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Zenith Bank - Page 2

CBN Fines Zenith Bank, Fidelity Bank, GTCO, Six Other Banks N16.98bn

The Central Bank of Nigeria (CBN) fined commercial banks N17.35 billion in 2024, with the penalty increasing by N16.98 billion compared to the N369,71 million the financial institutions paid in 2023. According to Prime Business Africa’s findings, CBN fined nine banks, out

June 9, 2025

Zenith Bank Records 117% Gross Earnings Growth In H1 2024

Business·Top Stories

Zenith Bank’s Revenue Increased To N949.85bn, Profit Grew By 20.70% In Q1 2025

Zenith Bank’s revenue for the first quarter (Q1) of 2025 increased by 21.68 percent to N949.85 billion, up from N780.61 billion generated in the same quarter in 2024. The lender, in its consolidated and separate unaudited financial statements for the period ended

June 3, 2025

NGX ASI Further Drops By 0.67%, As BUA Cement, Eterna Among Top Losers

Business·Top Stories

Nigerian Stock Market Cap Gains N1.08trn In Five Hours

On Tuesday, May 27, the market capitalisation of the Nigerian stock market increased by N1.08 trillion from N69.29 trillion on Monday, May 26, to N70.37 trillion. This followed the 1,721.3 basis points gained by the all-share index (ASI), which expanded from 109,884.92

May 27, 2025

Business·Top Stories

Nigeria’s Stock Market Extends Upward Trend With N307bn Gain

Trading ended with a 0.45 per cent or N307.16 billion increase in the Nigerian bourse’s capitalisation on Wednesday, May 7, after it rose from N68.10 trillion on Tuesday, May 6, to N68.41 trillion. Similarly, the all-share index (ASI) appreciated by 488.73 index

May 7, 2025

Business·Top Stories

Top Five Most Valuable Banks In Nigeria

The Guaranty Trust Holding Company (GTCO), Zenith Bank, United Bank for Africa (UBA), Access Holdings and First HoldCo are the top five most valuable banks in Nigeria. According to Prime Business Africa’s analysis, the banks, with a combined market capitalisation of N7.46

April 30, 2025

Business·Top Stories

Access Holdings, Sterling Among Five Worst-Performing Bank Stocks

Out of 13 banks listed on the Nigerian stock market, three recorded a decline in their shareholders’ investment value, while 10 recorded growth in the first quarter (Q1) of 2025. During the period in review, the banking index increased by 6.67 per

April 28, 2025

Business·Top Stories

Zenith Bank loses N5.26 billion to fraudsters

Zenith Bank recorded 497 fraud incidents in 2024, which are valued at N7.74 billion or $62 million. According to the company’s financial statements for the year ended December 31, 2024, the fraud incidents dropped compared to 523 cases, worth N894.4 million, recorded

April 21, 2025

Business·Top Stories

Zenith Bank Generates N3.97trn Revenue In One Year – Up By 86.27%

Zenith Bank generated N3.97 trillion revenue last year, according to the company’s consolidated and separate statements for the year ended December 31, 2024. The financial institution recorded 86.27 percent growth in its gross earnings, which surpassed the N2.13 trillion generated in the

April 21, 2025

Markets

Female Bank CEOs Score Big In Stock Market: Umeoji, Onyeali-Ikpe’s N294.97m Windfall

In a remarkable display of financial prowess, two female bank CEOs, Adaora Umeoji of Zenith Bank and Nneka Onyeali-Ikpe of Fidelity Bank, have collectively earned N294.97 million in the stock market over the past three months. As the only female CEOs with

April 9, 2025

Markets

Zenith Bank Chairman, Jim Ovia, Rakes In N26.88bn As Shares Soar

Jim Ovia, the chairman of Zenith Bank, has made a whopping N26.88 billion through his investment in the financial institution in 2024, following a 13.01 percent increase in the company’s share price. This significant gain is a testament to the bank’s strong

April 7, 2025

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Zenith Bank - Page 2

CBN Fines Zenith Bank, Fidelity Bank, GTCO, Six Other Banks N16.98bn

Zenith Bank’s Revenue Increased To N949.85bn, Profit Grew By 20.70% In Q1 2025

Nigerian Stock Market Cap Gains N1.08trn In Five Hours

Nigeria’s Stock Market Extends Upward Trend With N307bn Gain

Top Five Most Valuable Banks In Nigeria

Access Holdings, Sterling Among Five Worst-Performing Bank Stocks

Zenith Bank loses N5.26 billion to fraudsters

Zenith Bank Generates N3.97trn Revenue In One Year – Up By 86.27%

Female Bank CEOs Score Big In Stock Market: Umeoji, Onyeali-Ikpe’s N294.97m Windfall

Zenith Bank Chairman, Jim Ovia, Rakes In N26.88bn As Shares Soar

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Zenith Bank - Page 2

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