Zenith Bank hails D’Tigress on Quarter Final qualification

&NewLine;<p>Zenith Bank Plc&comma; the sole&NewLine;sponsor of the Nigerian Female Basketball League has hailed the Nigerian female&NewLine;basketball team&comma; D’Tigress for their exploits at the ongoing FIBA Women’s&NewLine;Afrobasket 2019 in Dakar&comma; Senegal&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Speaking on the progress&NewLine;of the team to the quarterfinal stage of the competition&comma; the Group Managing&NewLine;Director&sol; Chief Executive&comma; Mr&period; Ebenezer Onyeagwu commended the team for their&NewLine;hard work&comma; dedication and team spirit&comma; and urged them to go all the way to the&NewLine;final and bring the trophy home&period; He expressed delight at the heroics of the&NewLine;team&comma; comprised mostly of products of the Zenith Bank Women Basketball League&comma;&NewLine;which the bank has sponsored solely for 15 years consecutively&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Reigning champions&comma;&NewLine;D’Tigress of Nigeria are through to the quarterfinal stage of the ongoing FIBA&NewLine;Women’s AfroBasket 2019 after a resounding victory against Cameroon in their last&NewLine;group game match on Tuesday&comma; finishing off with a 106-39 points&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>The Nigerian female&NewLine;basketball team had earlier defeated Tunisia 75-26 in their opening match of&NewLine;the competition at the magnificent Dakar Arena on Saturday to kickstart the&NewLine;defence of the title they won two years ago in Mali&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Among other sponsorship&NewLine;across sectors&comma; Zenith Bank is the exclusive&NewLine;sponsor of the CNN&nbsp&semi;weekly feature program&nbsp&semi;Inside Africa&comma; &nbsp&semi;in which the bank &nbsp&semi;associates with the African Business Week&NewLine;segment of the programme with the aim of &nbsp&semi;reaching audiences in the Middle East&comma; Africa&comma;&NewLine;Latin America&comma; South Asia&comma; Asia Pacific and across Europe&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Its subsidiaries include Zenith Insurance&comma; Zenith Pension Custodian&comma; Zenith Securities&comma; Zenith Bank Ghana&comma; Zenith Bank UK&comma; Zenith Trust Company&comma; CyberSpace Networks<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>The bank’s financial statement&NewLine;shows that the group audited results for the year ended 31 December&comma; 2018&NewLine;recorded a Profit Before Tax &lpar;PBT&rpar; of ₦232 billion which represents a 16&percnt;&NewLine;growth over ₦199 billion reported in 2017&period; This record Profit Before Tax &lpar;PBT&rpar;&NewLine;was achieved through the Group’s optimisation of its cost of funds&comma;&NewLine;cost-to-income ratio and cost of risk&comma; ensuring that earnings per share&NewLine;strengthened by 11&percnt; to ₦6&period;15&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Known with demonstrable traits&NewLine;of robust treasury and liquidity management&comma; its 2019 business outlook is already&NewLine;positive&period;<&sol;p>&NewLine;