
Zenith Bank







Ten Nigerian banks have emerged as the most valuable on the Nigerian Exchange Limited (NGX) amid CBN's recapitalisation requirement demands last year.

The Central Bank of Nigeria (CBN) has disclosed that it forced commercial banks to refund N7.05 billion and over $714 billion illegally deducted by banks.

The Central Bank of Nigeria (CBN) has revealed that commercial and merchant banks' borrowing rose by 636.6% in 2024 to N131/42 trillion in the past year.

About nine banks in Nigeria recorded a whopping N4.85 trillion in interest in income in the outgone year, representing a 114.95% increase compared to 2023.

Eight Nigerian banks listed on the Nigerian Exchange Limited (NGX) have increased in value due to the rise in share prices just before the holidays.

Access Bank, Zenith Bank and other Commercial banks, including microfinance bank will be closing their branches across the country to mark Christmas and New Year.

The Central Bank of Nigeria (CBN) has slammed the N150 million penalty on banks found guilty of selling new naira banknotes to customers as cash scarcity worsens.

A recent report has shown that Nigerian banks lost about N42.33 billion in fraud-related cases in the first six months of this year, with fraud in branches topping.

Commercial banks in Nigeria have reduced withdrawal limits further from N10,000 per transaction earlier in the week to N5,000 and N2,000 as cash scarcity worsens.
Zenith Bank
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