Zenith Bank

Posted on February 19, 2017 by Ugo Obi-chukwu

Buy Sell or Hold? These 4 Heavy Weight Bank Stocks!

Nairametrics| The Nigerian Banking Index is currently up 0.42% year to date compared to the wider All Share Index which is down 6.36% year to date. A lot of the positive sentiments being recorded in the banking sector comes from the likes of Access Bank, GT Bank, UBA and Zenith Bank. Wherever they go, the index goes. Read More

Posted on October 24, 2016 by Jon Snow

Foreign Currency Revaluation Gain Spur Zenith Bank to Growth

Foreign currency revaluation gain has spurred Zenith Bank to recorded a double digit growth in profit thus beating analysts’ expectation. Analysts say Zenith Bank is better placed to attract investors due to its reputation for strong risk management, strong capital base and its ability to effectively utilize shareholders resources to bolster profit. For the first Read More

Posted on October 24, 2016 by mudeerat olawunmi

ALERT: Zenith Bank Plc Release 2016 Third Quarter Earnings

Zenith Bank Plc released its 2016 result for the nine months ended 30 September 2016 ; See below     Zenith Bank Plc 2016 Quarter three Results Zenith Bank PLC 2016 Q3 2015 Q3 %age Change N’m N’m Net interest income        189,817       161,400 18% Pre-tax profits        121,275       104,052 17% Profit after tax Read More

Posted on August 12, 2016 by Research Team

Alert: Zenith Bank Plc Release 2016 Quater two Earnings

Zenith Bank Plc released its 2016 Q2 results for the period ended June 30 2016 ; See below   Zenith Bank Plc Zenith Bank Plc 2016 Q2 2015 Q2 %age Change N’m N’m Net interest income        127,023       112,638 13% Pre-tax profits          63,281         72,201 -12% Profit after tax          44,843         53,180 Read More

Posted on July 18, 2016 by Nairametrics

Zenith Bank Issues Press Release Denying Funding Ekiti State Election

Zenith Bank Plc issued the following press release about the recent scandal involving their Branch Manager and the Ekiti State Government; Zenith Bank claims that the EFCC wrote the bank during the course of their investigation and asked that they close the account. Zenith Bank claimed that they did not fund any election in Ekiti Read More

Posted on June 24, 2016 by Nairametrics

We Explain What Will Happen To Zenith Bank’s Stock After The Fayose Video

On Thursday,  the media team of eccentric Ekiti State Governor, Ayo Fayose released a video (see it below) showing visiting staffs of Zenith Bank purportedly begging the governor over the controversy of the alleged funding of his election two years ago. Just to recap for those who haven’t been following this story, the EFCC said Read More

Posted on May 17, 2016 by Chris PEMU

Zenith Bank, French Firm Will Boost Power Sector With $100m

One of the leading financial institution in Nigeria, Zenith Bank Plc, and French Development Agency (Agence Francaise de Development (AFD), operator of France’s bilateral development finance mechanism, have signed a US$100 Million power sector credit facility. The facility was signed at the Presidential Villa in Abuja during the security summit was witnessed by the visiting Read More

Posted on April 8, 2016 by PAT MELIK

Stanbic, ARM, Zenith & Afrinvest Equity Mutual Funds Record Worst Returns In 2015

If you are a Nigerian equity market investor and for whatever reason chose to invest your money through mutual funds in 2015, it would have made a whole lot of sense to avoid equity mutual funds sponsored by Stanbic IBTC, Zenith Bank, Afrinvest and ARM. In 2015, the worst performers according to SEC data analysed Read More

Posted on April 6, 2016 by Reginald Chukwu

Jim Ovia’s Visafone Rakes In Over N1 billion From Services To Zenith Bank

Visafone Nigeria Ltd, a telecommunication company previously owned by Jim Ovia recorded sales of about N950 million from Zenith Bank alone between 2013 and 2015. This amount was disclosed in the financial statement of Zenith Bank Plc as a related party transaction. Jim Ovia is the Chairman of Zenith Bank and the single largest shareholder Read More

Posted on March 15, 2016 by Olarinmoye Segun

Zenith Bank Records N105 billion Profits In 2015, Proposes Dividend of N1.55

Zenith Bank Plc released its financial results for the year ended December 2015. The result showed that Net interest income rose by 8.75% from N206 billion in 2014 to N224 billion in 2015. Commission fees and other income was down 6.19% from N89 billion to N84 billion, while the bank increased its operating expenses by Read More

Posted on October 26, 2015 by Nairametrics

Zenith Bank Earned N17 billion From Naira Devaluation and Other CBN Policies

Zenith Bank Nigeria Plc released its 2015 9 Months results showing profits rose 20% year on year to N104 billion. A major contributor to the impressive result was income earned from commission and fees as well as income earned from investments. For most Nigerian banks 2015 has been characterised by several CBN policies restricting foreign Read More

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