Why NPLs in 14 banks jumped to N177bn in 2017 H1
…As Zenith Bank records profit within the period Fresh fact has emerged on why nonperforming loans (NPLs) of 14 leading commercial banks in Nigeria jumped to N177.3bn within the first half of 2017. Business Hilights observed that whereas the 14…
Why Zenith Bank displaced First Bank to become largest bank in Nigeria
…As Ecobank leads only on W’African scale Though all Nigerian banks’ half year reports are not yet completely released, available ones have indicated that Zenith Bank plc., may have outsmarted hitherto largest bank in Nigeria, First Bank to assume the…
How banks’ removal of $1.2Bn 9Mobile debt from books’ll shape future
Since the revelation that the 12 banks involved in the $1.2 billion 9Mobile loan are setting aside a large part of the debt from their books ahead of the December 31 end-date for the fiscal year, financial pundits have started…
Liquidity gap tears Tier-one banks, others on profit rebounds
One of the major negative facts emerging from the sustained impacts of recession and the attendant economic downturn cannot be far from the widening gas of liquidity and market dominance by tier-one banks over mid-sized lenders, Business Hilights can authoritatively…
Zenith Bank rewards Eta, promises more sponsorship to Microsoft Championship
Leading banking and financial solutions provider, Zenith Bank has assured continued sponsorship of more Nigerian students to participate in the annual Microsoft Office Specialist Championship in the United States. The annual Microsoft Office Specialist World Championship is a global competition…
Zenith Bank drives Lagos schoolgirl, Katherine Eta to global accolade at US
More exploits coming from the robust Corporate Social Responsibility (CSR) feats of Zenith Bank Plc., are still emerging. Barely less than one week after the successful conclusion of Zenith Bank’s sponsored national Basketball championship won by FirstBank team, Katherine Eta…
How Zenith Bank, Dangote Cement, Access Bank may continue to lead trading at NSE
Investment capacity, rising trust and sustained strong performance have been seen by experts as leading factors that will continue to propel consolidated trading companies at the Nigerian Stock Exchange to remain unbeaten for a long time at the floor of…
Can Ovia stir disruptions to begin second missionary journey with 9Moblie?
Though very limited number of analysts can direct their guesses along this line, it may not be out place for the young smart driven banker, Mr. Jim Ovia to take a second chance in the Nigerian telecoms industry. Given his…
Zenith Bank leads other 5 banks to make 1000 Global Banks bracket
The Banker Magazine’s Top 25 Banks in Africa for 2017 Global banks’ ranking made public on Tuesday saw Zenith Bank leading FirstBank Nigeria Limited, Guaranty Trust Bank Plc, Access Bank Plc, United Bank for Africa Plc and Diamond Bank Plc…
Only Zenith Bank is free from N30trn Customs remittance infractions—Senate
Whereas the Senate Committee probing the Customs N30tn banks remittance infractions has given the Central Bank of Nigeria (CBN) seven days to recover all monies collected by banks on behalf of the agency without remitting them over the years, it…
