The major individual shareholders of Nigeria’s banks, GTCO, Stanbic IBTC, Zenith, and UBA, are set to pocket a combined N9.3 billion in interim dividends for the first half of 2025.
BusinessDay’s computations show that Jim Ovia, Chairman of Zenith Bank Plc, will take home the largest share at N7.25 billion. He is followed by Tony Elumelu, Chairman of United Bank for Africa (UBA), with N1.3 billion. Atedo Peterside, through his family trusts, will receive N584.3 million, while Segun Agbaje, Managing Director of GTCO Holdings