Zenith Bank’s H1-21 interim financial report shows marginal earnings growth
ZENITH Bank released its H1-21 interim financial report on Friday (27th August), which showed that the bank recorded earnings growth, albeit marginal. This performance was primarily driven by the growth in non-interest income and supported by moderate improvement in funded…
Lessons from Zenith Bank, mentorship and Gov. Udom Emmanuel
The recent colourful funeral of the father of the incumbent governor of Akwa Ibom State, Obong Udom Emmanuel has come and gone, but sight and sound bites still oozing out from the ceremony concerning Zenith Bank and philosophy of staff…
Zenith Bank’s $500m notes repurchase would be exchanged for cash
Zenith Bank has said that its tender offer to holders of its $500m notes due 2022 would not be only for repurchase, but subject to offer and distribution restrictions. In a statement made available to Business Hilights in Lagos, the…
How non-funded income growth, operational efficiency drove Zenith Bank’s profit
More strategic facts have emerged from the recently released Zenith Bank Plc.’s audited H1-19 result. Key take away from the result which seems to be in line with industry pundits was how non-funded income growth and operational efficiency drove profit…
Fidelity, Access, others lead in refinancing Neconde’s N2.3trn facility
Following the green light in the recent renewal of its 20 year renewal of the Oil Mining License of the Company effective June 2019, a consortium of seven local and international financial institutions, have sealed fresh deal to refinance Neconde…
My Story with Zenith Bank (Trending now on Facebook)
By Orayemi Abiodun Sulaimon (unedited; This issue trended over the weekend and because of its importance to the banking public and even banks, Business Hilights decided to publish it) The story I have no bank account with Zenith and…
Zenith Bank’s Next Generation Tennis Masters begins April 2 to discover new stars
In keeping with its resolve to continue to discover fresh Tennis talents for the country, leading banking giant, Zenith Bank has concluded plans to kickoff the 2018 Junior Tennis Masters in Lagos from second of next month. The bank said…
Zenith Bank Future Eagles trophy goes South East
The Future Eagles U-15 Category Trophy tournament promoted by Zenith Bank in partnership with the Nigeria Football Federation (NFF) has ended with team South East beating Northwest 5-2 at the Agege Stadium. Business Hilights recalls that few months ago, the…
Naira depreciation suffocating major banks, ICT, oil sectors—Report
The recently released 2017 Nigerian Banking Sector Report; “Nigeria Reopens for Business”, which will be launched by Central Bank of Nigeria (CBN) Governor Godwin Emefiele at the London Stock Exchange (LSE) on Friday has revealed that ongoing naira depreciation has…
How Barclays suddenly become advisor in sale of 9Mobile
Facts on why rather than Citigroup and Standard Banks, new advisor had been preferred for arranging the sale of 9Moblie on or before December, 31st 2017. Though analysts say the sudden change had the backing of the 13 banks who…
