
Zenith Bank







Commercial and merchant banks in Nigeria have increased borrowing from the Central Bank of Nigeria (CBN) in the first eight months of this year for business.

Commercial banks have intensified their efforts to educate customers about banking activities through electronic channels as fraud cases increase in 2023..

Nigerian banks' top executives saw their net worth drop significantly within a week of trading, with a combined loss of over N6bn reported by Jim Ovia, others.

Moniepoint is beginning retail banking services with the introduction of debit cards, new mobile app and retail banking to expand its services across Nigeria

Neimeth International Pharmaceutical Plc has withdrawn from dealing with the shares, investments, bonds, assets, and funds belonging to Dr Ambrose B.C. Orjiako.

A new commercial bank, Optimus Bank Limited has begun operations in Nigeria. The bank revealed at its launch that it began operations in Lagos in January 2023.

Nigerian banks have increased borrowing from the Central Bank of Nigeria with about N755,64 billion as cash squeeze resurfaced in the banking industry in July.

About 11 commercial banks have increased interest in savings accounts following increase in Monetary Policy Rates by the Central Bank of Nigeria in July 2023.

Commercial banks in Nigeria displayed massive profits for the first six months of 2023 as their stocks increased massively and drove investors' confidence.
Zenith Bank
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