Tag: Zenith Bank

Zenith Bank Plc
BankingBusinessHot News

Trading losses hit Nigeria’s Zenith Bank as 9M 2026 profit falls to $501.6 million

Zenith Bank’s 9M 2026 profit fell 11.6 percent to $501.56 million as trading losses hit $170.09 million, yet dividends doubled to $266.7 million.

Omokolade Ajayi Omokolade Ajayi
Nigerian executive Adobi Nwapa
BusinessCompaniesHot News

Zenith Bank rally lifts Nigerian executive Adobi Nwapa’s stake to $2.7 million

Zenith Bank executive Adobi Nwapa’s stake climbs to $2.7 million (N3.65 billion) as strong market demand and earnings lift the bank's stock.

Omokolade Ajayi Omokolade Ajayi
Nigerian banker Adaora Umeoji
ExecutivesBankingHot News

Zenith Bank CEO Adaora Umeoji in line for N430 million dividend payout

Zenith Bank CEO Adaora Umeoji is set to receive a N430 million ($326,000) interim dividend payout as the lender lifts midyear shareholder returns by 20%.

Omokolade Ajayi Omokolade Ajayi
Jim Ovia, founder of Zenith Bank.
BusinessHot News

Nigerian banking titan Jim Ovia set to pocket $6.6 million Zenith Bank dividend

Jim Ovia will pocket a $6.6 million interim dividend from Zenith Bank after the lender raised its half-year shareholder payout to historic highs.

Omokolade Ajayi Omokolade Ajayi
Zenith Bank Plc
BusinessBankingHot News

Zenith Bank raises interim dividend 20% as first-half profit reaches $479 million

Zenith Bank raises its interim dividend 20 percent to N1.50 per share as first-half 2026 pre-tax profit reaches $479 million.

Omokolade Ajayi Omokolade Ajayi
Jim Ovia, founder of Zenith Bank
BusinessHot News

Nigeria’s richest banker Jim Ovia’s Zenith Bank stake rebounds above $560 million

Jim Ovia’s Zenith Bank stake has recovered above $560 million as shares climb on the Nigerian Exchange.

Timilehin Adejumobi Timilehin Adejumobi
Zenith Bank
BusinessHot News

After Kenya deal and Côte d’Ivoire launch, Zenith Bank expands with new branch in southern Nigeria

Following moves in Kenya and Côte d'Ivoire, Zenith Bank expands in southern Nigeria as total assets reach $23.4 billion.

Omokolade Ajayi Omokolade Ajayi
Jim Ovia, founder of Zenith Bank
BusinessHot News

Nigeria’s richest banker Jim Ovia loses over $100 million in two months

Jim Ovia loses $100 million as Zenith Bank shares fall after dividend adjustment and sector profit-taking pressure.

Timilehin Adejumobi Timilehin Adejumobi
Nigerian banker Adaora Umeoji
BusinessGlobal NewsHot News

Nigerian banker Adaora Umeoji’s Zenith Bank stake rises to $27 million

Adaora Umeoji’s stake in Zenith Bank reaches $27 million, driven by a 107 percent stock surge and record assets of $23.4 billion.

Omokolade Ajayi Omokolade Ajayi
Jim Ovia, founder of Zenith Bank.
Hot NewsBusiness

After growing Zenith Bank to $23 billion in assets, Nigerian banking titan Jim Ovia retires

Jim Ovia retires after growing Zenith Bank to $23 billion in assets, closing a 30-year era that shaped one of Africa’s top lenders.

Omokolade Ajayi Omokolade Ajayi
Zenith Bank, Nigeria’s most profitable lender.
Hot NewsBusiness

After $230 million Q1 profit, Zenith Bank opens Côte d’Ivoire subsidiary

Following $230 million Q1 profit, Zenith Bank launches Côte d’Ivoire subsidiary to deepen West African corporate banking expansion.

Omokolade Ajayi Omokolade Ajayi
Zenith Bank, Nigeria’s most profitable lender.
Hot NewsBusiness

Zenith Bank gains N3 trillion, becomes first Nigerian bank valued above N5 trillion

Zenith Bank gains N3 trillion, becomes first Nigerian bank valued above N5 trillion

Omokolade Ajayi Omokolade Ajayi