By Kayode Tokede Zenith Bank Plc has posted a profit before tax (PBT) of N117.05 billion for six months as at June 30, against N114.12 billion achieved in the comparative period of 2020. This was stated in the company’s interim…
By Kayode Tokede The Naira at Investors & Exporters Foreign Exchange (I & EFX) window, on Thursday appreciated by 0.38per cent and 0.27 per cent against the pound sterling and dollar closing at N564.04, and N410.88 respectively. It depreciated marginally…
By Kayode Tokede About 500,000 farmers and vulnerable people in Nigeria’s North-East zone can now access farming friendly and demand-driven financial services. It is the result of First City Monument Bank’s (FCMB) partnership with Mercy Corps, a frontline international aid…
By Kayode Tokede Banks have warned that defaulters of the new foreign exchange policy may face criminal prosecution by the Central Bank of Nigeria (CBN). The banks in emails to their customers said that defaulters of the new foreign exchange…
By Kayode Tokede Naira at Investors & Exporters Foreign Exchange (I & E GX0 window on Wednesday depreciated by 0.08 per cent to close at N483.43 against the Dollar. The local currency also at the IEFX window closed down by…
By Kayode Tokede Guaranty Trust Holdings Company (GTCO) plc formerly Guaranty Trust Bank Plc (GTBank) said it awaits Central Bank of Nigeria (CBN) audited financial statement for half year ended June 30, 2021 approval. The financial institution joined Stanbic IBTC…
By Kayode Tokede The African Development Bank (AfDB), through its Youth Entrepreneurship and Innovation Multi-Donor Trust Fund, has provided more than 7.3 million dollars for youth empowerment. According to a statement from the bank on Tuesday, the fund provides project…
By Kayode Tokede LivingTrust Mortgage Bank Plc has announced that it will offer 750 million ordinary shares to the public to address its free float deficiency in compliance with the rules of the Nigerian Exchange Limited. The free float means…
FirstBank of Nigeria Limited has announced its sponsorship of ‘A Deep Dive Into History,’ a theatre production from the Duke of Shomolu (DOS) Production House, spearheaded by Joseph Edgar. A deep dive into history comprises two exciting stage plays –…
By Kayode Tokede The Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, on Tuesday affirmed the Commission’s willingness to partner with the Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN) in tackling financial crimes and…
