Tag Archives: Zenith

About 14 months after the bank robbery that shook Offa, Kwara State to its roots, eye-witnesses and residents of the town have recounted their ordeals. According to them, the incident has reshaped banking operations in the town located in the southern part of Kwara State, North Central Nigeria. At about 8:30am Friday morning, customers of the Zenith bank were seen …

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Interswitch Group has announced the launch of its innovative blockchain-based supply chain financing service, in partnership with Microsoft. The initiative brings together entrepreneurs, major financial institutions and corporate organisations, all on a single platform to provide end-to-end visibility that will ensure fast and seamless trade financing in supply chain operations. Interswitch Blockchain Service (Supply Chain Finance Module), built and hosted …

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Shareholders of Zenith Bank Plc are to smile once again, as the board of directors on Monday August 6, 2018 declared an interim dividend of 30 kobo, being N9.42 billion, from the retained earnings account as at June 30, 2018. According to the bank’s half-year results posted on the website of the Nigerian Stock Exchange (NSE) the interim dividend is …

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Nigeria’s tier one banks, the United Bank for Africa Plc (UBA), Guaranty Trust Bank Plc (GTBank), Zenith Bank Plc, First Bank of Nigeria Limited and Access Bank Plc have been listed among African lenders, including Ecobank Transnational Inc, according to The Banker magazine’s 2018 1000 global banks ranking. A statement by The Banker magazine on Monday said Africa’s economic fortunes improved …

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Officials of the Lagos State Building Control Agency (LASBCA) on Tuesday shut down five facilities housing commercial banks as well as over 80 other buildings on Allen Avenue, Ikeja over illegal conversion. Zenith, Access, Sterling, Unity and UBA branches at Allen Avenue were the affected banks. Also shut were Tantalizers, Adebowale Electronics, Panasonic and several other buildings used for commercial …

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Shareholders of Zenith Bank Plc on Wednesday approved the board of directors’ request to step down their plan to raise fresh capital for the bank businesses. Speaking at the bank 26th Annual General Meeting (AGM) in Lagos, chairman of the bank Jim Ovia said the bank decided to suspend the idea because they believe the time is not right for …

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