Zenith Bank records N509b gross earnings, N177b PBT in Q3
Zenith Bank Plc has recorded gross earnings of ₦509 billion and Profit Before Tax (PBT) of ₦177 billion in its third quarter (Q3) operations.
Renewed buying interest pushes ASI by 1.68 per cent
Following buying interest in high capital companies, the Nigerian Stock Exchange (NSE) halted the losing streak to close upbeat yesterday, as the All-Share Index (ASI) appreciated by 1.68 per cent.
FG engages six banks to open 774, 000 SPW beneficiaries’ accounts
The Federal Government has engaged six banks to commence account opening for beneficiaries of the Special Public Works Programme through-out the 774 local government areas (LGAs).
Equities rebound as index rises by 0.38 per cent
Following bargain-hunting in some blue-chip stocks, trading at the Nigerian Stock Exchange (NSE) rebounded yesterday, as the All-Share Index...
Profit-taking drags stock indices further by N38 billion
Profit-taking continued to take a toll on the equities sector of the Nigerian Stock Exchange (NSE), extending negative sentiment to three consecutive trading days, causing market capitalisation to slide further by N38 billion. Yesterday, the All-Share Index (ASI) decreased by 72.41 absolute points, or 0.28 per cent to close at 25,424.91 points. Similarly,…
Honeywell, Chams, others lead stock market N12b losses
Transactions on the Nigerian Stock Exchange (NSE), reopened on a downturn yesterday, following price losses suffered by most blue-chip stocks, especially Honeywell Flour Mills, and Chams, causing market capitalisation to depreciate by N12 billion. At the close of trading Monday, the All Share Index (ASI) shed 23.41 points or 0.09 per cent to 25,582.23…
Bank chief, others urge promotion of non-oil exports
The Group Managing Director/Chief Executive of Zenith Bank, Ebenezer Onyeagwu, has called for a concerted effort towards diversifying the country’s export base through the promotion of non-oil exports.
Zenith Bank tops in Nigeria by Tier-1 capital
Zenith Bank Plc has emerged as number one Bank in Nigeria by Tier-one Capital in the 2020 Top 1,000 World Bank Ranking, published by The Banker Magazine.
Coronavirus, political instability sustain sell-off at NSE
Sell pressure continued at the Nigerian Stock Exchange (NSE), amid negative sentiments fuelled by the rise in Coronavirus pandemic, exacerbated by the political crisis