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Category: Business

Business Economy headline

CBN directs banks to charge 0.5% cybersecurity levy

Iheanyi Ejiofor May 6, 2024 No Comments #CBN#Cybersecurity

Our reporter/ The Central Bank of Nigeria (CBN) has directed deposit money banks in the country to start charging 0.5% cybersecurity levy on transactions. This was contained in a circular…

Read More CBN directs banks to charge 0.5% cybersecurity levy
Business Economy headline

Zenith, Nigeria’s best capitalised bank, delivers strong Q1 2024 performance

Iheanyi Ejiofor May 6, 2024 No Comments #Zenith Bank

Zenith Bank Plc has announced its unaudited results for the first quarter ended 31st March 2024, with an impressive triple-digit growth of 189% in Gross Earnings, from ₦270 billion reported in…

Read More Zenith, Nigeria’s best capitalised bank, delivers strong Q1 2024 performance
Business Economy headline

Aliko Dangote Foundation tasks faith leaders on malnutrition and hunger within Nigeria

Iheanyi Ejiofor May 6, 2024 No Comments #Dangote

 The Aliko Dangote Foundation (ADF) has underscored the pivotal role of religious and traditional institutions in tackling the pressing issues of malnutrition and hunger within Nigeria. Speaking at an event…

Read More Aliko Dangote Foundation tasks faith leaders on malnutrition and hunger within Nigeria
Business Economy headline

Zenith Bank, AfCFTA launch innovative smart trade portal

Iheanyi Ejiofor May 5, 2024 No Comments #AfCFTA#Zenith Bank#Zenpay ltd

Zenpay Limited, a wholly owned subsidiary of Zenith Bank Plc, has signed an Agreement with the African Continental Free Trade Area (AfCFTA) Secretariat for the development and deployment of the…

Read More Zenith Bank, AfCFTA launch innovative smart trade portal
Business Economy headline

Fitch upgrades Nigeria’s credit outlook to positive, cites economic reforms

Iheanyi Ejiofor May 4, 2024 No Comments #Fitch#Nigeria#rating agency

Global rating agency, Fitch has reviewed Nigeria’s outlook to positive from stable. A credit rating is a measure of how likely a company or government entity can pay back its…

Read More Fitch upgrades Nigeria’s credit outlook to positive, cites economic reforms

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