Zenith Bank Plc has announced its unaudited results for the third quarter ended 30 September 2023, recording a remarkable triple-digit growth of 114% from N620.6 billion reported in Q3 2022 to N1.33 trillion in Q3 2023. According to the bank, the performance demonstrates the Group’s resilience and strong market share despite a very challenging macroeconomic environment. According to the bank’s Read More
NTN Nigeria, Dangote Cement and Zenith Bank are among Nigeria’s five most profitable companies in Nigeria, demonstrating resilience and achieving impressive financial results in 2022 despite economic challenges. MTN Nigeria emerged as the most profitable company with significant revenue growth and increased dividends to shareholders. According to its audited 2022 financial report, the telecom giant recorded a profit before tax Read More
For the fourth consecutive year, Zenith Bank Plc has been named as the Best Corporate Governance ‘Financial Services’ Africa 2023 by the Ethical Boardroom. The award, which was published in the Spring 2023 edition of The Ethical Boardroom magazine, is in recognition of the bank’s adherence to global best practices and institutionalization of corporate governance, setting an industry-wide example of Read More
Shareholders of Zenith Bank Plc, on Wednesday unanimously approved the proposed final dividend payment of NGN2.90 per share. The shareholders, gave the approval at the Banks Annual General Meeting. According to the Bank, the amount brings the total dividend for the 2022 financial year to NGN3.20 per share, with a total value of NGN100.47 billion. In his opening remarks, In Read More
The domestic equity market Thursday recorded its fourth consecutive loss this week, bringing down the benchmark index by 0.47 per cent as investors sold off shares Transcorp, Zenith bank and others. The All-Share Index (ASI) decreased by 24.84 basis points, to close at 52994.13 points from 53,018.97 reported the previous day Market capitalisation of listed equities also declined further by Read More
Analysis of the financial and equity performances thirteen quoted banks in Nigeria showed that they raked in a sum of N298.84 billion as post-tax profit between July and September 2022, representing an increase of 29.9 per cent compared to N228.54 billion recorded in the corresponding period of 2021. In terms of profit after tax, Zenith, GTCo, and Access Bank led Read More
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