Author: Marketforces Africa

MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

NPF Microfinance Bank to Pay Dividend to Shareholders NPF Microfinance Bank Plc has declared a final dividend of 12 kobo per 50 kobo ordinary share for payment to shareholders after notice of earnings growth. In a regulatory filing, the only Nigerian microfinance bank listed on the Nigerian Exchange said its dividend payment is subject to appropriate withholding tax and approval. In its audited result for financial year 2023 released, NPF Microfinance recorded N1.019 billion as profit after tax, up from N882 million in the comparable year 2022. The sum will be paid to shareholders whose names appear in the Register…

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