zenith bank

SEVEN NIGERIAN BANKS RECORD N132.45 BILLION IN E-BUSINESS REVENUE FOR H1 2024 Detailed Breakdown: Seven prominent Nigerian banks collectively generated N132.45 billion from their e-business operations in the first half of 2024, showcasing a significant surge in digital banking adoption across...

ZENITH BANK TO RAISE N290BN FRESH CAPITAL 1. Overview of Capital Raise: - Amount to Raise: Zenith Bank plans to raise approximately ₦290 billion. - Purpose: The amount exceeds the ₦230 billion required by the Central Bank of Nigeria (CBN) for recapitalization. 2. Details of the Capital...

UMEOJI PROJECTS OVER N1TN ZENITH BANK PROFIT IN 2024 Zenith Bank’s Group Managing Director/Chief Executive Officer, Dr. Adaora Umeoji, announced that the bank is on track to surpass N1 trillion in profit for the financial year 2024. Speaking at the bank’s Capital Markets Day in Lagos, Umeoji...

ZENITH BANK WINS MULTIPLE AWARDS Zenith Bank Plc has been honored with two awards at the World Finance 2024 Awards. The bank was named the Best Commercial Bank in Nigeria for the fourth consecutive year and also received the Best Corporate Governance award in Nigeria for the third year in a...

OTEDOLA REGAINS POSITION AS FIRST BANK’s MAJORITY SHAREHOLDER, INCREASES STAKE TO 9.41% Nigerian billionaire Femi Otedola, Chairman of FBN Holdings, has reclaimed his status as the majority shareholder of First Bank. Otedola now holds a 9.41% stake in the bank following a significant...

Femi Otedola exposes Zenith Bank CEO for fund misappropriation Nigerian billionaire businessman Femi Otedola exposes the CEO of Zenith Bank, Jim Ovia, for fund misappropriation after detecting some fraudulent activities in his company's account—Seaforce Shipping Limited. It was reported that an...

FEMI OTEDOLA ACCUSES JIM OVIA OF FRAUDULENT TRANSACTIONS IN ZENITH ACCOUNT Billionaire businessman Femi Otedola has accused Jim Ovia, Chairman of Zenith Bank Plc, of using an account belonging to his company, Seaforce Shipping Limited, for unauthorized trading in 2011. Otedola has submitted...

ZENITH BANK CEO INDUCTED CIS ASSOCIATE MEMBER Zenith Bank's CEO, Ebenezer Onyeagwu, has been inducted as an associate member of the Chartered Institute of Stockbrokers. CIS President Oluropo Dada praised Onyeagwu's successful completion of the institute’s professional exam and a practical...

Femi Otedola sues Zenith Bank, demands N100 billion compensation Nigerian billionaire businessman, Femi Otedola sues Zenith Bank and demands a N100 billion compensation. He personally sued Zenith Bank and also sued them in the name of his companies: Zenon Petroleum and Gas Limited, Seaforce...

Actress Shan George pleads for help after fraudsters wiped N3.6 million from her Zenith account Nigerian actress Shan George pleads for help after her life savings of N3.6 million were wiped from her account. She saved in Zenith Bank and was shocked to receive an alert stating she authorized a...

Zenith Bank Plc earnings rose to a market valuation of over N1 trillion making it the first financial institution in Nigeria to surpass the billion bracket. According to statistics, from the Nigerian stock exchange, Zenith Bank is the most valued financial institution brand listed on the...

Awards came in for one of Zenith's special in the person of Dr. Mukhtar Adam, the Chief Financial Officer of Zenith Bank Plc, who was awarded the 'Chief Financial Officer of the Year' at the just concluded 11th All Africa Business Leaders Awards (AABLA) in association with CNBC Africa. The...

So how did Zenith achieve this? I want to do a deep dive into how to make profits in a recession. However, it is important to start with a background on how banks make money which is basically in two ways; Interest income: which is income generated from the bank gathering deposits from...

Here are some of the top performers for today on the Nigerian stock exchange. DANGCEM N121 N133.1 12.1 10.00% NB N24.4 N26.8 2.4 9.84% GUARANTY N20.45 N21.9 1.45 7.09% ZENITHBANK N14.5 N15.9 1.4 9.66% DANGSUGAR N11.7 N12.7 1 8.55%