FCMB Group Approves N23.08bn Dividend for 2025FY

FCMB Group shareholders approved a total dividend payout of N23.08 billion for the 2025 financial year during the company's 13th Annual General Meeting (AGM) held in Lagos. Shareholders attended both in person and online, approving board resolutions including the re-election of Mr.

Oladipupo Jadesimi and the ratification of Mr. Adepeju Adebajo as a member of the audit committee.

The group reported a profit before tax of N202.1 billion for the year ending December 31, 2025, an increase of 81% from N111.9 billion the previous year. Profit before tax rose by 142% to N177.3 billion, with gross revenue increasing by 42.5% to N1.13 trillion.

The group achieved double-digit profit growth across its divisions, with the banking group's profit before tax rising by 110%. The chairman, Mr.

Oladipupo Jadesimi, emphasized the resilience of the group's diversified business model and the need to balance immediate shareholder returns with long-term growth. The approved dividend will be paid on July 30, 2026, to shareholders registered by June 15, 2026.