NIGERIAN stock market continued its bullish trend on Tuesday, recording a N1.086 trillion gain. Market capitalisation rose by N1.086 trillion, or 1.57 per cent, to close at N70.38 trillion, up from N69.291 trillion recorded on Monday. Similarly, the All-Share Index (ASI) rose by 1,721.29 points, or 1.57 per cent, settling …
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Zenith Bank Delights Shareholders With N195.67bn Dividend Payout
THE Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR, thanked the shareholders for their unflinching support and commitment, which have been responsible for the bank’s stellar performance over the years. He noted that despite challenges globally in 2024, Zenith Bank was able to leverage the opportunities within the …
Read More »Zenith Bank Secures Regulatory Approval For N350bn Hybrid Offer Proceeds
Zenith Bank Plc has raised a total of N350.4 billion through its recently concluded hybrid Rights Issue and Public Offer. In a statement released to the Nigerian Exchange (NGX) Group on Sunday, January 26, 2025, the Bank announced that it has secured the full regulatory approval of the Central Bank …
Read More »Recruitment: Apply For Zenith Bank Plc Recruitment 2024
Recruitment, apply for Zenith Bank Plc recruitment 2024 below. Newsextra24 reports that Zenith Bank Plc was established in May 1990, and commenced operations in July of the same year as a commercial bank. Zenith Bank Plc is recruiting to fill the position below; Sales and Marketing Personnel Job Specifications: Full Time Required …
Read More »How Zenith Bank Female Staff Member Laundered N70bn, Forfeited N120bn to FG
* Bank management’s complicity suspected * Bank keeps mum A fraud of monumental proportion has quietly rocked one of Nigeria’s leading financial institutions, Zenith Bank PLC, in recent times. This was consequent upon the allegation that Saadatu Ramallan Yaro, a staff member of the bank and wife of Aminu Yaro, …
Read More »Zenith Bank Doubles Profit to N1trn in Q3 2024
Zenith Bank’s profit before tax ballooned by 99 per cent to N1trn at the end of the third quarter of 2024 from N505bn in the prior period of last year. In its Q3 2024 unaudited results ended September 30, 2024, filed with the Nigerian Exchange Limited, the financial institution reported …
Read More »Zenith Bank Posts N2.1trn half-year Gross Earnings, N578bn Profit
Zenith Bank Plc has announced growth of 117 per cent in gross earnings from N967.3 billion reported in H1 2023 to N2.1 trillion in H1 2024. Zenith Bank announced this via its audited results for the half-year which ended on June 30, 2024. According to the bank’s audited half-year financial …
Read More »Zenith Bank Emerges Best Commercial Bank In Nigeria
Zenith Bank Plc has emerged as the best commercial bank in Nigeria at the World Finance Banking Awards 2024, retaining the award for a fourth consecutive year. The bank was also named Best Corporate Governance in Nigeria for the third year at the World Finance Corporate Governance Awards 2024. The …
Read More »N585m fraud: Our GMD Not Arrested By EFCC – Zenith Bank
Zenith Bank has dismissed the alleged arrest of its Group Managing Director, Ebenezer Onyeagwu, by the Economic and Financial Crimes Commission (EFCC). The Zenith Bank Company Secretary/General Counsel, Michael Otu, made this known in a statement issued on Wednesday, January 10, 2024. A report was circulated in some quarters of …
Read More »Zenith Bank’s After-tax Profit Triples To N676.9bn
ZENITH Bank’s after-tax profit surged 202 percent to N676.9 billion last year from N223.9 billion in 2022. The bank’s profit before tax increased to N796 billion from N284.7 billion as gross earnings jumped to N2.13 trillion from N945.6 billion. “The increase in gross earnings is primarily due to growth in …
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