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ZENITH BANK NEWS
News and analysis about Zenith bank
The NGX Banking Index made a bullish recovery at the end of yesterday's trading session with an increase of +1.11%, pushing the index points to 354.25.
The NGX Banking Index saw another decline for the second time in the month of May.
The NSE Banking Index made a bullish recovery at the end of the trading session yesterday with 6 profits opposing 4 losses.
The NSE Banking Index trended bearish at the end of the trading session today; 5 gains were posted opposing 3 losses and 2 stalemates.
The Central Bank debited banks a whopping N8.3 trillion as CRR provisions in 2020 up 58% YoY.
It may not be too long before we see one of the potential contender groups produce the next biggest bank in Nigeria.
Jaiz bank, today, made an outstanding profit of 10% pushing its price to N0.64.
Nairametrics analysed the best banks in Nigeria based on their performance in 2020.
Nigerian banks spent less on travels in 2020 compared to 2019 due to the COVID-19 lockdown.
Despite being amongst the most capitalised banks in Nigeria, both still have a long way to go in catching up with the largest banks on the African continent.
CAP led 19 Gainers as against 21 Losers topped by LIVESTOCK at the end of today's session.
GTB and Zenith Bank both posted zero profit at the beginning of the week to disrupt their bullish momentum.