The stock market dip at the end of the week, with investors losing N300 billion as the equity capitalisation ended trade with N21.15 trillion on Friday,...
The market was dominantly bearish last week as losses swept across trade sessions Monday through Friday save for Wednesday, with the developments and other fundamental factors...
The International Finance Corporation (IFC), a member of the World Bank Group, Thursday announced an investment in the sum of $100 million in Zenith Bank Plc...
The Office of the Accountant General of the Federation (OAGF) on Tuesday released a framework on how the COVID-19 funds should be administered. The COVID-19 funds...
The Central Bank of Nigeria (CBN) has collected N1.4 trillion ($3.9 billion) from banks in the country with excess cash holdings as part of strategies to...
The bear returned to the Nigerian bourse on Friday as sell pressure in blue-chip bank stocks caused key performance indices to end in the red. However,...
For about one month, the market has not found a stable footing like the first twenty days of the year when activities were predominantly, if not...
Leading lender, Zenith Bank Plc has recorded an after-tax profit of N208.843 billion for Full Year 2019, thus becoming the second after Stanbic IBTC among Nigeria’s...
Nigeria tier-1 banks, Access Bank, FBN Holdings, Guaranty Trust Bank, United Bank for Africa, and Zenith Bank, also referred to as the FUGAZ, made a total...
The Nigerian Stock Exchange (NSE) had 4 days of bearish sessions that even one day bullish run could not overturn. Within this period a lot of...
Tier 1 lender, Zenith Bank has released its Q3 2019 Consolidated and Separate Interim Financial Statements for the 9 months period ended September 30, 2019. This...
The Nigerian Stock Exchange continued its downward trend in Thursday’s trading session, with the All Share Index closing at 26,456.29 basis point, decline by 0.06%. Year...
The Central Bank of Nigeria (CBN) has refunded part of N500 billion penalty deducted from banks as additional cash reserves after they failed to meet the...
The Economic and Financial Crimes Commission (EFCC) has been ordered to produce in court the 106 boxes containing the N900 million allegedly stolen by two staff...
Founder and Chairman of Zenith Bank, Jim Ovia, has reportedly lost about $64 million in the last six months as the stock price of his bank...
Embattled Senator Peter Nwaoboshi, Representing Delta North senatorial zone has declared that the Federal High Court in Abuja lacks jurisdiction to order an interim forfeiture of...
Embattled Senator Peter Nwaoboshi is swimming deeper in troubled waters, as an Abuja Division of the Federal High Court has ordered the interim forfeiture of his...
Governor Nyesom Wike of Rivers State on Thursday insisted that the Economic and Financial Crimes Commission, EFCC, does not have the power to investigate the finances...
The nation’s stock market got a bashing from the nation’s presidential election and the delay in the announcement of results, as investors lost a total of...
Twenty two stocks witnessed an increase in their prices on Thursday on the floor of the Nigerian Stock Exchange, leading to a rebound in the market,...
In what appears as a shake off of tensions around the general election, investors in Nigeria’s stock market on Thursday gained N228.1 billion as market capitalisation...
The 2019 general elections and the heated political climate in the country have taken a toll on the nation’s stock market, as investors on the Nigerian...
The nation’s stock market, for the first time in 2019, posted slight gain after the close of trading on the floor of the Nigerian Stock Exchange...
Market capitalization on the Nigerian Stock Exchange took a dip on Monday by N89 billion, continuing the downward trend the stock market has witnessed in the...
Market capitalization on the Nigeria Stock Exchange shed N39.89bn on Wednesday as the gains recorded in the previous session were pared. The market capitalisation, which stood...
The market capitalization at the nation’s stock market witnessed a rebound on Tuesday as the capitalisation of listed equities increased by N74.93bn. The market capitalisation rose...
Nigeria’s women basketball league has continued its partnership with Zenith Bank Nig. Plc, who has provided a N24.6million sponsorship package for the 2018 edition of the...
The management of Zenith Bank said its Group Managing Director and Chief Executive, Peter Amangbo, has not been arrested by the Economic and Financial Crimes Commission...
Following the arrest and interrogation of Peter Amangbo, Group Managing Director (GMD) of Zenith Bank, by the Economic and Financial Crimes Commission (EFCC), over alleged illegal...
A top executive at one of Nigeria’s largest banks has been held by anti-graft investigators over a series of transactions his bank allegedly carried out on...
The stock market on Thursday rebounded on bargain hunting in bellwether stocks after two consecutive trading sessions which caused investors to lose N126 billion. Specifically, the...
The stock market on Tuesday extended losses as profit taking activity of market bellwethers continued against the backdrop of political uncertainty, causing the local burse to...
Trading activities on the floor of the Nigerian Stock Exchange (NSE) on Monday recorded bearish performance amid renewed profit taking activity in market bellwethers, dragging the...
The Nigerian Stock Exchange (NSE) on Tuesday extended its bearish performance for the third consecutive trading session on the back of losses in market bellwethers to...
The Nigerian Stock Exchange (NSE) on Thursday extended its bearish performance for the second trading session on sustained profit taking activities, even as 28 stocks advanced...
A staff with Zenith Bank, is presently on the run, after other members of his syndicate were arrested by the police in Lagos State for stealing...
Despite the improving macroeconomic environment, the banking industry seems likely to continue to grapple with Non-Performing Loans (NPLs), in the short-term at least, as financial results...
First Bank of Nigeria Limited, Stanbic IBTC, Standard Chartered Bank (SCB) and Zenith Bank Plc have been appointed the settlement banks for the $2.5 billion bilateral...
Nigerian equities were among the contrarian as global equities rallied on the back of strong optimism on global economic outlook. Despite first quarter 2018 earnings reports by early filers...
By Immanuel James Ibe-Anyanwu… It was past 2pm yesterday and I was at Zenith Bank Okota Branch to submit a document prepared on my company letterhead....
By Immanuel James Ibe-Anyanwu… Times have changed in Nigeria and investigative journalism, once the talisman that freed truth from darkness, is now hardly at work. But...
Nigerian equities remained on the downtrend for the second consecutive trading sessions in the second quarter, raising concerns on the extension of the losing streak that...
Nigerian equities witnessed a major rebound on Tuesday as increased bargain-hunting left the equities with net capital gain of N88 billion. With a day-on-day average gain...
Nigerian equities traded on a tight balance of profit-taking and bargain-hunting on Thursday but the decline in the share prices of Nigeria’s two most capitalised quoted...
Zenith Bank International Plc rode on the back of increased market share to grow its pre-tax profit by about 31 per cent to N152.5 billion in...
Wife of former President Goodluck Jonathan, Mrs. Patience Jonathan, on Wednesday, got a reprieve, when the Senate committee investigating the petitions against the freezing of her...
Nigerian equities were overtly in a bullish mood on Monday as the stock market reopened to increase in bargain-hunting from investors taking positions ahead of the...
Two leading Nigerian equities-Nestle Nigeria and Dangote Cement on Thursday rallied the equities market to its second consecutive positive closing in spite of continuing selling pressure...
It was an all-week upswing at the Nigerian stock market this past week as investors continued to react positively to steady improvements in corporate earnings in...
The board of directors and management of Zenith Bank on Wednesday stepped down the consideration for a new capital raising by the bank, putting a lid...
