Tag: Zenith Bank

Zenith Bank Denies MD’s Arrest
January 11, 2024 No Responses

Zenith Bank Denies MD’s Arrest

Zenith Bank Plc has refuted claims that its Group Managing Director/Chief Executive Officer, Dr Ebenezer Onyeagwu, was arrested and held by the anti-graft agency, the Economic and Financial Crimes Commission, in relation to alleged fraud at the Ministry of Humanitarian...
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Zenith Bank Explains Annual Report, Emerges Nigeria’s Best Bank at Global Finance Awards
January 10, 2024 No Responses

Zenith Bank Explains Annual Report, Emerges Nigeria’s Best Bank at Global Finance Awards

Zenith Bank Plc has announced its audited results for the year ended December 31, 2023, achieving a remarkable triple-digit growth of 125% in gross earnings from NGN945.6 billion reported in 2022 to NGN2.132 trillion in 2023.According to the audited financial....
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Zenith Bank Declares N15.70b Interim Dividend
September 12, 2023 No Responses

Zenith Bank Declares N15.70b Interim Dividend

For the half year ended June 2023,  Zenith Bank Plc has declared an interim dividend of N15.70 billion, representing N0.50 per share.  In a notice to the Nigerian Exchange Limited (NGX), the Board of Directors proposed the payment of an interim....
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NGX Sustains Growth, Index Surpasses 68,000 Mark With 33 Per Cent
September 5, 2023 No Responses

NGX Sustains Growth, Index Surpasses 68,000 Mark With 33 Per Cent

The Nigerian Exchange Limited (NGX) has achieved a significant milestone as its All-Share Index (ASI) surged to an unprecedented level of 68,279.14, marking a 1.11% increase. This achievement surpasses the previous record of 66,371.20 points set on March 5, 20...
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Zenith Bank Appoints Juliet Ehimuan As Non-Executive Director
August 30, 2023 No Responses

Zenith Bank Appoints Juliet Ehimuan As Non-Executive Director

The Board of Directors at Zenith Bank Plc has appointed Dr. Juliet Ehimuan as Non-Executive Director of the bank. A notice to the Nigerian Exchange signed by Company Secretary, Michael Osilama Otu said: “The Board of Directors of Zenith Bank Plc...
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Zenith Bank, AfCFTA Sign $1m Smart Portal Trade Deal  
August 9, 2023 No Responses

Zenith Bank, AfCFTA Sign $1m Smart Portal Trade Deal  

Zenith Bank Plc, on Tuesday, signed a Memorandum of Understanding (MoU) with the African Continental Free Trade Area (AfCFTA) to build a smart portal for trade on the African continent.   Under the arrangement, Zenith is to fund the single ...
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Stock Market Recover N18b
April 20, 2023 No Responses

Stock Market Recover N18b

The stock market on Wednesday recorded a positive position, gaining N18 billion to close at N27.871 trillion from the N27.852 trillion posted on Tuesday. Also, the All-Share Index rose by 39.49 points, representing an increase of 0.08 per cent to...
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Market Capitalisation Drops By N5b
April 14, 2023 No Responses

Market Capitalisation Drops By N5b

The stock market on the Nigerian Exchange Ltd. on Thursday recorded a bearish tilt as the overall capitalisation dropped by N5 billion. The All Share Index (ASI) decreased by 8.83 points, representing a decline of 0.02 per cent to close...
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Stock Market Closes Week On Negative Note
January 21, 2023 No Responses

Stock Market Closes Week On Negative Note

The local bourse ended the last trading of the week on a negative note as the performance indices declined by 0.06 per cent.  Specifically, the market capitalisation dropped by N18 billion or 0.06 per cent to close at N28.646 trillion as...
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CVFF: UBA, Zenith Bank, Union Bank, Others To Disburse N16b, $350m
December 12, 2022 No Responses

CVFF: UBA, Zenith Bank, Union Bank, Others To Disburse N16b, $350m

Five Banks have been selected for the disbursement of Cabotage Vessel Financing Fund (CVFF).   The Banks are: United Bank for Africa (UBA), Zenith Bank,  Union Bank of Nigeria, Polaris Bank and Jaiz Bank.    Minister of Trans...
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<strong>Delta Seeks N150b Credit Facility From Zenith Bank, Others</strong>
April 27, 2022 No Responses

Delta Seeks N150b Credit Facility From Zenith Bank, Others

The Delta House of Assembly has approved a request by  Governor  Ifeanyi Okowa for a bridging finance facility of N150 billion in favour of the state government.  The governor’s request  is contained in a letter which was read at&nbs...
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Nigerian Stock Market Extends Losing Streak By N113b
December 3, 2021 No Responses

Nigerian Stock Market Extends Losing Streak By N113b

The Nigerian stock market extended bearish mood on Thursday on the back of sell pressure on Seplat Energy and 33 others.  Specifically, the market capitalisation dropped further by N113 billion or 0.51 per cent to close at N22.044 trillion from...
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Zenith Bank Declares N180b PBT In Nine Months
November 1, 2021 No Responses

Zenith Bank Declares N180b PBT In Nine Months

For the nine months ended September 30, 2021, Zenith Bank Plc has posted a profit before tax (PBT) of N180 billion,  the Group’s unaudited nine months financial results presented to the Nigerian Exchange (NGX)on Sunday, in Lagos, has indicated.&nbs...
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Zenith Bank’s Profit Grows By 2.6% In Six Months
August 28, 2021 No Responses

Zenith Bank’s Profit Grows By 2.6% In Six Months

Zenith Bank Plc has posted a profit before tax (PBT) of N117.05 billion for six months as of June 30, against N114.12 billion achieved in the comparative period of 2020.  This was stated in the company’s interim report signed by...
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