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Category: Business

Business Economy headline

How Zenth bank rode on reduced impairment charges to post N107 billion pretax profit in H1 2018

Iheanyi Ejiofor September 9, 2018 headline

Alabingo Finance Report || Nigeria’s largest lender in terms of assets, Zenith Bank declared its highest half-year profit before tax in its 28 years of operations, in the first six…

Read More How Zenth bank rode on reduced impairment charges to post N107 billion pretax profit in H1 2018
Business Economy

Forex: CBN injects $303m, CNY 46.58m into retail SMIS

Iheanyi Ejiofor September 8, 2018

The Central Bank of Nigeria (CBN), on Friday, September 7, 2018, injected the sum $303.91 million into the interbank retail Secondary Market Intervention Sales. This is in addition to the…

Read More Forex: CBN injects $303m, CNY 46.58m into retail SMIS
Business headline

Data theft: British Airways to compensate customers

Iheanyi Ejiofor September 7, 2018 headline

British Airways will pay compensation to customers whose data was stolen in a “sophisticated” and “malicious” hacking attack, its boss said Friday. The carrier had revealed overnight that the personal…

Read More Data theft: British Airways to compensate customers
Business headline

Facebook loses more young users – Survey

Iheanyi Ejiofor September 6, 2018 headline

The world largest social media platform Facebook is losing a large number of young users as about one in four of them had removed the app from their smartphones in…

Read More Facebook loses more young users – Survey
Business Economy

Osinbajo storms Abuja market with Tradermoni

Iheanyi Ejiofor September 6, 2018 headline

Prof Yemi Osinbajo, Nigeria’s vice president on Thursday visited the Utako Market in Abuja to witness the disbursement of collateral and interest-free loan, Tradermoni to petty traders. The scheme is…

Read More Osinbajo storms Abuja market with Tradermoni

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