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    FCMB Drops Hint on Earnings Release, Dividend

    Julius AlagbeBy Updated:No Comments1 Min Read
    FCMB Drops Hint on Earnings Release, Dividend
    FCMB

    FCMB Drops Hint on Earnings Release, Dividend

    FCMB Group Plc has hinted investors and market regulators about its 2024 earnings, which is expected to be released after the Central Bank of Nigeria (CBN) approval.

    In a regulatory filing, the financial services group told the Nigerian Exchange, NGX, that the group’s audited financial statements for the year ended December 31, 2024, has been approved at the board meeting on Friday.

    FCMB also stated that its board of directors approved payment of dividends, subject to the approval of the CBN. It said details of the results and the dividend payments, as well as the related corporate actions, will be made to the Exchange upon obtaining approval of the CBN.

    FCMB reminds the company’s insiders that the closed period, which commenced on January 1, 2025, will persist until twenty-four (24) hours after the audited financial statements have been released to the public. Naira Exchange Rates Switch Positions in FX Markets

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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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