In August 2024, Zenith Bank launched its public share offer. People can visit Zenith Bank branches or agents to buy shares until the closing date on September 9 2024.

But what if you want to buy Zenith shares online? Good news! Zenith Bank provides several online options to participate in the public offer and rights issue without going to a physical location.

In this post, I’ll guide you through four simple ways to buy Zenith Bank shares online, no matter where you are. The options are:

1. Zenith Bank website
2. Nigerian Exchange (NGX) platform
3. Zenith Mobile App
4. Zenith Bank Internet Banking

These methods are suitable for everyone:

• Zenith Bank customers and those with other Nigerian bank accounts
• Existing shareholders and new investors
• Experienced and beginner investors
• Nigerian residents and non-residents

Option 1: Zenith Bank Website

Buying Zenith Bank shares through their website is fast and easy. The bank has a dedicated page where you can apply for the public offer or rights issue online. Even if you’re a first-time buyer, the process is simple.

To apply, just follow the instructions and make your payment online.

How to Apply for Zenith Bank Shares on the Website

Here are six simple steps to buy Zenith Bank shares on their official website:

Step 1: Visit the Zenith Bank Website

Open your browser and go to www.zenithbank.com.

On the homepage, click on the banner that directs you to the Zenith shares section.

Alternatively, skip the step one by clicking this Zenith Bank shares offer page link

Step 2: Select Your Share Option

Select Your Share Option

Existing shareholders: Choose “Web Payment (Rights Issue)”

New shareholders: Choose “Web Payment (Public Offer)”

Once you select your preferred option, it will take you to the application form.

Step 3: Fill Out the Application Form

Provide your personal information based on your share option:

Rights issue: Enter your CHN/RAN Number, BVN, and date of birth.

Public offer: Enter your CHN/CSCS Number, BVN, and date of birth.
Then, specify the number of shares you want to buy.

Step 4: Make Payment Online

Pay for your shares using your card or other available payment methods. Confirm the payment and submit your application.

Step 5: Receive Confirmation

After submitting, you’ll receive a confirmation message via email or SMS.

The shares will be allocated within three months, at which point you’ll know how many shares you’ve been allocated.

Advantages of Using the Zenith Bank Website

• Direct Access: You can apply directly without needing third-party platforms.
• Secure and Reliable: The website is managed by Zenith Bank, ensuring secure transactions.
• Simple Process: The step-by-step instructions make the process easy to follow.
• Online Resources: You can find detailed information, including the prospectus and FAQs, directly on the site.

Option 2. Zenith Bank Internet Banking

Zenith Bank’s Internet banking platform offers a convenient way to purchase shares during the public offer or rights issue period.

You can manage your finances and invest in shares all from one platform.

How to Buy Zenith Bank Public Offer Shares via Internet Banking

Follow these steps to buy Zenith Bank shares using internet banking:

Step 1: Log in to Zenith Bank Internet Banking

Go to the Zenith Bank website and log in to your internet banking account using your user ID and password (or token).
If you don’t have an account, you can register online or by visiting a Zenith Bank branch.

Step 2: Select the Public Offer or Rights Issue

Choose the appropriate option depending on whether you’re buying shares as a new investor or participating in the rights issue.

Step 3: Complete the Purchase Application

Fill in the required details, including the number of shares you want to buy. Double-check your information for accuracy.

Step 4: Make Payment

After subscribing to the share units, pay directly from your Zenith Bank account.

Ensure you have sufficient funds to complete the purchase.

Step 5: Receive Confirmation

Once your transaction is complete, you’ll receive a confirmation message via email.

Your shares will be credited to your Central Securities Clearing System (CSCS) account within two months.

Pros and Cons of Using Internet Banking

• Pros:
  • Convenient and accessible from anywhere with an internet connection.
  • Seamless integration with your existing Zenith Bank account.
• Cons:
  • You need to be an existing Zenith Bank account holder.
  • Requires a stable internet connection.

Option 3: Zenith Bank Mobile App

The Zenith Bank Mobile App is one of the quickest ways to buy Zenith Bank shares online.

That is if you are a Zenith Bank customer and the bank app is installed on your smartphone.

With just a few taps on your smartphone, you can participate in the public offer or rights issue.

How to Buy Zenith Bank Shares through the Mobile App

Here are five steps to purchase Zenith Bank shares using the Zenith Bank Mobile App:

Step 1: Open your Zenith Bank Mobile App

Log in using your Zenith Bank internet banking credentials or register as a new user.

But if you do not have the Zenith Bank app, download it from the Google Play Store (Android) or the Apple App Store (iOS).

Step 2: Select the Public Offer or Rights Issue

Choose the share option that applies to you. Whether it’s the public offer or rights issue, select the relevant option to continue.

Step 3: Fill Out the Purchase Application

Enter the required details, such as the number of shares you want to buy and your CSCS account number. Review all details carefully before proceeding.

Step 4: Make the Payment

Pay for the shares directly from your Zenith Bank account linked to the app. Make sure you have enough funds to cover the purchase.

Step 5: Receive Confirmation

Once the transaction is successful, you will receive a confirmation message via SMS or email.

Your shares will be credited to your CSCS account once the allocation phase begins in 2 months.

Benefits of Using the Zenith Bank Mobile App

• Convenience: Manage your account and buy shares anytime, anywhere with your smartphone.
• User-Friendly Interface: The app’s intuitive design makes it easy to navigate the share purchase process.
• Integrated Banking Experience: The app allows you to manage all your banking needs, including investments, in one place.

Option 4: NGX Platform

The Nigerian Exchange (NGX) platform provides another reliable method to buy Zenith Bank shares, whether through the public offer or rights issue.

As the primary stock exchange in Nigeria, the NGX allows investors to buy and sell shares of various companies, including Zenith Bank.

How to Purchase Zenith Bank Shares via the NGX Platform

Here’s how to buy Zenith Bank shares using the NGX platform:

Step 1: Create an Account on the NGX Platform

Start by opening an account with a stockbroker registered with the NGX platform.

Complete the account opening process, which may involve submitting documents like your ID, Bank Verification Number (BVN), and proof of address.

Step 2: Fund Your Brokerage Account

Once your account is active, fund it with the amount you plan to invest in Zenith Bank shares. You can do this via bank transfer or other payment methods offered by your broker.

Step 3: Access the Zenith Bank Public Offer or Rights Issue

Log in to your brokerage account through their online platform or mobile app. Search for Zenith Bank under the list of available public offers or rights issues.

Step 4: Place Your Order

Select the number of shares you wish to purchase and submit your order through your broker’s platform. Your broker will execute the trade on your behalf during the offering period.

Step 5: Confirm the Purchase

After the transaction is complete, you’ll receive a confirmation from your broker.

The shares will be credited to your Central Securities Clearing System (CSCS) account within 2 months.

Tips for Using the NGX Platform

• Diversify Your Investments: While investing in Zenith Bank, explore other share opportunities on the NGX platform to diversify your portfolio.
• Work with a Reputable Broker: Choose a reliable and experienced broker to ensure smooth and secure transactions.

Alternatives On Buying Zenith Bank Shares

If you prefer not to buy Zenith Bank shares online, you can explore other options. These alternatives include:

1. Zenith Bank Branch
   Visit a Zenith Bank branch near you to purchase shares in person. A bank staff will assist you with the application process and payment.
2. Issuing Houses
   You can also buy Zenith Bank shares through issuing houses such as:
   • Stanbic IBTC Capital
   • Coronation
   • Cardinal Stone
   • Quantum Zenith
   • Vetiva Advisory Limited
   • Chapel Hill Denham
   • Meristem Capital Limited

These financial institutions act as intermediaries, helping you apply for shares and manage your investment.

Frequently Asked Questions (FAQs)

1. What is a public offer and rights issue?
   • A public offer refers to the issuance of shares to the general public, while a rights issue allows existing shareholders to buy additional shares, often at a discounted rate.
2. Who is eligible to buy Zenith Bank public offer shares?
   • Both new and existing shareholders in Nigeria are eligible to purchase shares during the public offer period.
3. Can I buy Zenith Bank shares online if I don’t have an account with Zenith Bank?
   • Yes, you can purchase shares on the Zenith Bank website and NGX platform, even if you do not hold a Zenith Bank account.
4. What documents do I need to buy shares online in Nigeria?
   • You typically need a valid means of identification, proof of address, and your Bank Verification Number (BVN). CHN/CSCS number is
5. How long does it take to receive Zenith Bank shares after purchasing online?
   • It usually takes 2 months for the shares to be allocated and credited to your CSCS account.

Conclusion

Investing in Zenith Bank shares is now easier than ever, thanks to the convenience of online platforms. Whether you choose to buy through Zenith Bank’s website, Internet Banking, Mobile App, or the NGX platform, you can securely complete your transaction from anywhere in Nigeria or abroad.

Each method has its unique advantages, so consider which one best suits your needs.

Now is the perfect time to invest in one of Nigeria’s top financial institutions. Don’t miss this opportunity to grow your portfolio by purchasing Zenith Bank shares through any of these four simple methods. Take your first step toward securing your financial future today!