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Shaikha Al-Bahar receives 'Distinguished Services to Arab Banking' award from Arab Bankers Association - ARAB TIMES

First woman to win this prestigious award Al-Bahar receives the award from Abdulaziz Al-Khuraiji, Chairman of the Board of Directors of the Arab Bankers Association in London, and George Kanaan, CEO of the Arab Bankers Association. KUWAIT CITY, Nov 12: Shaikha Al-Bahar, Deputy Group CEO at Nat ....

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Jim Ovia set to earn N9.57bn in dividend


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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
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