Business

Seven bank CEOs to earn N797 million in 2023 final dividend payout 

Chief Executive Officers (CEOs) and Group CEOs of seven Nigerian banks will earn approximately N796.6 million in final dividends for 2023. 


The seven banks are United Bank for Africa (UBA), Access Bank, GTCO Holdings, Zenith Bank, Fidelity Bank, FCMB Group, and Stanbic IBTC Holdings.  


According to the 2023 audited financial statements of these banks, the final dividend earnings of their CEOs in 2023 mark an 88% increase from the N423.6 million earned in 2022.