By Kayode Tokede Amid COVID-19 lockdown, Zenith Bank Plc reported N1.35 trillion loans and advances to Oil & gas and manufacturing sectors in 2020 financial year. The lender’s total exposure to real sector of the economy, according to our correspondent…
By Kayode Tokede Naira at parallel market closed down by 0.75 per cent against the pound sterling to close at N670 and traded flat at N480 against the dollar on Wednesday. Conversely, it gained 0.34 per cent against the euro…
By Kayode Tokede Naira at the Investors & Exporters Foreign Exchange ( I & E FX) window depreciated by 5.54 per cent to N557.33 against the pound sterling on Tuesday. The local currency at I & E FX window traded…
By Kayode Tokede Zenith bank plc has crossed N8 trillion in total assets according to its audited financial statement for year ended December 31, 2020 released on the Nigerian Stock Exchange (NSE) on Tuesday. The lender’s total assets increased significantly…
By Kayode Tokede Following the sudden rise in value and acceptability of Cryptocurrencies and the search by investors for alternative places to put their money, 60 per cent of Central Banks across the globe are under pressure to issue sovereign…
By Kayode Tokede Association of Chartered Certified Accountants (ACCA) has recognised Oluyomi Akinyemi, Associate Director, Data & Analytics, KPMG, with its Regional Advocate of the Year Award for Africa. Oluyomi was lauded for his contributions to public engagements and advocacy…
By Kayode Tokede Naira traded flat at N410 against the dollar at Investors & Exporters Foreign Exchange Market ( I & E FX) market on Monday. The naira lost by 7.49 and 7.62 per cent at I & E FX…
By Kayode Tokede Professor Benedict Oramah of the African Export-Import Bank (Afreximbank), Ms Chinelo Anohu of the Africa Investment Forum, and H.E Wamkele Mene of the African Continental Free Trade Area (AfCFTA) and Dean Garfield, Vice President, Public Policy at…
By Kayode Tokede AFEX Commodities Exchange Limited (AFEX), a private commodities exchange company, has announced the first Warehouse Receipt Backed Commercial Paper in Africa. The paper has tech-enabled operations and a 24-hour fast cash turnaround for borrowers. AFEX in a…
Stakeholders in faith-based organisations and education sector have endorsed the two new products recently introduced into the financial market by Ecobank Nigeria, saying they can provide solutions to their needs. The products Ecobank Stewardship Pack and the Ecobank School Bundle…
