Advertisement Following the release of the bank’s full-year result, the board of directors of the bank proposed a final dividend of N2.70, amounting to a total payout of N3.00 per share for the financial year 2020 (interim: N0.30). The dividend is, however, subject to a 10 per cent withholding tax in Nigeria. Ovia is the single majority shareholder in the tier-1 bank, with a 3.45 billion units of shares held directly and 1.52 billion shares held indirectly, as at December 31, 2020. This gives him an 11.29 percent direct interest in the bank. Highlights of the bank’s result show that it printed a 5 percent Advertisement