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(f) Directors’ remuneration:
Remureration paid to directors of the Bank (excluding pension contributions and other benefits) was as follows;
Group Bank
In thousands of Naira December 2017 December 2016
Fees as Directors 58,125 51,875
Other emoluments 303,982 207,898
Wages and salaries 237,820 264,220
Allowances 107,063 112,438
The Directors’ remuneration shown above includes
December 2017 December 2016
Chairman 50,513 41,993
Highest paid Director 85,160 85,160
The emoluments of all other directors fell within the following ranges:
December 2017 December 2016
N13,000,001-N20,000,000 6 6
N20,000,001-N37,000,000 8 8
14 14
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Annual Report & Accounts 2017
