Nigerian Exchange Limited
Insider Dealing: Zenith Bank’s Temitope Fasoranti Invested N23.65 Million in the Bank
Temitope Fasoranti, Executive Director of Zenith Bank, Purchased Shares Valued at N23.65 Million in the Bank
The executive director of Zenith Bank, Dr. Temitope Fasoranti, has reaffirmed his confidence in Nigeria’s most profitable bank in the last two years by increasing his stake in the leading bank.
The Executive Director purchased additional shares of 1 million at N23.65 per share on December 16, 2020 from the Nigerian Stock Exchange trading floor in Lagos.
The management of the bank disclosed this in a statement signed by Michael Osilama Otu, Company Secretary/General Counsel, Zenith Bank.
Local investors have been dumping money on shares of Zenith Bank in the last few months amid a strong bullish run. This shows long term confidence in the future of one of the leading African banks. See the details of the transaction below.
