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Zenith Bank Plc

Zenith Bank’s gross earnings drops to N630.34 billion in 2018

Zenith International Bank Plc on Tuesday became the first bank to announce its 2018 audited result, declaring a drop in gross earnings.
Nigerian Stock Exchange NSE

All-Share Index sheds 0.21% as market opens on bearish note

Trading at stock market was bearish yesterday as losses by 20 equities dragged the Nigerian Stock Exchange (NSE) All-Share Index by 0.21 per cent to close lower at 30, 609.06. Similarly, market capitalisation shed N26.5 billion to be at N11.18 trillion.

Zenith Bank pioneers POS collections without payment cards

Zenith Bank becomes the first Nigerian bank to successfully integrate and launch Unstructured Supplementary Service Data (USSD) payments on Point of Sales (POS), enabling customers to pay for goods and services via POS terminals without the use of cards
Nigerian Stock Exchange NSE

Stock market pares losses as investors swoop on banking stocks

The equities market rebounded yesterday after opening the week on the bearish note on Monday due to bargain hunting in banking stocks.

N29 billion fraud trial: How Muritala Nyako, son Abdul-Aziz laundered N1.8 billion – Witness

A detective with the Economic and Financial Crimes Commission, EFCC, Adekunle Odofin, on November 29, 2018, told a Federal High Court, sitting in Maitama, Abuja, how a former governor of Adamawa State, Murtala Nyako, allegedly laundered over N1.8billion belonging to the state, using a company co-owned with his son, Abdul-Aziz Nyako, a Senator.

Adamawa Assembly confirms university lecturer as commissioner nominee

Adamawa State House of Assembly on Tuesday confirmed the nomination of Dr John Ngamsa, a lecturer with Modibbo Adamawa University of Technology (MAUTECH), Yola, as commissioner nominee.

Zenith Bank hails NFF on Future Eagles’ progress

Banking giants, Zenith International Bank PLC has heaped encomiums on the Nigeria Football Federation for the progress the Federation has made with the Nigeria cadet teams since the signing of the partnership agreement between both establishments a couple of years ago.

Zenith Bank lifts trading as investors stake N9.3 billion on shares

Investors traded 450.139 million shares worth N9.397 billion in 2,858 deals compared with 149.653 million shares valued at N2.793 billion exchanged in 3,063 deals the previous day.
Nigeria Stock Exchange

Equities market sheds 2.4% as investors ignore corporate earnings

Despite the release of corporate earnings by many companies, the Nigerian equities market closed last week downtick following profit taking in bellwether stocks.

Interswitch, Microsoft, partner to pioneer Blockchain Technology in Nigeria

Interswitch Group, a Pan-African integrated digital payments and commerce company, in partnership with Microsoft, has announced the launch of its innovative blockchain-based supply chain financing service.
The Author of Africa Rise and Shine, Mr. Jim Ovia speaking at the Africa Rise and Shine book launch in New York

Jim Ovia’s book Africa Rise and Shine now available on Amazon

The long-awaited restock of Africa Rise and Shine by Jim Ovia, the Founder/Chairman of Zenith Bank Plc is now available on Amazon.
Nigeria Stock Exchange

Equities market gains N105 billion as investors react positively to corporate earnings

The Nigerian equities market opened the week on a bullish note as investors continued to react positively to nine month corporate earnings being released by companies.
Ayodele Fayose, former governor of Ekiti state, has arrived the federal high court in Lagos where he is on trial for money laundering and abuse of office. 1

Ayodele Fayose gets bail, pledges not to obstruct trial

Justice Mojisola Olatoregun of the Federal High Court in Ikoyi, Lagos, granted Ayodele Fayose, former Ekiti State governor, bail in the sum of N50 million on Wednesday.

Zenith Bank splashes N24.6 million on basketball league

Zenith Bank on Wednesday doled out N24.6 million for the sponsorship of 2018 women’s basketball season.
Ayodele Fayose

EFCC’s eleven charges against Ayodele Fayose

As the immediate past Ekiti State Governor, Ayodele Fayose, remains in EFCC custody, a list of his charges has surfaced.
The Author of Africa Rise and Shine, Mr. Jim Ovia speaking at the Africa Rise and Shine book launch in New York

Jim Ovia launches ‘Africa Rise and Shine’ in New York

The Founder/Chairman of Zenith Bank Plc, Mr. Jim Ovia recently launched his book, Africa Rise and Shine in New York. This prestigious event happened on the sidelines of the United Nations General Assembly and had foreign dignitaries and private sector captains of industry in attendance.

Zenith Bank records N475 billion gross earnings, N167 billion profit in nine months

Zenith Bank Plc Thursday released its financial results for the nine months ended September 30, 2018, showing a decline in top-line but a growth in bottom-line.
Jim Ovia,

Jim Ovia: Contributing to the changing African narrative

Africa has been portrayed as a continent of woes. Thirty years ago that would have been inarguably so but in the years that have followed, as businesses thrive and investment opportunities abound, Africa has greatly improved from what it used to be.

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Nigeria’s downstream sector records $56 billion revenue yearly

Nigeria’s downstream sector records a yearly income of 56 billion dollars, Mr Abayomi Awobokun, Chief Executive Officer, Enyo Retail and Supply Limited, has said.
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David Seaman: Arsene Wenger would be ‘great’ as Chelsea boss

Former Arsenal goalkeeper David Seaman has suggested Arsene Wenger could be the ideal replacement for Maurizio Sarri at Chelsea.
Beni Lar

Beni Lar: My constituency under siege

A member of the National Assembly representing Langtang South/Langtang North Federal Constituency of Plateau State, Hon Beni Lar, has cried out that her constituency is under siege of political thugs ahead of the rescheduled presidential and National Assembly elections holding on Saturday.
Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), has again accused President Muhammadu Buhari of clamping down on the judiciary.

Kailani Muhammad: Atiku Abubakar is desperate to be president

A chieftain of the ruling All Progressives Congress (APC), and strong ally of President Muhammadu Buhari, Engr. Kailani Muhammad, has said that, the presidential candidate of the People’s Democratic Party (PDP), Alhaji Atiku Abubakar, is desperate to be president of Nigeria.

Suspected herdsmen kill 16, injure two in Benue

Suspected herdsmen on Wednesday killed 16 persons and injured two others during an invasion of Ebete community in Usha council ward of Agatu Local Government Area of Benue State.