THUR JUNE 25 2026-theGBJournal| Zenith Bank Plc has deepened its physical presence in Nigeria’s oil-rich Delta State with the inauguration of a new branch in Osubi, a move that underscores the lender’s expansion strategy and ambition to attract more retail and commercial banking customers in high-growth economic corridors.
Speaking at the commissioning ceremony on Wednesday, Delta State Governor described the development as a vote of confidence in the state’s investment climate and economic prospects.
He said: “This is more than just a banking facility coming on stream. It is a strong vote of confidence in the future of Delta State and in the opportunities that lie before us”.
He commended the Managing Director and Chief Executive Officer of Zenith Bank Plc, Dame Adaora Umeoji, and the bank’s management team for fulfilling their promise to establish a branch in Osubi.
“When this administration came on board, the bank promised to build a branch to service this community and today it is evident. I am particularly impressed by the leadership of the bank for keeping to their promise,” he said.
The governor noted that the branch was the first banking institution in the area, describing it as a major milestone for residents who had long clamoured for access to modern banking services.
“It is worthy of note that this branch is the only bank in the whole of Okpe Local Government Area as it is today, and the significance of this bank to our people cannot be overemphasized because of the impact it will have on the economy of this local government.
“They have been agitating and crying for years, and I told them that by the grace of God we would have a bank here. Today, that promise has been fulfilled, and I know that more banks are coming by the grace of God,” he added.
Governor Oborevwori attributed the growing influx of investments into Delta State to the prevailing atmosphere of peace and security.
According to him, the new branch would provide quality banking services to Osubi and neighbouring communities, support entrepreneurs, strengthen small and medium-scale businesses, promote financial inclusion and stimulate economic growth.
He said: “When a leading financial institution such as Zenith Bank expands its presence in Delta State, it sends a powerful message that Delta is open for business and ready for greater investment.
“As government, we remain committed to sustaining peace, improving infrastructure and providing the right environment for businesses to succeed. We will continue to work with private sector partners whose investments help drive growth, employment and improve the lives of our people”.
Earlier, the Group Managing Director and Chief Executive Officer of Zenith Bank Plc, Dr. Adaora Umeoji, expressed appreciation to Governor Oborevwori for supporting private sector investments and creating an enabling environment for businesses in the state.
The new outlet strengthens Zenith Bank’s distribution network, enhances access to banking services for individuals and businesses in the fast-growing Osubi and Okpe axis, and positions the lender to capture new deposits, deepen customer relationships, and support increased financial inclusion as competition for retail banking customers intensifies across Nigeria’s financial sector.
X-@theGBJournal|Facebook-the Government and Business Journal|email:gbj@govbusinessjournal.com|govandbusinessj@gmail.com
