Headlines

Zenith Bank posts exceptional H1 2024 performance with 117% surge in gross earnings to N2.1trn

DailyTimesNGR DailyTimesNGR 2 September 2024 0

..Pays N1.00 per share interim dividend BY MOTOLANI OSENI Zenith Bank Plc has recorded an impressive triple-digit growth of 117 per cent in gross earnings from N967.3 billion reported in H1 2023 to N2.1 trillion in H1 2024, the bank’s audited results for the half-year ended 30 June 2024

News

Zenith Bank Appoints Dame (Dr.) Adaora Umeoji as GMD/CEO

Ihesiulo Grace 19 March 2024 0

Zenith Bank Plc has announced the appointment of Dame (Dr.) Adaora Umeoji, OON, as Group Managing Director/Chief Executive with effect from June 1, 2024, subject to approval by the Central Bank of Nigeria (CBN). She takes over from Dr. Ebenezer Onyeagwu, whose five-year term expires on May 31, 2024, after a very successful tenure. Dame […]

Business

Financial services sector most improved sector since 2004-Ovia

Ihesiulo Grace 16 March 2020 0

Chairman of Zenith bank Plc, Jim Ovia says the financial services sector is one of the most improved sectors of the Nigerian economy since recapitalization in 2004. According to him, the sector has recorded successes especially in raising capital for businesses to thrive. ALSO READ: FG commends ANSG over youth programmes He was speaking at […]

Banking Business Economy Money Money

60% LDR: How stock price of sanctioned banks depreciate on NSE

Ihesiulo Grace 4 October 2019 0

The stock price of five banks out of 12 sanctioned by the Central Bank of Nigeria (CBN) on Thursday depreciated on The Nigerian Stock Exchange (NSE). The apex bank on Wednesday debited 12 banks who failed to meet the initial deadline of 60 per cent Loan to Deposit Ratio (LDR) by September 30, 2019, in […]

Banking Business Celebrities Entertainment

Customers, Lagosians agog for Zenith Bank’s Aspire Music Festival

Ihesiulo Grace 18 September 2019 0

Temitope Adebayo All is now set for the “Zenith Bank Aspire Music Festival” holding on Saturday at the Harbour Point Event Centre, Victoria Island, Lagos by 5 pm. Dubbed as the most anticipated entertainment event of the year, the breathtaking festival promises to be a night to remember, as it will feature captivating and thrilling […]

Banking Business

Zenith Bank hikes profit by 4%, proposes N0.30 dividend

Ihesiulo Grace 20 August 2019 0

Temitope Adebayo Zenith Bank plc has announced a four per cent increase in profit before tax in its audited result and accounts for the half-year (H1) ended June 30, 2019. The financial an institution in its accounts to on the Nigerian Stock Exchange (NSE) on Monday reported N111.7 billion profit before tax in H1 2019 […]

Business

Investors in equities market lose N26.4bn in one day

Ihesiulo Grace 10 May 2019

…As ASI declines by 0.24% Temitope Adebayo Investors in the equities market of the Nigeria Stock Exchange (NSE) continued its bearish run for the fourth consecutive trading session to lose N26.4 billion which was impacted by price depreciation recorded in medium and large capitalized stocks. The All Share Index (ASI) dropped 70.16 basis points, representing […]

Headlines News

How 13 banks rake N96.7bn from accounts maintenance in 2017

Ihesiulo Grace 31 May 2018 0

No fewer than 13 commercial banks operating in the country have realised a whopping N96.7 billion from maintaining customers’ accounts in 2017, against N84 billion raked in the previous year from charges on customers with, current and term deposit. This translates into a 14.8 per cent increase the 13 banks recorded in maintaining customers’ accounts […]