Nigeria’s Zenith Bank expects the British authorities to approve later this month to list up to $850 million of its shares on the London Stock Exchange as global depository receipts, a banker close to the deal said on Tuesday. The London Stock Exchange said last week it expected an increase […]
Tag: Zenith Bank
Zenith, GTBank, FBN Lead in Treasury Bills Investment
Following the banking sector crisis, which almost led to the collapse of some financial institutions, commercial banks in the country have continued to invest heavily in risk-free fixed income securities. THISDAY research showed that a total of N2.673 trillion was invested in treasury bills by banks in 2011. The figures […]
Zenith Bank’s PAT grows by 51% in Q3 2012
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Zenith Bank Plc Monday reported a 50.6 percent (50.6%) Total Profit for the Third Quarter (Q3) Report for the Period Ended September 30 2012. This is contained in the Statement of Comprehensive Income released Monday to the Nigerian Stock Exchange (NSE) and made available […]
