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Category: Business

Business Economy News

UBA Rewards 20 more Customers with N30m in Wise Savers Promo

Iheanyi Ejiofor April 22, 2019 No Comments

United Bank for Africa (UBA) has rewarded another 20 customers who emerged winners in the second quarterly draw of the UBA Wise Savers Promo with N1.5 million each, bringing the…

Read More UBA Rewards 20 more Customers with N30m in Wise Savers Promo
Business Economy headline

Forex market gets $210 million CBN Boost

Iheanyi Ejiofor April 18, 2019 No Comments

The interbank segment of the Foreign Exchange Market has received a boost of $210 million from the Central Bank of Nigeria (CBN) following sales concluded on Tuesday, April 16, 2019.…

Read More Forex market gets $210 million CBN Boost
Business Economy headline

Zenith Bank Plc sustains market dominance with improved profitability

Iheanyi Ejiofor April 18, 2019 No Comments headline

In the first quarter ended 31 March 2019, Zenith Bank Group recorded improved numbers across key metrics, driven by a solid performance in all business segments. This resulted in a…

Read More Zenith Bank Plc sustains market dominance with improved profitability
Business Economy headline

Lower impairment charges, digit income push Fidelity Bank’s pre-tax profit up 30.6% in 2018

Iheanyi Ejiofor April 17, 2019 No Comments

Alabingo Finance Report| In spite of the tough operating environment, Fidelity Bank posted a 30.6 per cent growth in pre-tax profit to N25.1 billion in 2018 financial year, bolstered by…

Read More Lower impairment charges, digit income push Fidelity Bank’s pre-tax profit up 30.6% in 2018
Business Economy headline

IMF should provide alternatives to Chinese loans- Elumelu

Iheanyi Ejiofor April 13, 2019 No Comments

Ebun Francis| Mr Tony Elumelu, the Chairman of Heirs Holdings and United Bank of Africa (UBA), has called on the International Monetary Fund to provide Nigeria and other countries alternative…

Read More IMF should provide alternatives to Chinese loans- Elumelu

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