✨ Zenith Bank Shines Again: Retains Top Spot in Nigeria for 16th Consecutive Year! ✨

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Olori Uwem

Well-Known Member
Mar 18, 2024
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✨ Zenith Bank Shines Again: Retains Top Spot in Nigeria for 16th Consecutive Year! ✨

Another milestone moment for Zenith Bank! For the 16th year in a row, Zenith Bank Plc has been crowned Nigeria’s number one bank by Tier-1 Capital, according to the prestigious 2025 Top 1000 World Banks’ Rankings published by The Banker, a Financial Times UK publication.

Global Rank: 581st
Tier-1 Capital: $2 Billion
Ranking Year Basis: 2024 year-end results

Tier-1 capital is a key metric that shows a bank’s financial strength and ability to withstand economic shocks — and Zenith is standing tall. This category includes core elements such as common stock, retained earnings, and disclosed reserves.

Speaking on the achievement, Dr. Adaora Umeoji, GMD/CEO of Zenith Bank, said:

“This is a reflection of our strong financial performance, prudent risk management, and unwavering commitment to creating value for our customers and stakeholders.”

She extended appreciation to:
• Jim Ovia, the bank’s visionary founder and chairman
• Loyal customers for their continued trust
• Board and staff for sound governance and tireless dedication

2024 Financial Highlights:
• Gross Earnings grew by 86% — from ₦2.13 trillion (2023) to ₦3.97 trillion
• Interest Income jumped 138%, driven by smart investments and loan growth
• Profit Before Tax surged to ₦1.3 trillion, up 67% from ₦796 billion
• Total Dividend Paid: ₦195.67 billion (₦5.00 per ordinary share)

Zenith Bank continues to demonstrate strength, innovation, and leadership in Nigeria’s financial space — not just maintaining its dominance, but raising the bar for excellence.

Congratulations to the entire Zenith family!