Nigeria Breaking News

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Trade: Zenith Bank Signs Smart Portal Pact With AfCFTA

Trade: Zenith Bank Signs Smart Portal Pact With AfCFTA

Zenith Bank Plc, on Tuesday, signed a Memorandum of Understanding (MoU) with the African Continental Free Trade Area (AfCFTA) to build a smart portal for trade on the African continent. Under the arrangement, Zenith is to fund the single portal for trade information with $1 million. The MoU was signed by the Group Chief Executive …

Shareholders approve HoldCo structure for Zenith Bank at EGM

Shareholders approve HoldCo structure for Zenith Bank at EGM

Shareholders of Zenith Bank Plc have unanimously ratified the restructuring of the Bank to a holding company during a court-ordered Extraordinary General Meeting (EGM) held virtually from Zenith Heights,on Victoria Island, Lagos at the weekend. In a statement issued by the bank, its shareholders voted in favour of transferring 31,396,493,787 ordinary shares of 50 Kobo …

Zenith Bank, AfCFTA Unveil SMARTAfCFTA Portal To Revolutionize African trade

Zenith Bank, AfCFTA Unveil SMARTAfCFTA Portal To Revolutionize African trade

Chairman of Zenpay Limited, Dr. Ebenezer Onyeagwu (left) and Secretary-General of the African Continental Free Trade Area (AfCFTA) Secretariat, Wamkele Mene, during the signing of a Memorandum of Understanding (MoU) for the development and deployment of  SMARTAfCFTA Portal to facilitate trade in Africa at Zenith Bank Head Office in Lagos. A subsidiary of Zenith Bank, …

Zenith Bank Wins Best Commercial Bank, Corporate Governance Award

Zenith Bank Wins Best Commercial Bank, Corporate Governance Award

Zenith Bank Plc has emerged as the best commercial bank, Nigeria in the World Finance Banking Awards 2024, retaining the award for the fourth consecutive year. The bank was also named as the best financial institution in corporate governance, Nigeria for the third year running in the World Finance Corporate Governance Awards 2024. The awards, …

Zenith Bank Floats Rights Issue, Public Offer To Raise N290 Billion Capital

Zenith Bank Floats Rights Issue, Public Offer To Raise N290 Billion Capital

Executive Director, Zenith Bank Plc, Louis Odom (right); Executive Director, Akin Ogunranti; Chief Executive, Stanbic IBTC Capital Limited, Oladele Sotubo; Group Managing Director and Chief Executive Officer, Zenith Bank Plc, Dr. Adaora Umeoji; Company Secretary, Michael Otu; Executive Director, Stanbic IBTC Capital Limited, Mrs. Oyindamola Akinyemi; Executive Director, Henry Oroh; Executive Director, Mrs. Adobi Nwapa …

Zenith Bank Half-Year Profit Rises By 107.5% To N578 Billion On Interest Income Surge

Zenith Bank Half-Year Profit Rises By 107.5% To N578 Billion On Interest Income Surge

By Edu Abade The First Tier financial institution proposed N31.4 billion in total interim dividend to shareholders, amounting to double of the cash it paid to shareholders in the corresponding period of last year, which translates to N1 per share. Its audited financial records show that Zenith Bank also reported roughly twice the net profit …

Zenith Bank, Stakeholders Restate Commitment To Economic Diversification, Viable Non-Oil Export Sector

Zenith Bank, Stakeholders Restate Commitment To Economic Diversification, Viable Non-Oil Export Sector

By Edu Abade. In a bid to further diversify the Nigerian economy, Zenith Bank Plc and stakeholders from different sectors have insisted on creating an enabling environment and concerted efforts to add value to non-oil export products by processing them into semi-finished and finished goods to unlock more economic benefits for Nigeria. This was the …