Business
Zenith Bank’s Shareholders Lose N3.13bn As Stock Value Drops Over Dwindling Public Interest
Shareholders at the Zenith Bank have lost N3.13 billion this week as investors’ interest in the lender fluctuates.
Within two days, the value of Zenith Bank’s shares dropped with investors and members of the public pricing the shares at a lower price.
The closing price for Zenith Bank’s stock at the close of business on Monday was N23.9kobo.
This dropped to N23.8kobo on Tuesday and depreciated further to N23.5kobo on Wednesday.
It, however, rebounded and settled at N23.8kobo on Thursday.
The depreciation in the value of Zenith Bank’s stock came at a time companies are preparing their financial statements for the second quarter.
-
Latest News1 week agoTinubu Govt Declares Nationwide Public Holiday For Nigerians
-
Entertainment1 week ago₦800,000, ₦5m, $11,000: Ogogo’s Daughter Accuses Nigerians Of Exploiting Father’s Cancer
-
Latest News2 weeks agoTinubu Meets Akpabio, Doguwa, Oyetola, Alake At Aso Rock
-
Latest News2 weeks agoINEC Makes Fresh Announcement After Declaring Adeleke Winner Of Osun Election
-
Latest News1 week agoAPC Chairman Collapses, D!es
-
Latest News6 days agoUzodinma Won’t Market Tinubu To Igbos’ – Oshiomhole Reveals Who Should Help
-
Latest News7 days agoTinubu Renews Appointments In NTA, NAN
-
Latest News5 days agoFG Announces New Appointment
-
Entertainment2 weeks agoOgogo’s Family Breaks Silence, Debunks Viral D**th Rumour
-
Latest News5 days agoTinubu Reviews APC Campaign Council Over ‘Corrupt’ Names — See Who Escaped the Shake-Up
-
Entertainment6 days ago‘Please Forgive Me’ – Ijebu Begs Colleagues After Ogogo’s D**th
-
Latest News3 days agoMalami Sends Strong Message To ADC Members Ahead Of 2027 Elections