Tag: Zenith Bank
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Zenith Bank declares N2.50 dividends
Shareholders of Zenith Bank have approved the proposal of the board to pay final dividend of N2.50k per share as dividends for the 2018 financial year. The shareholders gave the approval at the 28th Annual General Meeting of the bank in Lagos. The directors proposed a final dividend of N2.50 per share in addition to…
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Zenith Bank Holds AGM in Lagos Today
One of the top banks listed on the Nigerian Stock Exchange (NSE) is holding its Annual General Meeting (AGM) today, Monday, March 18, 2019. The event is taking place at the popular Civic Center on Ozumba Mbadiwe Street, Victoria Island, Lagos by 9:00am. At the meeting, shareholders will vote to approve the N2.50k final dividend…
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EFCC arrests, detains Zenith Bank GMD, Peter Amangbo
Operatives of the Economic and Financial Crimes Commission (EFCC) on Sunday arrested and detained the Group Managing Director of Zenith Bank, Peter Amangbo. According to a report by Premium Times, the top bank executive is being detained by the anti-graft investigators over a series of transactions his bank allegedly carried out on behalf of one…
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Police arrest fleeing suspect in Imo Zenith Bank robbery one year after
The Imo State Police Command on Friday arrested the last member of the armed robbery gang that invaded a branch of Zenith Bank in the state. Recall that the armed robbery gang (numbering about four) killed two policemen and wounded another. The suspect was identified as Chinonso Gift Onwuegbuchulam, aka, Ogolo, from Obazu Mbieri in…
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Zenith Bank appoints new executive directors
The Board of Directors of Zenith Bank Plc has approved the appointment of Dr. Temitope Fasoranti and Mr. Dennis Olisa as executive directors of the bank with effect from December 29, 2017. The bank said that both appointments were consistent with its tradition and succession strategy of grooming leaders from within. According to a statement…
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Zenith Bank declares N75.32bn profit in 6 months
Zenith International Bank Plc has declared a profit after tax of N75.32 billion for the half year ended June 30. This is available in the company’s half year result released by the Nigerian Stock Exchange (NSE) on Thursday. The report showed that the profit-after-tax increased by 112.35 per cent when compared with N35.47 billion posted…
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Etisalat debt predicament: 13 Banks’ shareholders mount huge pressure
…ask telecoms firm to clear debt Shareholders of the 13 banks involved in the N1.2 billion loan for Etisalat Nigeria have asked the telecoms company to pay up its debt in order to guarantee the payment of annual dividends. The shareholder group told the News Agency of Nigeria in Lagos on Tuesday that the company…
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Court orders immediate unfreezing of Fayose’s accounts in Zenith Bank
A Federal High Court sitting in Ado Ekiti, on Tuesday, set aside an earlier order of a Federal High court, Lagos empowering the Economic and Financial Crimes Commission, EFCC, to freeze two accounts of Ekiti State Governor, Mr Ayodele Fayose. The court consequently ordered the EFCC to immediately unfreezing of the two accounts belonging to…