Tag: Zenith Bank

Banking rally lifts stocks market as Q2 begins with N599bn gain on NGX

Business Damilola Bayonle -
Nigeria’s equities market commenced the second quarter of 2026 on a bullish trajectory, buoyed by renewed investor interest in...

Africa finance: How rate pauses, FDI risks and strong banks are reshaping Africa’s economy in 2026

Business Damilola Bayonle -
Africa Finance: Rate Pause, FDI Risks, Banking Strength Shape Market Outlook Africa’s financial ecosystem is entering a more cautious and...

Nigerian stocks surge as market capitalisation crosses N130trn mark

Business Damilola Bayonle -
Nigeria’s equities market extended its bullish trajectory on Tuesday as sustained buying pressure in blue-chip stocks pushed key indicators...

Banking sell-off wipes N580bn off NGX as market rally stalls at N121.55tn

Business Damilola Bayonle -
NGX ends rally as market cap drops to N121.55tn amid heavy banking sell-offs The Nigerian equities market reversed its upward...

NGX surges past 190,000 points as investors add N5.1tn in one-day rally

Business Damilola Bayonle -
NGX adds N5.1tn as ASI tops 190,000 points The Nigerian equities market delivered one of its strongest single-day performances in...

Banking stocks spark N340bn rally as investors return to NGX

Business Damilola Bayonle -
Nigeria’s equities market recorded a strong rebound on Tuesday as renewed investor appetite for banking and select industrial stocks...

Seven Nigerian banks remit N674.68bn in taxes in H1 2025

Business Damilola Bayonle -
Seven leading financial institutions in Nigeria collectively paid a total of N674.68 billion in taxes to the federal government...

Cardoso unveils top banks to power $1bn diaspora reserves goal

Business Damilola Bayonle -
The Central Bank of Nigeria (CBN) has intensified efforts to boost foreign reserves through diaspora inflows, as Governor Olayemi...

Banks’ H2 Outlook Rides on Recapitalisation, Dividend Hopes

Business Damilola Bayonle -
As the second half of 2025 unfolds, Nigerian banks are entering a critical phase in their growth and stability...

Five Banks Beat CBN Recap Deadline

Business Damilola Bayonle -
The Nigerian banking sector has reached a pivotal milestone, as at least five financial institutions have successfully met the...