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FirstHoldCo is seeking shareholder approval to raise N253 billion in fresh capital as it pushes toward a N1 trillion paid-up capital base.
Zenith Bank has named Kennedy Onuwa Okwudili as an executive director in a move reinforcing its leadership pipeline under chairman Jim Ovia and CEO Umeoji.
Jim Ovia's Zenith Bank Plc reclaimed its position as Nigeria's most valuable lender after shares surged to an all-time high of N111.
Femi Otedola says rebuilding First HoldCo will involve tough disruptions as the group resets its balance sheet and positions for long term stability.