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Category: Business

Business Economy headline

Zenith Bank beats analysts’ expectation, grows PBT 38% in 2018

Iheanyi Ejiofor March 12, 2019 No Comments

Despite the challenging operating environment, Zenith Bank surpassed analysts’ expectations as its profit-before-tax soared 38 per cent year-on-year to ₦231.7 billion in 2018. The bank grew profit-after-tax by 11.30 per…

Read More Zenith Bank beats analysts’ expectation, grows PBT 38% in 2018
Business Economy

CBN injects $269.92m, CNY 31.34m in Retail SMIS

Iheanyi Ejiofor March 8, 2019 No Comments

In continuation of its periodic intervention in the inter-bank segment of the foreign exchange market, the Central Bank of Nigeria (CBN) on Friday, March 8, 2019, injected the sums of…

Read More CBN injects $269.92m, CNY 31.34m in Retail SMIS
Business Economy

CBN, EFCC meet to tackle economic crimes

Iheanyi Ejiofor March 7, 2019 No Comments

…may bar culprits from opening bank accounts in Nigeria   Officials of the Central Bank of Nigeria (CBN) and their counterparts in the Economic and Financial Crimes Commission (EFCC) met…

Read More CBN, EFCC meet to tackle economic crimes
Business Economy headline

Dangote, Adenuga leads Forbes’ list of 13 richest black people on earth

Iheanyi Ejiofor March 7, 2019 No Comments headline

Two Nigerian Businessmen, Aliko Dangote and Mike Adenuga have topped Forbes’s list of world’s black billionaires for the year 2019. In the American business magazine’s 13 richest black people on…

Read More Dangote, Adenuga leads Forbes’ list of 13 richest black people on earth
Business Economy headline

MTN plans to enlist in Nigeria stock exchange before July ending

Iheanyi Ejiofor March 7, 2019 No Comments headline

MTN Group on Thursday said it will list Nigerian Stock Exchange (NSE) in the first half of 2019, after recording very positive trade numbers in 2018 fiscal year. The South…

Read More MTN plans to enlist in Nigeria stock exchange before July ending

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