Business Hilights

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zenith bank

Recession, forex crisis weaken experts to assess 3 years of Emefiele at CBN

It would be recalled that following the disquiet circumstance leading the ouster of former Governor of Central Bank of Nigeria (CBN) and current Emir of Kano, Sanusi Lamido, former managing director of Zenith Bank, Mr. Godwin Emefiele was named by…

Why Zenith Bank’s $500 million Eurobond oversubscribed by 300 percent

Finance pundits have started looking at the factors considered by market makers to rush for the Zenith Bank’s $500 million Eurobond which resulted in the oversubscription. Business Hilights recalls that Zenith Bank, one of Nigeria’s largest banks, has announced that…

Adebayo Shittu
ICT

Industry experts await policy rejig to fast track targets from reconstituted NBP Comte.

Following the reconstitution of the National Broadband Committee in Abuja last week, by the Minister of Communications, Barrister Adebayo Shittu last week, industry experts have started setting agenda for the body as part of efforts to keep tab with target…

Zenith Bank leads other 7 in continued SMEs forex window after sack of 16 violators

For keeping to the laid down due process in the administration of Small and Medium Scale Enterprises (SMEs) window of the foreign exchange market access, the Central Bank of Nigeria (CBN) has named Zenith Bank and seven others as only…

Zenith Bank Plc is stronger than them all, rock solid— Fitch Report

Whereas three banks (names with held) were said to vulnerable by the latest result of the stress test conducted by the Central Bank of Nigeria (CBN), the report however, singled out Zenith bank and declared it rock solid even in…

Zenith Bank maintains lead in 2016, declares N129.65b profit, N1.77 dividend

Leading deposit money bank (DMB), Zenith Bank Plc., has declared a profit after tax of N129.65 billion and a final dividend of N1.77 per share for the year ended December 31, 2016. Details sited in the latest company’s audited report…