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Category: Business

Business Economy headline

Govt securities, corporate business lift Zenith Bank revenue in Q1 2018 as PBT increases 22%

Iheanyi Ejiofor May 2, 2018 headline

Alabingo Finance Report  | Interest earned from government securities and placement with banks and discount houses were crucial to the improved revenue Zenith Bank recorded in the first quarter of 2018.…

Read More Govt securities, corporate business lift Zenith Bank revenue in Q1 2018 as PBT increases 22%
Business Economy headline

CBN Boosts FOREX Market with $210m

Iheanyi Ejiofor May 2, 2018 headline

The Central Bank of Nigeria (CBN), on Wednesday, May 2, 2018, injected the sum of $210 million into the inter-bank Foreign Exchange market in continuation of its efforts to sustain…

Read More CBN Boosts FOREX Market with $210m
Business Economy headline

Buhari’s visit already yielding: U.S. to repatriate $500m

Iheanyi Ejiofor May 1, 2018 headline

The visit of President Muhammadu Buhari to U.S. President Donald Trump has yielded the finalisation of negotiations to repatriate more than 500 million dollars (about 190 billion Naira) of Nigeria’s…

Read More Buhari’s visit already yielding: U.S. to repatriate $500m
Business Economy headline

There is no fire incident at CBN head office- Okorafor

Iheanyi Ejiofor May 1, 2018 headline

Ebun Francis| The central bank of Nigeria has refuted reports of a fire incident at the Apex banks headquarters, Abuja on Tuesday. In a statement by Isaac Okorafor, Ag.  Director, Corporate Communications,…

Read More There is no fire incident at CBN head office- Okorafor
Business Economy

FG signs interim agreement for railway concession

Iheanyi Ejiofor April 29, 2018 headline

Press Release| The federal government and four companies led by General Electric have signed an agreement to start the interim phase of the Nigerian narrow-gauge railway concession. According to a…

Read More FG signs interim agreement for railway concession

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