Zenith Declares N280.4b Profit, Rewards Shareholders With N97.32 billion

Written by Izuchukwu Okosi

Zenith Bank, in line with its consistent impressive financial performance and customer service delivery, has announced an improved balance sheet for 2021.

Join our WhatsApp Channel

The bank announced N280.4 billion profit before tax (PBT) for the year ended December 2021, amid the economic crisis induced by the COVID-19 pandemic and the attendant lockdowns.

The multiple winner of the ‘Nigerian Bank of the Year’ prize also pronounced final dividend pay-out of N2.80 per share, which brings the total dividend to N3.10 per share.

The bank hopes to pay shareholders the sum of N97.32 billion total dividends for the year 2021.

Izuchukwu Okosi

+ posts

Izuchukwu Okosi is a Nigerian sports and entertainment journalist with two decades of experience in the media industry having begun his media journey in 2002 as an intern at Mundial Sports International (MSI) and Africa Independent Television (AIT), owners of Daar Communications Plc.

Latest from Business News

Elumelu Raises Seplat Energy Stake to 21.07% With £53.2 Million Purchase

Written by Amanze Chinonye Nigerian billionaire Tony Elumelu has increased his stake in Seplat Energy to 21.07% after Heirs Energies, a company he controls, bought six million additional shares in the Nigerian oil and gas producer for £53.22 million, or about ₦93.8 billion

Fuel Subsidy: World Bank Must Allow Africa’s Poor Breathe

World Bank Flags Taxes, Bribery as Constraints on Kenya Businesses

Written by Amanze Chinonye Kenya’s private sector faces higher costs and uncertainty from multiple taxes, regulatory hurdles and bribery, the World Bank said on Thursday, warning that the constraints are weighing on investment and business growth. While Kenya’s corporate income tax rate is

Rwanda Expands Fuel Imports Through Mombasa under Kenya Deal

Written by Amanze Chinonye Rwanda has begun importing bulk refined petroleum products through Kenya’s Mombasa port under a new government-to-government arrangement aimed at diversifying its fuel supply routes and strengthening energy security, with the first 40,000-tonne cargo arriving this week. Join our WhatsApp

Ghana Wins $393 Million Tullow Tax Case, Weighs Impact on Oil Operations

Written by Amanze Chinonye Ghana has secured a ruling upholding a $393.1 million tax assessment against Tullow Ghana Limited, a decision that could affect the oil producer’s finances as the government seeks to collect the liability without disrupting operations in the country’s key

Wealth Without Access is Stranded Wealth – Opiva Capital Chairman

Written by Kamsiyochukwu Mbamalu The Chairman of Optiva Capital Partners, Franklin Nechi, has called on African entrepreneurs, investors and families to move beyond traditional wealth accumulation and embrace global access as a strategic tool for business growth, family security and intergenerational legacy. Nechi

Cookie	Duration	Description
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Zenith Declares N280.4b Profit, Rewards Shareholders With N97.32 billion

Izuchukwu Okosi

Izuchukwu Okosi

Related Posts

UAC Nigeria Overcomes Soaring Expenses To Post N34bn Profit

Eterna Grows Profit By 388% — Despite N203m FX Loss In H1 2026

Caverton Offshore Records N8bn Loss As Revenue Drops 10%

N1.91trn Gain In Seven Hours: Nigerian Stock Market Continues Winning Streak

United Nations Envoys Walk Out On Russia Prime Minister

Zero Emission And ‘Driverless’ Cars

Featured Stories

Wealth Without Access is Stranded Wealth – Opiva Capital Chairman

‘Naija Spirit’ Heads to Birnin Kebbi After UNILAG Outing

Related Posts

UAC Nigeria Overcomes Soaring Expenses To Post N34bn Profit

Eterna Grows Profit By 388% — Despite N203m FX Loss In H1 2026

Caverton Offshore Records N8bn Loss As Revenue Drops 10%

N1.91trn Gain In Seven Hours: Nigerian Stock Market Continues Winning Streak

Latest from Business News

Elumelu Raises Seplat Energy Stake to 21.07% With £53.2 Million Purchase

World Bank Flags Taxes, Bribery as Constraints on Kenya Businesses

Rwanda Expands Fuel Imports Through Mombasa under Kenya Deal

Ghana Wins $393 Million Tullow Tax Case, Weighs Impact on Oil Operations

Wealth Without Access is Stranded Wealth – Opiva Capital Chairman

United Nations Envoys Walk Out On Russia Prime Minister

Zero Emission And ‘Driverless’ Cars

G7 Agrees 100 Million-Barrel Oil Release to Ease Global Energy Market Pressure

Suggestions

Zenith Declares N280.4b Profit, Rewards Shareholders With N97.32 billion

Related Posts

United Nations Envoys Walk Out On Russia Prime Minister

Zero Emission And ‘Driverless’ Cars

Featured Stories

Related Posts

Latest from Business News

United Nations Envoys Walk Out On Russia Prime Minister

Zero Emission And ‘Driverless’ Cars

Don't Miss