Abia State Governor, Dr. Alex Otti, on Tuesday, played host to the Managing Director of Zenith Bank, one of Nigeria’s biggest lenders, who came on a courtesy visit. Mr. Onyeagwu came with
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Nigerian bourse’s market capitalisation went up from Friday’s N30.45 trillion to N31.67 trillion on Tuesday, indicating N1.21 trillion or 3.99% growth in the stock exchange valuation. It followed the same path as
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The Group Managing Director and Chief Executive Officer of Zenith Bank, Ebenezer Onyeagwu, has acquired 8 million shares in the company. He parted with N191.80 million to acquire the shares, which increased
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The Nigerian banking industry is in the season of transition from a core banking operation to a Holding Company (HoldCo) structure. Out of 15 commercial banks operating in Nigeria, at least seven
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Nigerian commercial banks suffered significant losses in Ghana in 2022, over the government’s inability to meet its debt obligations. Prime Business Africa gathered that Zenith Bank and UBA lost N76.04 billion in
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PBA brings you the latest news and updates on Nigerian banks and their audited full year results for the year ending December 31, 2022. Below are the banks’ audited results: UBA Announces
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United Bank for Africa (UBA) and Stanbic IBTC are facing various lawsuits that could result in significant revenue losses for the financial institutions. As of 2022, about 411 cases have been filed
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Zenith Bank has released its financial statement for the period ended December 31, 2022, disclosing the firm’s net profit depreciated by -8.44 per cent. The lender reported that its profit after tax
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Nigerian Exchange Limited, the capital market authority, revealed that the equity capitalisation of the stock market lost N621.99 billion on Monday. It closed at N29.28 trillion market capitalisation, which is -2.08 per
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Nigerian bourse depreciated by N3.34 billion after the trading session on Monday, 13 March 2023, to close at N30.391 trillion from N30.394 trillion. This was after the All-Share Index depreciated by -0.01
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