Zenith Bank Plc has posted a profit before tax (PBT) of N625.63 billion for the half-year ended June 30, 2025, representing a strong performance in a transitioning macroeconomic environment. The Board approved an interim dividend of N1.25 per share, a 25% increase from the N1.00 paid in H1 2024, reinforcing the Bank’s reputation as a […]
The Zenith Bank Plc at the weekend in celebrated 35 years of trusted banking service recognised pioneer customers and long-serving staff with a commemorative event held at the Eko Hotel and Suites in Victoria Island, Lagos on 15th August 2025. Dame Dr. Adaora Umeoji OON, Group Managing Director/Chief Executive Officer , reaffirmed the bank’s commitment […]
Zenith Bank Plc has announced that it will fully exit all regulatory forbearance arrangements granted by the Central Bank of Nigeria (CBN) by June 30, 2025. In a statement filed with the Nigerian Exchange Limited on Wednesday, the tier-one lender confirmed that it has exceeded the CBN’s new minimum capital requirement of ₦500 billion and […]
In a strategic move to reinforce stability in Nigeria’s financial system, the Central Bank of Nigeria (CBN) recently introduced a forbearance policy — a well-intentioned framework designed to offer regulatory relief and provide banks with leeway to navigate evolving economic pressures. While some might view this policy as a response to stress signals, a closer […]
Shareholders of Zenith Bank Plc, at the 34th Annual General Meeting (AGM) held at the Civic Centre, Victoria Island, Lagos, on Tuesday, April 29, 2025, approved the proposed final dividend payment of NGN4.00 per share, bringing the total dividend for the 2024 financial year to NGN5.00 per share, with a total value of NGN195.67 billion. […]
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 […]
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 […]
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 […]
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 […]
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 […]
…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 […]
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 […]