Northern Billionaires split biggest chunk of Jaiz Bank’s N4.91bn dividend

Nigeria’s premier non-interest financial institution, Jaiz Bank Plc recently got shareholders approval for a massive 57 percent increase in its dividend payout to 11 kobo per share following a stellar financial year 2025. With total assets crossing N1.2 trillion and profits surging 28 percent to cross N30 billion mark, the historic N4.91 billion total dividend pool has triggered a massive multimillion-naira windfall for its investors. Unsurprisingly, the biggest winners of this payout are an elite circle of Northern billionaires and promi