Zenith Bank Plc has once again been ranked Nigeria’s Number one bank by tier-1 capital, marking its 16th consecutive year at the top.
The recognition came in the 2025 Top 1000 World Banks Ranking by The Banker, a publication of the Financial Times Group in the United Kingdom.
Zenith Bank was placed 581st globally, with a Tier-1 Capital of 2 billion dollars.
The ranking, featured in the July 2025 edition, was based on banks’ capital as of year-end 2024. Tier-1 capital is a key measure of a bank’s financial strength and stability.
Group managing director and CEO of Zenith Bank, Adaora Umeoji, expressed her delight at the news.
“We are thrilled to have retained our position yet again as the Number One Bank in Nigeria by Tier-1 capital for the 16th consecutive year,” she said.
Umeoji described the achievement as a result of strong financial performance, sound risk management, and the bank’s commitment to delivering value.
She also thanked founder and chairman, Jim Ovia, for is described as his visionary leadership, and extended appreciation to the bank’s customers, board members, and staff.
In its 2024 financial year, Zenith Bank recorded gross earnings of N3.97 trillion, up 86 percent from N2.13 trillion in 2023. Profit before tax rose by 67 percent to N1.3 trillion. The bank also declared a total dividend of N195.67 billion, paying N5.00 per share.
Over the years, Zenith Bank has earned several local and international awards. These include Bank of the Year (Nigeria) by The Banker in 2020, 2022, and 2024; Best Bank in Nigeria from 2020 to 2022, 2024, and 2025 by Global Finance; and Best Bank for Digital Solutions by Euromoney in 2023. The bank also featured in the World Finance Top 100 Global Companies list in 2023.
Zenith has also been honoured for sustainability, transparency, and corporate governance. Awards include Most Sustainable Bank by International Banker, Best in Corporate Governance by Ethical Boardroom, and Most Responsible Organisation in Africa by SERAS in 2024. It was also named Bank of the Year 2024 by ThisDay and New Telegraph newspapers.
