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BusinessDay reports UBA, Access Holdings and First HoldCo face continued uncertainty as CBN dividend restrictions linger, affecting payouts.
UBA, Access Holdings and First HoldCo are facing continued uncertainty over dividend payments as Central Bank of Nigeria restrictions remain in place.
United Bank for Africa, Access Holdings and First HoldCo are under pressure as dividend payment restrictions linked to the Central Bank of Nigeria continue, according to a BusinessDay report.
The report says UBA management expects the bank to pay dividends in 2026. However, it also says no CBN clearance to resume dividend payments has been confirmed.
BusinessDay also reports that UBA paid no final dividend for FY2025.
Dividend restrictions can limit how banking groups return profits to shareholders. For large listed banking groups, that can affect investor expectations and market confidence.
For UBA specifically, the gap between management expectations and the lack of confirmed CBN clearance adds uncertainty around 2026 dividend plans.
Primary Source: businessday.ng
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