The Central Bank of Nigeria (CBN) has granted approval-in-principle to Zenith Bank to operate as a Holdco.
Part of the statement read, “The CBN has granted approval-in-principle for Zenith Bank to operate a non-operating financial holding company structure.
“Furthermore, the CBN approved Mr Jim Ovia as the Chairman of Zenith Holdco Plc (in-formation and for Mr Jim Ovia to also continue as the Chairman of Zenith Bank until the commencement of Zenith Holdco.”
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