Zenith, GTBank, FBN, Access, UBA, Among Top 1000 Global Banks

'Dotun Akintomide
Writer
new-diplomat default image
new-diplomat default image

Ad

Ranked: Top 40 Jobs at Risk From AI

Key Takeaways Interpreters and translators had the highest job exposure to AI, along with several knowledge occupations. Passenger attendants and sales representatives also ranked in the top five most exposed. AI adoption is growing rapidly worldwide, with machines having a growing capability of performing work tasks that overlap with a number of occupations. It’s still…

Israel Withdraws Troops From Gaza as Ceasefire Begins

By Abiola Olawale The Israeli government has withdrawn its army forces from Gaza as a ceasefire officially begins on Friday. It was gathered that the Israeli army said that its troops had ceased fire at noon (0900 GMT) “in preparation for the ceasefire agreement and the return of hostages.” Israeli Prime Minister Benjamin Netanyahu’s office…

Zamfara Rakes In N358.9bn Revenue in 2024, Delivers 82% Budget Performance

By Obinna Uballa The Zamfara State Government has reported a total revenue generation of N358.9 billion for the 2024 fiscal year, achieving 82 percent of its approved N437 billion budget target. The announcement was made on Thursday in Gusau by the State Auditor-General, Abubakar Danmaliki, during the presentation of the state’s 2024 Citizens Accountability Report.…

Ad

Five Nigerian banks which included Zenith Plc, Guaranty Trust Bank Plc (GTBank), FirstBank Nigeria Limited, Access Bank Plc and the United Bank for Africa Plc, were ranked among The Banker Magazine’s 2018 1000 Global Banks, in a report released last night.

According to the ranking, Zenith Bank was placed first in Nigeria and 402nd bank in the world, showing that the financial institution moved 28 places up, compared with the 430th position it was placed last year.

In Nigeria, Zenith Bank was closely followed by GTBank as the second largest bank in Nigeria and 576th in the world.

Also, FirstBank was ranked the third in Nigeria and 592nd in the world.

Access Bank occupied the fourth position and was ranked 630th bank in the world, while UBA was placed fifth in Nigeria and 856th in the global ranking.

According to The Banker, Africa’s economic fortunes improved over the 2017 review period following a difficult couple of years in which lower commodity prices hit the performance of the continent’s largest markets.

“This slowly improving economic climate was reflected by the growth trajectory of Africa’s banks which have, across the board, posted relatively strong numbers in the 2018 Top 1000 World Banks ranking,” it stated.

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp