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Category: Business

Business Economy

CBN injects $285.7m into forex market

Iheanyi Ejiofor October 27, 2017 headline

The Central Bank of Nigeria (CBN) on Friday, October 27, 2017, injected a total of $285,759,449.10 into the Inter-Bank Foreign Exchange Market to meet requests in four sectors of the…

Read More CBN injects $285.7m into forex market
Business Economy

Guinness Nigeria grows revenue by 30% in Q1

Our Correspondent October 27, 2017

Guinness Nigeria Plc has posted 30 per cent growth in revenue for the first quarter ended Sept. 30, 2017, the News Agency of Nigeria (NAN), reports. The company in a…

Read More Guinness Nigeria grows revenue by 30% in Q1
Business Economy

$3 billion from loan request will be used to service debt inherited from Jonathan’s regime -Adeosun

Iheanyi Ejiofor October 26, 2017 headline

Ebun Francis || Nigeria’s finance minister, Kemi Adeosun has said that the $3 billion out of the $5.5 billion loan request President Muhammadu Buhari sent to the Senate for approval…

Read More $3 billion from loan request will be used to service debt inherited from Jonathan’s regime -Adeosun
Business Economy

Zenith Bank records 35% growth in PAT

Iheanyi Ejiofor October 24, 2017 headline

Alabingo Finance Report || A review of the financial position of Zenith Bank in Q3 2017 result released on Thursday, showed lender recorded 35.49 per cent appreciation in its post-tax profit to…

Read More Zenith Bank records 35% growth in PAT
Business Economy

CBN consolidates forex market stability with $195m

Iheanyi Ejiofor October 23, 2017 headline

The Central Bank of Nigeria (CBN) on Monday, October 23, 2017, injected the sum of $195million into the inter-bank Foreign Exchange Market. Figures obtained from the Bank indicate that the…

Read More CBN consolidates forex market stability with $195m

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