The Development Bank of Nigeria (DBN) Plc has announced plans to hold its 9th Annual General Meeting (AGM) in Abuja, where shareholders will deliberate on key financial and governance matters.

According to the notice, the meeting is scheduled to take place at the Transcorp Hilton Hotel, Abuja, on April 30, 2026. Shareholders will consider the audited financial statements for the year ended December 31, 2025, alongside reports from the directors, audit committee and external auditors.

Other items on the agenda include the declaration of a dividend, the re-election of directors retiring by rotation, and the disclosure of managers’ remuneration. Shareholders will also vote on the appointment of an external auditor for the new financial year and approve the remuneration of the auditors.

In addition, the meeting will consider the election of members into the statutory audit committee, in line with regulatory requirements.

As part of a special business, shareholders are expected to approve the appointment of Kolawole Saheed Owodunni as a non-executive director and consider a revised organisational structure for management.

The notice also provides for proxy voting, allowing members unable to attend in person to appoint representatives, provided the relevant documentation is submitted ahead of the meeting.

The AGM is expected to provide shareholders with an opportunity to engage the board and management on the bank’s performance and strategic direction.

Read the full notice below: