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(From Vanguard (Nigeria) - AAGM)
Byline: Peter Egwuatu
SHAREHOLDERS of Zenith Bank Plc have cause to smile as the Nigerian Stock Exchange (NSE) Tuesday approved the movement in the share price of the bank at the secondary market.
The price movement of the shares of Zenith Bank on the NSE is coming on the heels of the bank disengaging from its previous plan to acquire a smaller bank.
Capital market sources revealed that there are strong indications that Zenith Bank is holding serious merger talks with a major player in the banking industry. The proposed merger according to the source is " expected to greatly improve the shareholders value of …