Zenith Bank Hits N5 Trillion Market Value, Becomes Nigeria’s Most Valuable Lender

Zenith Bank has become the first Nigerian lender to exceed a ₦5 trillion market capitalisation on the Nigerian Exchange. This milestone follows a ₦3 trillion rally so far this year and a 116% surge in its share price since January. Under CEO Adaora Umeoji, the bank posted a profit after tax of ₦1.04 trillion for 2025. Total assets rose to ₦31.46 trillion and customer deposits climbed to ₦24.33 trillion. Its network now spans 456 branches, over 2,100 ATMs and 473,000 point-of-sale terminals. Investors also welcomed the proposed dividend of ₦10 per share, double last year’s payout. Nigeria’s reclassification into the FTSE Frontier Market Index in 2026 could bring in over $840 million. Zenith further expanded its footprint through its acquisition of Kenya’s Paramount Bank and a new Manchester branch.

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