Zenith Bank Nears 52-Week High on Soft Rally

Zenith Bank Nears 52-Week High on Soft Rally

Zenith Bank Plc equities market activities bucked the trend on the Nigerian Exchange (NGX) platform, inching near its 52-week high. The bank share price increased to N50 in the local bourse on Monday, despite sell pressures witnessed across key indexes.

During the trading session, Zenith Bank actually reached N51 but retreated due to depressed equities market investors’ sentiment. Trading activity on the bank stock was relatively heavy, driven by buy- and sell-side actors ahead of the first quarter earnings release and dividend payments.

Data showed more than 55.428 million shares of Zenith Bank valued at N2.76 billion exchanged hands in the local bourse.  By this, Ticker: ZENITHBANK topped the value chart.   Zenith Bank had reached N52 briefly in 2025, its highest market price in 52 weeks. The Tier-1 lender is now worth N2.053 trillion in the stock market.

At its scheduled annual general meeting on April 29, Zenith Bank planned to obtain the consent of shareholders to pay a final dividend of N4 per share, bringing the total profit distribution to N5 for the financial year 2024. #Zenith Bank Nears 52-Week High on Soft Rally

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