Category: Business and Finance

CBN Intervenes in Forex market with $210 Million

ABUJA – The interbank segment of the Foreign Exchange Market has received a fresh boost of $210 million from the Central Bank of Nigeria (CBN) following sales concluded on Tuesday, July 16, 2019. Figures obtained from the CBN indicated that authorized dealers in the wholesale segment of the market were again offered the sum of… Read More »

Category: Business and Finance

Jim Ovia Urges Emefiele To Create The Enabling Environment That Will Empower The Nigerian Youths

The Chairman/Founder of Zenith Bank Plc, Mr. Jim Ovia (CON), has called on the CBN Governor, Mr. Godwin Emefiele (CON) to create the enabling environment through the institution of various initiatives that support financial inclusion to help empower and blossom the Nigerian youths. Jim Ovia made the call in his welcome remarks at a reception… Read More »

Category: Business and Finance

Go Cashless This Summer With Firstbank Visa Multi Currency Card

Lagos, First Bank of Nigeria Limited, Nigeria’s premier and leading financial services provider, has introduced the Visa Multi Currency Card, an All-in One-Card and first of its kind to be offered by any financial institution in Nigeria. This card can be linked to all of four currencies namely: NAIRA, USD, EURO and GBP accounts. With… Read More »

Category: Business and Finance

Zenith Bank Introduces Free Banking For Senior Citizens

Zenith Bank Plc has introduced the Zenith Timeless Account, which allows Nigerians aged 55years and above to enjoy free financial services. The Zenith Timeless Account is a product offering targeted at senior citizens (aged 55 years and above), pensioners, potential and existing retirees, that allows them bank for free and conduct banking transactions with ease.… Read More »

Category: Business and Finance

President Buhari Welcomes Continued Support From IDB On Infrastructure

With a growing population and infrastructure deficit, no amount of money is too much to revamp Nigeria’s development challenges, President Muhammadu Buhari said Sunday in Niamey, Niger Republic. ‘‘We need all the support we can get on infrastructure because the oil will not last forever,’’ President Buhari told Dr. Mansur Muhtar, Vice President, Islamic Development… Read More »

Category: Business and Finance

FirstBank to Empower 500 Widows through its SPARK Initiative

As part of activities marking the 2019 First Bank of Nigeria Limited Corporate Responsibility and Sustainability Week (CR&S) the Bank has empowered 125 widows as identified by the International Women Society (IWS) vis-à-vis their initiative for widows – Widows Trust Fund – with funding to grow their micro-medium scale businesses. However, the desire of the… Read More »

Category: Business and Finance

NSE Collaborates with Chapel Hill Denham on Alternative Investment Training

Lagos, July 3, 2019. The Nigerian Stock Exchange, in collaboration with Chapel Hill Denham, organized a training on alternative investments titled “Listed Real Assets: A Teach-In on Alternative Investments” on Wednesday, July 3, 2019. The training covered core concepts of alternative investments, as well as applicable techniques for valuation, trading and investments in the asset… Read More »

Category: Business and Finance

First Bank Promotes Career Development For Staff

Lagos, 2 July 2019. Nigeria’s premier Bank and leading financial services provider, First Bank of Nigeria Limited, recently concluded the maiden edition of its Leadership Acceleration Programme (LAP). The event, filled with the smiles and excitement of the 71 graduands was held on Friday, 28 June 2019 at the Four Points by Sheraton, Victoria Island,… Read More »

Category: Business and Finance

First Bank Promotes Acts Of Kindness, Revs Its Cr&S Week In More Than Half A Dozen Countries

First Bank of Nigeria Limited, Nigeria’s premier and leading financial institution has announced that the third edition of its Corporate Responsibility & Sustainability (CR&S) week is billed for 1 – 6 July 2019 in the six geopolitical zones of the country and the Bank’s business locations in Ghana, Gambia, Guinea, Senegal, Sierra Leone, DR Congo… Read More »

Category: Business and Finance

Zenith Bank At The Africa Investors’ Conference 2019 In London

L-R: Dr Mukhtar Adam, Group CFO, Zenith Bank Plc; Ebenezer Onyeagwu, Group Managing Director/CEO, Zenith Bank Plc; Sim Tshabalala, Group Chief Executive, Standard Bank Group; Sola David-Borha, Chief Executive, Standard Bank Africa Regions and Bola Onadele Koko, Chief Executive, FMDQ OTC Securities Exchange at the Standard Bank Group Africa Investors’ Conference in London on Wednesday.