Zenith Bank Plc ‘s profit before tax (PBT) grew by 16. 2 per cent to N231.685 billion in for the year ended December 31, 2018. Similarly, Profit after tax rose by 11.3 per cent to N193.424 billion in in the same period. The bank’s audited results released on Tuesday showed a decline in gross earnings from N745.189 billion in 2017 ... Read more

The Central Bank of Nigeria (CBN) has made a fresh injection of $210 million into the inter-bank foreign exchange market in its determination to boost supply in that sector of the market. Figures released by the Bank on Tuesday, February 19, 2019, indicated that it offered the total sum of $100million to the wholesale segment, while the Small an ... Read more

Over 91 million Nigerians are now living in extreme poverty, according to the report of World Poverty Clock, a Vienna, Austria-based data lab The report said at least three million Nigerians have slipped into extreme poverty between November 2018 and February 2019. According to the report, 91.16 million Nigerians were living below a dollar a day ... Read more

In a recent ranking by LivewithLynda, Union Bank’s Enabling Success short film has been named the[B] ‘most viewed Nigerian Ad.’[/B] The TV commercialhit 3 million views on YouTube a few days ago, less than 5 months after its 2018 Independen ... Read more

•Amaechi, Israeli firm fingered A society watchdog, African Transparency International (ATI), has raised the alarm over an alleged $195 million campaign fund scam involving the President Buhari Campaign Organisation, fingering Transportation Minister, Rotimi Amaechi, and an Israeli security firm. The group at a press briefing in Abuja alleged t ... Read more

The story of corporate revolutions in Nigeria will not be complete without direct reference to Keystone Bank Limited and its Group Managing Director/CEO, Dr. Obeahon Ohiwerei. This is a man who has used his Midas touch to turn things around for the financial institution within a significantly short space of time. Dr. Ohiwerei is a rare breed. We ... Read more