The Nigerian stock market continued its bullish run this week as investor confidence pushed the market capitalisation of the Nigerian Exchange Limited (NGX) past the N70 trillion threshold for the …
ZENITH BANK
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BusinessINVESTMENTMarketsNewsNigeria
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BusinessEconomyInsuranceLeadershipNewsNigeria
Prudential Zenith Life Appoints Funmilayo Omo as CEO, ‘Tokunboh Ishmael as Board Chair After Full Takeover by Prudential Plc
Prudential Zenith Life Insurance Limited has appointed Mrs. Funmilayo Abimbola Omo as its new Managing Director and Chief Executive Officer. The company also announced the appointment of Ms. ‘Tokunboh Ishmael …
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Banking, Finance & InvestmentEconomyINVESTMENTNigeriaSpotlightZenith Bank
Zenith Bank Shareholders Approve N195.67bn Final Dividend Amid Strong 2024 Performance
Shareholders of Zenith Bank Plc have approved a final dividend payout of N4.00 per share, bringing the total dividend for the 2024 financial year to N5.00 per share. This amounts …
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BusinessEconomyFinance & ServicesGOVERNMENT
Dangote Cement Wins Platinum at Corporate Reporting Awards
Reporting Award for 2023, with MTN Nigeria taking the gold and Seplat Energy emerging as the runner-up. The award ceremony, held on Tuesday at the Nigerian Exchange (NGX), was organized …
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Banking, Finance & InvestmentGOVERNMENTOil & GasPolicies
Fitch: Banks Can Withstand Windfall Tax, Despite Rising Economic Pressures
Global credit rating agency, Fitch Ratings, has expressed confidence in the resilience of Nigerian banks, stating that their strong profitability will cushion the impact of the recently imposed windfall tax …
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Banking, Finance & InvestmentEconomyGOVERNMENTNigeriaWestern Africa
Six Banks Pay Over N751bn in Taxes for 2024
Six Nigerian banks have paid a total of N751.796 billion in taxes to the Federal and State Governments for the 2024 financial year, which ended on December 31, 2024. This …
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AFRICA NEWSBanking, Finance & InvestmentNigeria
Nigeria’s richest banker, Jim Ovia, to pocket $3.2 million Zenith Bank dividend
by Editorby EditorNigerian banking giant Zenith Bank has reported remarkable financial results for the first half of 2023, with profits soaring by a staggering 161.85 percent, propelling Jim Ovia, one of Nigeria’s …
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AFRICA NEWSBanking, Finance & Investment
Zenith Bank’s half-year profit more than doubles to N350bn
by Editorby EditorZenith Bank Plc has reported a 169 percent growth in profit before tax to N350.4 billion in the first half of 2023 from N130 billion in the same period of 2022. …
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Getting to be at the top of the pack may not be an easy task but keeping that spot requires a whole lot of work and dedication, a trait that …
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AfricaAFRICA NEWSBanking, Finance & InvestmentGTCOZenith Bank
Zenith bank and nine others report N901bn profit in nine months
Ten Nigerian banks recorded N900.92bn profit before tax in the nine months that ended September 30, 2022, despite an economic downturn in the nation. According to the financial statements of …