Zenith bank surpasses CBN target with ₦350bn oversubscribed offer

Zenith Bank Plc has surpassed the Central Bank of Nigeria’s recapitalization benchmark, following the successful conclusion of its oversubscribed ₦350.46 billion public offer. The milestone, celebrated with a Closing Gong…

Firm sues Zenith Bank abroad over $64m judgment

The stage is set for another round of legal battle between Zenith Bank and Owigs and Obigs Nigeria Limited over what the company terms as institutional sabotage. In a petition…

CBN cracks down on 9 banks for ATM cash disruption

The Central Bank of Nigeria (CBN) has imposed a fine of N1.35 billion on nine Deposit Money Banks (DMBs) for failing to make naira notes available through automated teller machines…