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ZENITH BANK NEWS
News and analysis about Zenith bank
Nigerian stock investors' sentiment as measured by the market breadth closed positive as 22 stocks advanced, while 12 declined.
Zenith Bank’s successful recovery pushed it out of the bear claws that gripped the NSE banking.
Nairametrics analysed the Dividend yield of stocks listed on the NSE whose dividends have been announced in 2021.
Market capitalization of the top five banks dropped to N2.52 trillion as at close of business on the 4th of March 2021.
The strategy for banks globally is to attract deposits at a lower rate than it lends out to borrowers.
Onyeagwu has highlighted the regulatory challenges that SMEs are faced in trying to secure bank lending.
The highly revered banker is the single majority shareholder of Zenith Bank as he directly owns 3,546,199,395 units of the fast-rising bank stock.
Zenith Bank had earlier released its audited financial year 2020 results showing impressive growth on the back of a stellar Q4 outing.
Here is a ranking of Nigerian banks with the highest social media followers.
The market breadth closed negative as MAYBAKER led 21 Gainers as against 24 Losers topped by NNFM at the end of today's session.
The market breadth closed negative as CHAMPION led 8 Gainers as against 49 Losers topped by BOCGAS at the end of today's session.
EFG Hermes anticipates Nigeria's leading banks' earnings in 2021 will remain under pressure in the near term.