Nigerian oil billionaire Muhammadu Indimi to pocket $1 million as Jaiz Bank raises dividend
Billionaires Africa | 28.06.2026 03:46
Nigerian oil billionaire Muhammadu Indimi is set to receive N1.44 billion ($1.05 million) from Jaiz Bank after shareholders of Nigeria's pioneer non-interest bank approved a 57 percent increase in the lender's dividend payout at the bank's 14th Annual General Meeting, the largest dividend Jaiz Bank has distributed in its 14-year history and a direct consequence of another year of robust earnings growth.
