Sunday , 23 February 2025

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Breaking : CBN bows to pressure lifts ban on cement, 42 items and raises dollar supply

The Central Bank of Nigeria has said it is raising dollar supply in the foreign exchange market, just as it also lifted the ban on 43 items that were previously not qualified for forex at the official market. The decision came after the naira tumbled to 1,050/$ at the parallel market on Thursday, following pressure from international organisations and experts. ... Read More »

Customer Service Week : Unity Bank Rolls Out Rewards to Celebrate Frontline Staff, Customers

To mark the 2023 Customer Service Week, Unity Bank Plc customers will win prizes while participating in engagement activities lined up for the week-long celebration. From October 2 – 6, the Bank will also celebrate the exceptional teams in its over 200 branches nationwide rewarding outstanding staff members, while reflecting on the theme of this year’s event – Team Service. ... Read More »

Update : CBN Governor, Cardoso, to unveil monetary agenda and tackle the impediments to liquidity in the foreign exchange market

Governor of the Central Bank of Nigeria (CBN) Olayemi Cardoso has given an insight into what the apex bank will do to manage the economy. He said plans are afoot to formally unveil his agenda for the monetary and financial sector in the days ahead. Addressing a group of investors in his office on Thursday, Cardoso said that the CBN ... Read More »

FIRST BANK SPONSORS THE AFRICA INTERNATIONAL TRADE EXHIBITION (A.I.T.E 2023), NEW YORK, PROMOTES FOREIGN DIRECT INVESTMENT IN THE CONTINENT

WA0017: L-R: Alhaji Auwal Ahmed, CEO, Digital Health and Innovation Solutions; Alhaji Ibrahim Bapete, Executive Director, Integrated Facility Management Ltd; Hon Tunde Doherty, Chairman, APC UK Chapter; Hajia Khuraira Musa, President K-Pro Consulting; Mr Babatunde MacAlabi, CEO, T-BYK Limited; Dr Adesola Adeduntan, CEO, FirstBank Group; Mr Tosin Adewuyi, Executive Director, Corporate Banking, FirstBank; Dr Remi Duyile, President, Image Consulting Group ... Read More »

ZENITH BANK DEFIES ODDS WITH ASTOUNDING TRIPLE-DIGIT SURGE IN TOPLINE AND BOTTOMLINE H1 2023 RESULT

Zenith Bank Plc has announced its audited results for the half-year ended 30 June 2023, recording an astounding triple-digit growth of 139% in gross earnings from N404.8 billion reported in H1 2022 to N967.3 billion in H1 2023. This is a clear demonstration of its resilience and strong market share despite a very challenging macroeconomic environment and persistent headwinds.According to ... Read More »

Tony Elumelu Tells Indian Investors : “This is the Best Time to Invest in Nigeria”

Investment pledges amounting to nearly $14 billion U.S. dollars were committed during the Nigeria-India Presidential Roundtable and Conference in New Delhi convened by H.E. President Bola Ahmed Tinubu.Heirs Holdings Group Chairman, Tony O. Elumelu C.F.R., urged the Indian private sector to seize the opportunity to invest in Nigeria, during the Nigeria-India Presidential Roundtable and Conference on Wednesday, September 6th, 2023, ... Read More »

GTCO Plc Releases 2023 Half Year Audited Results

.Reports Profit Before Tax of ₦327.4billion. Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Audited Consolidated and Separate Financial Statements for the period ended June 30, 2023, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦327.4billion, representing an increase of 217.1% over ₦103.2billion recorded in the ... Read More »

Update : Ecobank Remodels Branches For Enhanced Customer Experience And Service Delivery

….Admiralty Way, Lekki; Ajose Adeogun, V.I; Maitama, Abuja; Aba Road, Port Harcourt and seven others already wear new look Ecobank Nigeria has started the remodeling of its branches across the country. This effort will see the bank turn its existing banking halls into modern smart banking arenas designed to offer a cozy experience to customers and other stakeholders of the ... Read More »

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