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Category: Business

Business Economy

Zenith Bank records rise in profit with N58.7 billion in Q1 2020

Iheanyi Ejiofor April 30, 2020 No Comments #Zenith Bank records rise in profit with N58.7 billion in Q1 2020

Zenith Bank Plc has announced its unaudited results for the first quarter ended March 31, 2020, with profit before tax rising by 3 per cent to N58.7 billion. According to…

Read More Zenith Bank records rise in profit with N58.7 billion in Q1 2020
Business Economy headline

Banks to open in Lagos, Ogun, FCT from Monday- FG

Iheanyi Ejiofor April 29, 2020 No Comments FCT from Monday- FG

Yusuf Bello| The presidential task force on COVID-19 on Wednesday said doors of banks in Lagos, Ogun, and the FCT will be open to customers from Monday, May 4. The…

Read More Banks to open in Lagos, Ogun, FCT from Monday- FG
Business Economy headline

CBN resumes dollar sales for SMEs, school fees

Iheanyi Ejiofor April 29, 2020 No Comments #CBN resumes dollar sales for SMEsschool fees

By our reporter| The Central Bank of Nigeria (CBN) on Wednesday said it has resumed the provision of foreign exchange to banks to enable parents pay school fees and to…

Read More CBN resumes dollar sales for SMEs, school fees
Business Economy

CBN: N27bn donated so far through CACOVID

Iheanyi Ejiofor April 28, 2020 No Comments #CBN: N27bn donated so far through CACOVID

By our reporter|The Nigeria private-sector coalition against COVID-19 (CACOVID) has so far realised about N27.160 billion to help fight the coronavirus pandemic. In an update document as at April 23…

Read More CBN: N27bn donated so far through CACOVID
Business Economy

COVID-19: Germany grants Nigeria N8.9bn debt relief

Iheanyi Ejiofor April 28, 2020 No Comments #Germany grants Nigeria N8.9bn debt relief

By our reporter| The Republic of Germany on Tuesday said it has granted Nigeria debt relief amounting to N8.9 billion (€22.4 million) on account of the coronavirus pandemic. Also, the…

Read More COVID-19: Germany grants Nigeria N8.9bn debt relief

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