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ZENITH BANK PLC
Shareholders of Zenith Bank Plc unanimously approved the proposed final dividend payment of NGN2.80 per share...
Aiteo is said to owe the parties in question about $2 billion which was used to purchase Nigerian Oil Assets including Shell’s OPL 29.
The market capitalization of the top five banks declined to N2.68 trillion to depreciate by 1.14% during the week.
The decrease recorded in the banking index was driven mainly by Zenith Bank Plc, GTCo Plc, and Access Bank Plc.
4 of the 5 tier-1 Nigerian banks enjoyed positive market sentiments, with GT Holdings Co Plc leading the gainers.
FUGAZ banks make up over 70% of the NSE Banking sector index, hence, strongly influencing the growth or otherwise the index.
The NGX closed on a negative note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) depreciated by 6 basis point.
Zenith Bank Plc has announced a final dividend of N2.80 kobo per 50 kobo ordinary share for the financial year ended December 2021.
Zenith Bank Plc has released its FY 2021 Audited Financial Statement which showed a single-digit growth in top and bottom-line profit.
The market capitalization of the top five banks grew to N2.72 trillion, appreciating by 1.34% during the week.
The NGX closed on a positive note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) appreciated by 20 basis point.
FUGAZ stocks appreciated during the week by 2.23% to close at N2.69 trillion as investors in these banks gained a total of N58.6 billion.