Click here to see metrics on why you should advertise on Freelanews.com Renowned Nigerian businessman and major shareholder in Geregu Power Plc, Femi Otedola, is celebrating a significant financial milestone as Geregu Power Plc, for the first time, crosses the N1 trillion market capitalization threshold, solidifying its place among the …
Read More »EFCC apprehends Zenith, Providus, Jaiz CEOs linked to financial misappropriation scandal involving ex-ministers
Click here to see metrics on why you should advertise on Freelanews.com The Economic and Financial Crimes Commission (EFCC) has taken into custody the Chief Executive Officers (CEOs) of Zenith, Providus, and Jaiz banks, following their alleged involvement in financial misappropriation and fraud tied to former Minister of Humanitarian Affairs …
Read More »Zenith Bank Plc Records Outstanding Performance in Q3 2023, Plans Sustainable Growth
Click here to see metrics on why you should advertise on Freelanews.com Zenith Bank Plc has announced its unaudited financial results for the third quarter ended 30 September 2023, showcasing an impressive triple-digit growth of 114% from N620.6 billion reported in Q3 2022 to N1.33 trillion in Q3 2023. The …
Read More »EFCC arraigns Lagos businesswoman over alleged N50bn fraud
Click here to see metrics on why you should advertise on Freelanews.com The Economic and Financial Crimes Commission (EFCC) on Monday arraigned Lagos businesswoman Saadatu Ramalan-Yaro on counts of money laundering. Ramadan Yaro, the director of April 1616 Investment Limited and Amsamay Limited, both non-financial institutions, was arraigned for alleged …
Read More »Zenith Bank in N3bn mess over illegal restriction on accounts
Click here to see metrics on why you should advertise on Freelanews.com For placing a restriction order on some customers’ accounts, Zenith Bank has been ordered to pay N2 billion in favour of Tsami Babi Nig. Ltd, Amsamay Ltd and M A.Y Fine Fragrance as damages. Recommended articles Concerns over …
Read More »Concerns over breach as Zenith Bank’s data centre catches fire, suspends activities
Click here to see metrics on why you should advertise on Freelanews.com Information reaching Freelanews has it that there has been little or no banking activity in Zenith Bank’s branches across the country over a fire outbreak at the bank’s data centre. Recommended articles N59,900 vanishes from NOUN student Zenith …
Read More »Access, Zenith lead banks offering student loans
Click here to see metrics on why you should advertise on Freelanews.com Nigerian banks are providing student loans with maximum limits ranging from N1 million to N10 million to enhance access to education across Nigeria. These loans can be used to pay tuition fees, accommodation, books, and other educational expenses. …
Read More »Zenith Bank CEO, Ebenezer Onyeagwu, bags UNN Doctorate Degree
Click here to see metrics on why you should advertise on Freelanews.com Group Managing Director/Chief Executive Officer of Zenith Bank Plc, Dr. Ebenezer Onyeagwu, was on Saturday, 25 March, 2023, conferred with a Doctorate Degree in Business Administration by the University of Nigeria, Nsukka (UNN). The award, which is in …
Read More »CBN grants Zenith bank approval-in-principle to run Holding company
Click here to see metrics on why you should advertise on Freelanews.com The Central Bank of Nigeria (CBN) has granted approval-in-Principle for Zenith Bank Plc to operate a non-operating financial holding company structure. In a regulatory filing with the Nigerian Exchange (NGX), Zenith Bank said the regulatory bank also approved …
Read More »N59,900 vanishes from NOUN student Zenith Bank account
Click here to see metrics on why you should advertise on Freelanews.com Ayodeji Daniel, a final-year student at the National Open University (NOUN), has described how N60,000 vanished without his knowledge from his Zenith Bank account. According to Daniel, the incident occurred on March 2, while he was attempting to …
Read More »FBN DMD, Shobo, first to step down, others to follow over CBN tenure limit
Click here to see metrics on why you should advertise on Freelanews.com In line with the latest directive of the Central Bank of Nigeria (CBN) on tenure limits for bank and financial holding companies’ executives, the deputy managing director of First Bank of Nigeria, Gbenga Shobo, has stepped down from …
Read More »Actress, Lily Afe, knocks Zenith Bank over horrible service, stealing from customers
Click here to see metrics on why you should advertise on Freelanews.com Popular actress cum reality TV star, Lillian Afegbai popularly called Lily Afe has called out Zenith bank for not apologizing for its horrible customer service, allegedly stealing from customers, amongst other issues. Lily Afe who seemed rather upset …
Read More »‘Financial statement’ Prudential Zenith Life grows profit by 75%
Click here to see metrics on why you should advertise on Freelanews.com Prudential Zenith Life Insurance Limited recorded 75 per cent growth in profit after tax of N1.13bn as of the end of 2021 financial period from N646m recorded in the corresponding period in 2020. The life underwriting firm disclosed …
Read More »‘Just In’ Fidelity Bank’s mid-year profit expands 21% as revenue hits record N155 billion
Click here to see metrics on why you should advertise on Freelanews.com Unites States’ Global X Management-backed Fidelity Bank, which Tuesday announced a binding agreement for full acquisition of Union Bank UK, reported for the period from January through June a net profit 20.7 per cent greater than a year …
Read More »‘Institutional fraud and greed’ Nigerian banks race to join CBN Too-Big-To-Fail (Part III)
Click here to see metrics on why you should advertise on Freelanews.com Note: Read ‘Institutional fraud and greed’ Nigerian banks race to join CBN Too-Big-To-Fail (Part 1), if you’re yet to do so. ==== Internal fraud, unabated system breaches due to poor cyber security, banking mass fraud, asset hijacking With …
Read More »‘Wells Fargo as case study’ Nigerian banks race to join CBN Too-Big-To-Fail (Part II)
Click here to see metrics on why you should advertise on Freelanews.com Note: Read ‘Institutional fraud and greed’ Nigerian banks race to join CBN Too-Big-To-Fail (Part 1), if you’re yet to do so. ==== Fraudulent accounts, Public Deceit, Indiscriminate Charges, Perjury, Non-disclosure/Manipulated Balance Sheets For more than a decade, Wells …
Read More »‘Bearish week’ Zenith Bank, GTCO shares nosedive as Nigerian stock market sheds N749.8 billion
Click here to see metrics on why you should advertise on Freelanews.com Nigerian stocks capped a bearish week with depreciation worth N749.8 billion on Friday as the main equity index shed 1.21 per cent, a retreat triggered by sell-off in bank shares. It has been an especially difficult week for …
Read More »‘Offering stability’ Access Bank, others among top 25 best workplaces on LinkedIn
Click here to see metrics on why you should advertise on Freelanews.com Access Bank, GTCO, Stanbic IBTC, Zenith Bank, Anheuser-Bush Inbev and 20 others have made LinkedIn’s Top 25 best places to work in Nigeria in 2022. This was disclosed by LinkedIn, a global professional network company, according to reports …
Read More »‘Grew by over 172,399’ Ebenezer Onyeagwu’s Zenith Bank, others record over 477,405 unresolved complaints in one year
Click here to see metrics on why you should advertise on Freelanews.com Within a period of one year spanning January 1 to December 31, 2020, four top banks in Nigeria recorded a total of 477,405 unresolved customer complaints. The banks are Zenith, Guaranty Trust Bank, United Bank for Africa and …
Read More »‘Ensuring a safer banking system’ AMCON dips into banks’ profit, deducts N123.8bn
Click here to see metrics on why you should advertise on Freelanews.com Seven Nigerian banks were required to pay approximately N123.8 billion into the Assets Management Corporation of Nigeria (AMCON) account in 2021 to ensure a safer banking system. The amount is a 24.30 per cent increase from N99.6 billion …
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