Lagos, Nigeria – Zenith Bank don drop big news as e show say their Staff Provident Fund don buy 33,015,935 units of the bank’s shares wey worth N2.3 billion. This one happen on November 11, 2025, as dem file notice for Nigerian Exchange signed by Michael Osilama Otu, the company secretary. So wetin happen? Dem carry out this share purchase in nine tranches wey average price per share na N69.67. E happen over three days: September 26, 29, and 30 at the NGX.

Just the other day, on November 7, 2025, the fund don cash out 1,750,000 units for N59.98 per share, wey total up to N104.97 million. E no too hard to guess wetin dem wan use am do, abi? (Na to take care of employees’ benefits o!)

Now, make we slice this matter better. For the nine months wey end September 30, 2025, Zenith Bank don spend N182 billion on personnel expenses. Na so dem increase am from N150.6 billion wey dem spend last year. Chai, na money, e no be small matter. Meanwhile, dem operating expenses also shoot up to N532.1 billion, wey be 12.74% increase. Dem higher expenses dey weigh on pretax profit even as revenue dey skyrocket.

On the revenue side, dem see sharp rise for interest income – na 40.7% increase to N2.74 trillion, compared with N1.94 trillion way don record same time last year. Better money dey flow despite total expenses of N814.2 billion, as net interest income rise to N1.92 trillion from N1.2 trillion.

Wetin dey happen with profit? After dem carry out impairment charge wey reach N781.5 billion, net profit stand for N1.14 trillion, wey be 42.63% increase. But no forget say operational expenses still dey temper overall profit. Zenith Bank’s total assets don rise by 2.6% to N31.17 trillion, all thanks to customer deposits wey rise by 9.8% to N23.68 trillion. E be like say investors dey ginger!

Talking about investments, Zenith Bank shares don perform well this year, climbing over 30% for Nigerian Exchange. Now e dey trade for N59.40. So, whether you dey inside the bank or outside, e clear say Zenith Bank dey push for better gains and shareholders go dey smile!