Zenith Bank
Telecommunication companies in Nigeria have threatened to withdraw their USSD support to banks over the banks' new directive on airtime charges for USSD services.
Nigerian banks including Access, United Bank for Africa, Zenith Bank and First Bank will be closing their branches nationwide for Eid-ul-Adha celebrations.
Nigeria's stock market has climbed to a record high, driven by the strong performance of Airtel Africa, currently in the second tranche of its share buy-back.
Zenith Bank's shares have surged as it nears N2 trillion in value in the equities market. Analysts have projected a further increase in the bank's shares.
The Economic and Financial Crimes Commission (EFCC) has issued a public advisory on the need to protect both business and personal bank accounts.
Fidelity Bank has emerged among the top Nigerian banks with a N1 trillion market capitalisation after its share price rallied on Wednesday, May 14, 2025.
The Nigerian stock market recorded a positive performance, helping investors make over N180 billion after hours treading led by Northern Nigeria Flour Mills.
This implies that customers from these nine banks pocketed about N1.89 trillion as interest on their deposits, while 10% was paid as withholding taxes.
In a scathing analysis, Dr Michael Owhoko condemns excessive bank charges in Nigeria, linking record profits to customer pain and regulatory failure.
Zenith Bank
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