GTCO Shareholders Approve N12.76 Dividend for 2025

At the 5th Annual General Meeting of GTCO, shareholders approved a total dividend payout of N12.76 for the 2025 financial year. This payout includes an interim dividend of N1.00 per share for the half-year ending June 2025 and a final dividend of N11.76.

Timothy Adesiyan, President of the Nigerian Shareholders Solidarity Association, expressed excitement over the management's ability to sustain this dividend payout, highlighting the board's discipline. Bisi Bakar, Chairman of the Pragmat Shareholders Association of Nigeria, commended the management for making history as the first Nigerian bank to reward shareholders with such a dividend.

GTCO's board chairman, Suleiman Barau, noted the group's evolution into a single-line bank within a broader financial services ecosystem. Group CEO Segun Agbaje stated that the bank aims to deepen integration across banking, payment, and asset management sectors, leveraging data and digital tools to enhance customer experience across Africa and the United Kingdom.