Zenith Bank shareholders have expressed frustration over the high penalties imposed on commercial banks by regulatory authorities, particularly the Central Bank of Nigeria (CBN).
They argue that these fines, which are levied for various infractions, indirectly affect shareholders’ returns, creating a ripple effect on their investment.
Zenith Bank made a dividend payment of N4.00 per share, bringing the total dividend for the 2024 financial year to N5.00 per share, with a total value of N195.67 billion.