How new CBN directive will affect dividend payouts of some banks

by | March 7, 2018 4:54 pm

Some banks in the country are likely going to be affected by the new Central Bank of Nigeria (CBN) directive which bars Deposit money banks and discount houses with high non-performing loans and poor capital adequacy ratio from paying dividends to shareholders, a report from Cowry Asset Management reveals. Earlier in the year, the Central…

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