First City Monument Bank (FCMB) Group Plc shareholders have approved a total dividend payout of ₦23.08 billion for the 2025 financial year.
The decision reflects the lender's continued profitability and capital strength amid a challenging macroeconomic environment in Nigeria.
The dividend approval comes on the heels of robust profit growth reported across the bank's various business lines.
The dividend approval comes on the heels of robust profit growth reported across the bank's various business lines.
Management has cited improved operational efficiency and strategic focus on high-yield segments as key drivers behind the financial performance that underpins the payout.
This development reinforces positive sentiment around FCMB's financial health.
Earlier this year, GCR Ratings upgraded the credit rating of FCMB Asset Management, the bank's wealth management subsidiary.