Country
Nigeria
Sector
Financial Services
Intelligence Type
Corporate
Status / Stage
Active
Confidence
Confirmed
Latest Development
Nigeria’s most profitable bank by net income and one of the three largest by assets. Successfully met CBN’s NGN500bn minimum capital requirement ahead of the March 31, 2026 deadline. First female Group CEO in Nigerian banking history (Adaeze Udensi, from June 2024).
Company Profile
Company TypePublic
HeadquartersLagos, Nigeria
Countries of OperationNigeria; Ghana; Sierra Leone; Gambia; UK
Founded1990
Websitezenithbank.com
Key ExecutivesAdaeze Udensi (Group CEO, from June 2024)
Employees~8,000
Revenue~$1.8bn (2024)
Market Capitalization~$3bn (NGX August 2026)
Key Developments
Met CBN NGN500bn recapitalisation ahead of March 31, 2026 deadline via retained earnings and rights issue. Nigeria's most profitable bank by net income. First female CEO in Nigerian banking history.
Key Risks
Nigeria macro volatility. Competition from Access Bank and GT Holdings in digital banking.
Commercial Opportunity Intelligence
Commercial ReadinessCommercially Active
Source & Verification Trail
Last VerifiedAugust 2026
Source(s)Zenith Bank NGX disclosures; Businessday NG
Source Date2024–2026