According to the group's earnings report on Thursday, profit after tax fell by 7.9% to ₦532.2bn ($372.4m) in the six months to June, from ₦577.9bn ($384.4 m) in the same period of 2024. The last time Zenith posted a profit drop was in 2016.| Finance in Africa
With less than 7 months to the CBN's March 31, 2026, recapitalisation deadline, Nigeria’s mid-sized lenders are scrambling to shore up their balance sheets, deploying a mix of capital raises, mergers and asset sales to meet the new minimum capital thresholds.| Finance in Africa
Kenya’s banking sector delivered mixed results in H1 2025, with local lenders recording strong profit growth while foreign-owned banks struggled.| Finance in Africa
