grown from being a DFI merely striving to navigate the waters of wholesale development finance to becoming a successful case reference for several African Development Finance Institutions and governments. Participants at the AGM also approved the appointment of Mr. Aminu Umar-Sadiq, as a non-executive director of the bank and appointment of Mr. Omar Sefiani, as an alternate director.
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