March 27, 2025/Cordros Report Zenith Bank Plc (ZENITHBANK) published 2024FY audited financials after the close of business yesterday (March 26). The bank’s net profit surpassed the NGN1.00 trillion mark, increasing by 52.6% to NGN1.03 trillion, resulting in an earnings per share of NGN32.87 (2023FY: NGN21.55). The result was driven by […]
Author: InvestAdvocate
Domestic Gas Sale Sustains Positive Trend Year-on-Year
March 27, 2025/CSL Research The February 2025 Gas Production Status Report by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) indicates that Nigeria’s total gas production for the month was 197,131.88 million standard cubic feet (MMscf), 2.44% year-on-year (y/y) higher than 192,430.74 MMscf recorded in February 2024. The breakdown of gas […]
ZENITHBANK FY 2024: Solid Growth Amid Rising Costs
March 27, 2025/CSL Research Zenith Bank’s FY 2024 audited numbers showed a strong 137.7% y/y growth in Interest Income driven by growth in Interest Income on both Net Loans and Investment Securities. Net Loans to Customers grew 52.0% y/y, inclusive of the impact of devaluation on foreign currency loans. Interest […]
