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Zenith Bank Posts N2.5 Trillion Earnings, Declares N51.3 Billion Interim Dividend.

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Zenith Bank Plc has announced the distribution of N51.3 billion as an interim dividend for the first half of 2025, reflecting the institution’s strong financial performance and commitment to rewarding shareholders.....KINDLY READ THE FULL STORY HERE▶

According to Nivo News, the payout represents a remarkable 60 percent increase compared to the N31.4 billion declared in the same period of 2024. The interim dividend, set at N1.25 per share, was detailed in the bank’s audited financial results for the half-year ended June 30, 2025, as released to the Nigerian Exchange (NGX).

The report revealed impressive growth across key performance indicators, with gross earnings rising by 20 percent to N2.5 trillion in the first half of 2025, up from N2.1 trillion in the same period of 2024. Interest income surged by 60 percent, from N1.1 trillion to N1.8 trillion, driven by strategic repricing of risk assets and efficient treasury management.

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Zenith Bank’s Group Managing Director, Dame Adaora Umeoji, stated that the half-year performance reflects the institution’s resilience and its unwavering commitment to delivering value. She expressed confidence that the strong momentum recorded so far will propel the bank to surpass shareholders’ expectations by year-end.

Umeoji reaffirmed that the bank remains dedicated to sustaining growth and delivering exceptional returns, leveraging its sound financial fundamentals and strategic initiatives.

The bank’s total assets climbed to N31 trillion as of June 2025, compared with N30 trillion recorded in December 2024, while customer deposits rose by seven percent to N23 trillion, underscoring sustained investor and depositor confidence.

Zenith Bank’s consistent excellence continues to attract international recognition. It was ranked as Nigeria’s Number One Bank by Tier-1 Capital for the sixteenth consecutive year in the 2025 Top 1000 World Banks Ranking by The Banker. The bank was also named “Nigeria’s Best Bank” at the Euromoney Awards for Excellence 2025 and has received multiple other honors for corporate governance, digital innovation, sustainability, and customer service excellence over the years.

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The institution has equally been recognized as the Most Valuable Banking Brand in Nigeria, Bank of the Year in several awards including those by BusinessDay, The Banker, and New Telegraph, as well as the Most Responsible Organisation in Africa at the SERAS CSR Awards Africa 2024.

Zenith Bank’s remarkable achievements reinforce its leadership position in Nigeria’s financial sector and its continued dedication to shareholder value creation.


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Shock Defection: Senator Abbo Dumps ADC In Sudden Political Move.

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Former federal lawmaker, Ishaku Abbo, has officially left the African Democratic Congress (ADC) and is expected to announce his new political platform later this week.....KINDLY READ THE FULL STORY HERE▶

Abbo announced his departure on Monday morning, attributing the decision to the ongoing internal crisis within the ADC in Adamawa State. His exit comes just 48 hours after another major faction within the party, aligned with Senator Aishatu Dahiru Ahmed, also known as Binani, withdrew from the party.

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Reports indicate that the ADC in Adamawa has been experiencing deep divisions, with a bloc loyal to Binani recently announcing a mass resignation following a stakeholders’ meeting held at the residence of Hon. Mijiyewa Umaru Kugama.

In a communiqué issued after the meeting, the group, drawn from all three senatorial districts in the state, accused the party leadership of weakening internal democracy and violating key principles guiding party operations.

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They further argued that recent congresses conducted within the party were flawed and no longer reflected the will of members, describing the current structure in Adamawa as unacceptable and lacking legitimacy.

The developments highlight escalating tensions within the ADC in the state, as more prominent members continue to exit amid leadership disputes.

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Certificate Controversy: Ex-Minister Nnaji Moves To Settle UNN Dispute Out Of Court.

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Former Minister of Innovation, Science and Technology, Uche Nnaji, has begun moves to resolve out of court a legal case he filed against the University of Nigeria, Nsukka and other respondents over allegations surrounding his academic records.....KINDLY READ THE FULL STORY HERE▶

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Political Rift Deepens As APC Stops Gbenga Daniel From Stakeholders Gathering.

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Senator representing Ogun East in the National Assembly, Gbenga Daniel, alongside his supporters, was reportedly prevented from gaining access to the ongoing All Progressives Congress (APC) stakeholders meeting held at Adeola Odutola Hall in Ijebu Ode on Monday.....KINDLY READ THE FULL STORY HERE▶

According to a viral video circulating online, the former Ogun State governor confirmed the development while addressing his supporters from a branded campaign bus associated with the OGD/PBAT Movement.

In the video, Daniel alleged that the meeting’s outcome would not stand, insisting that he and his group had been barred from entering the venue despite being part of the party structure in the region.

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He stated that although they were present for the APC Ogun East caucus meeting, they were denied access, describing any resolutions taken at the gathering as invalid.

The invitation for the emergency stakeholders’ meeting, issued by party leaders in Ijebu Ode, reportedly included deputy governors, serving and former local government chairmen, councillors, and past and present lawmakers at both state and federal levels.

In a related development, Daniel recently referred to his successor, Ibikunle Amosun, as an “enfant terrible successor” during a church service marking his 70th birthday in Sagamu, where Amosun was also in attendance.

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Both politicians were once close allies before a political fallout that began ahead of the 2007 governorship election, when Amosun challenged Daniel’s re-election bid. The rivalry intensified further in the 2011 political cycle, deepening the divide between the two former governors.

Speaking at the event, Daniel remarked that Amosun’s early political ambition played a role in their fallout during his time in office.

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