Nigeria’s lender, Zenith International Bank PLC, yesterday announced it recorded about ₦193 billion in profit after tax in its Group Accounts for the financial year ended December 31, 2018. Highlights of its financial statement presented to shareholders by board Chairman, Mr Jim Ovia, at its 28th annual general meeting held in Lagos, Monday showed that […]
Read More Segun Edwards Consolidating on on its resilience and strong market share, Nigeria’s foremost financial institution, Zenith Bank has announced an impressive result for the year ended December 31, 2018 with profit before tax (PBT) rising to ₦232 billion for the 12 months ended December 31, 2018. While also, demonstrating of its commitment to its shareholders, […]
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Managing Director/Chief Executive, Zenith Bank Plc, Mr. Peter Amangbo, said that the bank is pursuing a retail strategy focussed on increased lending to small businesses, households and individuals at affordable interest rate. He disclosed this yesterday in an exclusive interview with correspondent. Noting that the sluggish loan growth in the banking industry in 2018 might […]
Read More Aiming to ensure that its numerous customers are protected and operate their accounts in a safe and secure environment, major financial institution, Zenith Bank has scored yet another first with the introduction of Account Blocking code *966*911#. The bank disclosed this in a statement at the weekend, stating that customers who suspect their accounts have […]
Read More Zenith Bank Plc is set to light up the social and entertainment scene this December with the launch of “Style by Zenith.” “Style by Zenith,” a flagship lifestyle, beauty, fashion, accessories and entertainment fair, powered by Zenith Bank in conjunction with Fashion One, a foremost international lifestyle and entertainment company, would hold in Lagos on […]
Read More Zenith Bank Plc has launched the Unstructured Supplementary Service Data, USSD, payments on Point of Sales (USSD on POS), enabling customers to pay for goods and services via POS terminals in merchant locations or on e-commerce websites without the use of cards. The innovative payment solution, which is powered by CoralPay, allows Zenith Bank customers […]
Read More Zenith Bank Plc, Access Bank Plc and FBN Holdings Plc contributed 51.66 per cent and 51.85 per cent to the total equity turnover volume and value, respectively at the end of trading on the Nigerian Stock Exchange last week. Trading in the three equities accounted for 557.380 million shares (when measured by volume) worth ₦9.434 […]
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The Nigerian equities market opened the week on a bullish note as investors continued to react positively to nine month corporate earnings of companies. Gains by 17 stocks, including market leader, Dangote Cement Plc, Zenith Bank Plc, Guaranty Trust Bank Plc and Stanbic IBTC Holdings Plc, lifted the market capitalisation by ₦105 billion to ₦12.119 […]
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The women’s basketball league is expected to commence soon as title sponsor Zenith Bank Nigeria Plc on Wednesday revealed a package of ₦24.6 million for the 2018 edition. The bank in a briefing held at the National Stadium in Surulere, Lagos disclosed that they are proud to continue their partnership with the Nigeria Basketball Federation, […]
Read More Zenith Bank Plc Thursday released its financial results for the nine months ended September 30, 2018, showing a decline in top-line but a growth in bottom-line. Zenith Bank recorded gross earnings of ₦474.697 billion in 2018, down by 11 per cent, compared with the ₦531.2 billion posted by the bank in the corresponding period of […]
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Mr Godwin Emefiele, Governor, Central Bank of Nigeria (CBN), on Monday paid an unannounced visit to First Bank, UBA and Zenith banks offices in Abuja to inspect sales of foreign currencies to customers. He said that the visit was to ascertain banks compliance with the new directive by the CBN to sell foreign currencies to […]
Read More Nigeria’s major financial services giant, Zenith Bank Plc on Thursday released its first quarter ended March 31, 2018, financial results, which showed a significant growth of 25.55 percent in profits. The bank joined Guaranty Trust Bank Plc among the tier one banks who have released their results for the period. Accordingly, investors hailed the results, […]
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