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Tag: Zenith bank

Zenith Bank ranks among top 100 global corporation
Banking

Zenith Bank ranks among top 100 global corporation

Zenith Bank Plc has been named one of the World’s top 100 companies by World Finance Magazine. The PUNCH reported that the bank was the sole Nigerian firm on the exclusive list. Zenith Bank’s presence on the list, according to World Finance Magazine, “highlights its outstanding achievements and resilience in a dynamic and competitive global market.” […]

Zenith Bank director purchases 1.7m shares
News

Zenith Bank director purchases 1.7m shares

Bisola David An executive director of Zenith Bank Plc, Dr Temitope Fasoranti, has acquired more than 1.7 million shares in the lender. The Punch reported that this was disclosed in a corporate notice filed with the Nigerian Exchange Limited on Thursday and signed by the company secretary and general counsel of Zenith Bank, Michael Otu. […]

Zenith Bank reports N1.03trn profit in 2024 financial results
Business News

Zenith Bank to open branch in France

Nigerian Zenith Bank will open a location in France in the upcoming months, according to CEO Ebenezer Onyeagwu. According to Onyeagwu, the bank and the French government have inked a Memorandum of Understanding to begin the process of issuing a banking license, which will allow the bank to begin operations in France. The CEO did […]

Yuletide: Zenith bank lights up Lagos communities
Banking

Yuletide: Zenith bank lights up Lagos communities

Zenith Bank has kicked off the Yuletide season by lighting up Ajose Adeogun Street and Roundabout in Lagos’ Victoria Island. The Group Managing Director of Zenith Bank Plc, Ebenezer Onyeagwu, carried out the light-up ceremony on Saturday, according to a statement released on Sunday. It said that the bank’s 17th annual Light Up Ceremony was part of […]

Zenith Bank ranks among top 100 global corporation
Banking

Zenith Bank increases revenue by 139% to N967bn in H1

Zenith Bank’s gross earnings increased by 139% in the first half of the year, from N404.8 billion to N967.3 billion, thanks to higher interest revenue and gains from currency revaluation. The Punch reported that the banking group’s H1 2023 report, which was submitted on Monday to the Nigerian Exchange Limited, shows that at the end of […]

Zenith Bank customers voice frustrations over online banking issues
News Tech

Zenith Bank, AFCTA signs MOU to build smart trade portal

Zenith Bank of Nigeria and the African Continental Free Trade Area have signed a Memorandum of Understanding in order to create a smart platform for trade across the continent. Zenith will contribute $1 million towards the cost of the unified African commercial information platform. During the ongoing 2023 Zenith Bank International Trade Seminar in Lagos, […]

Zenith Bank raises staff salary by 20%
Banking

Elections: Zenith Bank informs customers of early closure

  By Christian George Zenith Bank has notified its customers of early closure on Friday. The notice states that its branches nationwide will be closed to customers on Friday, February 24, 2023 by 12:30pm. However, the bank had made available its digital channel to aid customers carry out their transactions seamlessly. The alternative channels, according […]

Life Style

Zenith Bank’s chair Jim Ovia clocks 71

Forbes listed, Nigerian businessman and founder of Zenith Bank, Jim James Ovia CFR CON celebrates as he clocks 71, November 4.   Jim Ovia was born November 4 1951 in Delta State. He was once named as one of the 50 richest people in Africa according to Forbes.   As expected, accolades have poured in […]

Zenith Bank's Q3 earnings hit N620.6bn
Banking

Zenith Bank’s Q3 earnings hit N620.6bn

Zenith Bank Plc stated that its gross earnings increased 20 per cent in the third quarter of 2022 to N620.6bn from N518.7bn in the third quarter of 2021, indicating macroeconomic stability. According to The PUNCH, it was disclosed in its non-validated results for the third quarter statement highlighted ‘Zenith Bank surmounts macroeconomic headwinds with double-digit […]

How Nigerian banks performed first half of 2022
Banking

Zenith, GTB, others record ₦500bn after tax profit

Zenith Bank takes the lead as the Nigeria Exchange posted N501.13 billion after tax profit of 13 banks in the first six month of 2021. The record showed a 13.1 per cent increase compared to the N443.17 billion recorded in the corresponding period in 2021, according to Nairametrics.   Taking a cue from the financial […]