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 …
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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 …
Read More »The Rash Of Female Bank MDs – Musings From An Ant
YESTERDAY, Maddtimes released a parody of all eleven Bank MDs in bikini and sashes with the names of their respective banks slung across their chests. The caricature of the new Zenith Bank MD and that of Fidelity Bank were the most popular for various reasons adduced by respondents. As expected, …
Read More »Zenith Bank Named Best Commercial Bank In Nigeria
Zenith Bank Plc has been named the Best Commercial Bank in Nigeria at the 2023 World Finance Banking Awards for a third term. Zenith Bank also emerged as the Best Corporate Governance Bank in Nigeria in the World Finance Corporate Governance Awards 2023, retaining the award for a second consecutive …
Read More »Naira Scarcity: Zenith Bank Shuts Down Operation In Branches
Zenith Bank has closed some of its branches in the Federal Capital Territory, FCT, and some states of the country due to alleged attacks on its staff and network. NAN correspondent who monitored some of the bank’s branches in the FCT, and environs and other states on Tuesday, reports that …
Read More »Zenith Bank Suspends International ATM Withdrawals/POS Payments
TEMPORARY SUSPENSION OF INTERNATIONAL ATM WITHDRAWALS/POS PAYMENTS AND REVIEW OF WEB TRANSACTION LIMIT USING ZENITH BANK NAIRA CARDS Dear Valued Customer, Please be informed that we have temporarily suspended the use of Zenith Bank Naira cards for International Automated Teller Machine (ATM) cash withdrawals and POS transactions. Additionally, the monthly …
Read More »OML42: Banks refinance Neconde to increase production to 100,000bpd, grow gas reserves
A consortium of 7 local and international lenders has signed an agreement to refinance Neconde Energy Limited’s existing Senior Secured Medium-Term Loan Facility Agreement worth $640 million with Neconde Energy Limited, an indigenous Oil and Gas Exploration and Production company, following the 20 year renewal of the Oil Mining License …
Read More »Breaking:Court grants Patience Jonathan unfettered access to $5.9m
The Economic and Financial Crimes Commission on Tuesday withdrew its application seeking to stay the execution of a court order which unfroze the Skye Bank account of the wife of ex-President Goodluck Jonathan, Patience with a balance of $5.9m. A counsel for the EFCC, Rotimi Oyedepo, appeared before the Federal …
Read More »‘How the Economy got into trouble’, Emefiele
The CBN Governor Mr. Godwin Emefiele, Weekend, had a chat with members of Nigeria Newspaper Proprietors Association of Nigeria NPAN. He spoke on efforts being made by government, monetary and fiscal policy authorities to revive the economy. Here are excepts. Nigeria is in recession, the first in decades or few …
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