Infinity Trust Mortgage Bank Plc has accepted a proposed dividend of 35 kobo per odd share and a one-for-one bonus share difficulty following a Board of Administrators assembly held on February 10, 2026, in Abuja.
In a notification to shareholders and the Nigerian Trade Restricted (NGX), the bank disclosed that its Board reviewed and accepted the audited monetary statements for the yr ended December 31, 2025.
The statements, together with the administration letter, are to be forwarded to the Central Bank of Nigeria (CBN) for regulatory approval.
The Board resolved to suggest a dividend payout of 35 kobo per odd share for the 2025 monetary yr. The dividend stays topic to ratification on the upcoming Annual Common Assembly (AGM).
Along with the money dividend, the Board accepted a bonus share difficulty on a one-for-one (1:1) foundation. The proposed bonus difficulty will even require shareholder approval on the AGM in addition to clearance from related regulators.
The bank scheduled Could 21, 2026, because the proposed date for its Annual Common Assembly, the place shareholders are anticipated to deliberate and vote on the dividend suggestion, bonus difficulty, and different statutory issues.
The Board additional accepted the appointment of Dr. Obasegun Adetokunbo Oni as a Non-Government Director, topic to approval by the Central Bank of Nigeria.
Dr. Oni is a licensed Info Techniques Safety Skilled with greater than 25 years of expertise in enterprise data safety, compliance, and expertise threat administration.
He holds postgraduate {qualifications} in cybersecurity from Northumbria College and a Bachelor of Science diploma in Pharmaceutical Sciences from the College of Greenwich, London.
His skilled certifications embody CISSP, CCSP, CISA, AWS Licensed Cloud Practitioner, and a number of Cisco and Examine Level safety credentials.
Dr. Oni’s profession spans senior consulting and engineering roles throughout worldwide establishments, together with ICBC Commonplace Bank in London and Intercity Expertise in Southampton.
His experience covers cybersecurity governance, cloud safety throughout main platforms, threat administration, compliance frameworks, and enterprise community safety structure.
Market analysts word that the proposed dividend and bonus difficulty sign the bank’s confidence in its capital place and earnings efficiency for the 2025 monetary yr.
The bonus difficulty, if accepted, will improve the bank’s issued share capital and doubtlessly improve liquidity in its shares on the NGX.
Infinity Trust Mortgage Bank operates from its registered workplace in Garki, Abuja, and stays lively in Nigeria’s mortgage banking section, specializing in retail and institutional mortgage financing.
Traders will carefully monitor regulatory approvals from the CBN and the result of the Could AGM to evaluate the ultimate implementation of the dividend and capital restructuring plans.
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