Business

Adaora Umeoji Highlights Zenith Bank’s Robust Financial Metrics: Says Bank Is Poised To Cross The N1 Trillion Mark In Profit In 2024.   Zenith Bank Plc, Nigeria’s leading financial institution, held its Capital Markets Day last week to showcase the bank’s inherent values as it embarks on its recapitalisation journey. ...

WEMA BANK concludes 1st tranche of Capital Raise Programme Wema Bank PLC (Bloomberg: WemaBank: NL) (“Wema” or “the Bank”) announces the allotment of its N40billion Rights issue programme. -Raises N40billion through a Rights Issuance process. -Part of its larger 2-year; N150billion Capital programme. Rights fully subscribed. -Expected to Commence concluding ...

ZENITH BANK RECOGNISED AS THE MOST SUSTAINABLE BANK IN NIGERIA FOR THE SECOND TIME IN THE INTERNATIONAL BANKER AWARDS 2024 Zenith Bank Plc has been named the “Most Sustainable Bank, Nigeria” in the International Banker 2024 Banking Awards, retaining the title for the second consecutive year.  Commenting on the award, ...

IFC Awards Access Bank ‘Best Trade Partner Bank West Africa’   Access Bank has been recognised as the ‘Best Trade Partner Bank West Africa 2024’ by the International Finance Corporation (IFC). Presented at the Global Trade Partners Meeting (GTPM), held recently, in Barcelona, Spain, this prestigious award highlights Access Bank’s ...

Ecobank Nigeria Announces Third Edition of ‘Adire Lagos Experience’ Ecobank Nigeria says it has concluded plans to host the third edition of ‘Adire Lagos Experience’. The planned four days exhibition will take place at the ultra-modern Ecobank Pan African Centre (EPAC) on Victoria Island, Lagos from Thursday, June 14th till ...

UBA Celebrates Africa Day in Style, Commits to Empowering Youths for Leadership Roles Africa’s Global bank, United Bank for Africa (UBA) Plc, joined the rest of the world on Friday, May 24, 2024, to mark this year’s edition of the Africa Day. The celebration which went on concurrently across all ...

FIRSTBANK MAINTAINS IMPRESSIVE PERFORMANCE, POSTS N238.53BN PBT IN Q1 2024   FBN Holdings Plc declared N238.53 billion profit before tax (PBT) in its unaudited first quarter (Q1) ended March 31, 2024 results, which was about 325.2percent growth from the N56.1 billion reported in Q1 ended March 31, 2023. The Q1 ...

Access Holdings  Vests  23.8 million Units of Shares on Senior Executives In line with the disclosure requirements of the Securities and Exchange Commission and the Nigerian Exchange Limited, Access Holdings Plc , Africa’s leading financial services group, has announced the award of 23.8 million ordinary shares to some of its ...

ZENITH BANK’S LANDMARK N125.59 BILLION DIVIDEND PAYOUT EXCITES SHAREHOLDERS  Shareholders of Zenith Bank Plc, at the 33rd Annual General Meeting (AGM) held at the Civic Centre, Victoria Island, Lagos, on Wednesday, 8 May 2024, approved the proposed final dividend payment of NGN3.50 per share, bringing the total dividend for the ...

ZENITH BANK ON TRACK TO SURPASS 2023 RESULTS WITH 189% GROWTH IN Q1 EARNINGS Zenith Bank Plc has announced its unaudited results for the first quarter ended 31st March 2024, with an impressive triple-digit growth of 189% in Gross Earnings, from ₦270 billion reported in Q1 2023 to ₦781 billion ...