Business news
The Federal Airports Authority of Nigeria FAAN, has suspended the National Aviation Conference earlier scheduled for 1st to 4th April 2020, at the International Conference Centre, Abuja. A statement signed by the General Manager of the agency, Henrietta Yakubu, said that this was necessary due to the need to adhere to safety precautions in the […]
Zenith Bank Plc has announced result for the year ended December 31, 2019, with profit after tax of N208.8 billion, achieving the feat as the first Nigerian bank to cross the N200 billion mark. According to the bank’s audited financial results for the 2019 financial year released in Lagos on Friday, profit after tax rose […]
In response to the Coronavirus pandemic that has left the global economy spiraling, Nigerian Central Bank, (CBN) Monday announced a six-points stimulus that will see a cut in interest rates from 9 to 5 percent per annum on all applicable CBN intervention facilities for 1 year effective March 1, 2020, in addition to a […]
The Managing Director, Ecobank Nigeria, Patrick Akinwuntan said the Ecobank Xpress Save and Xpress Loan is a digital product designed to stimulate micro savings in the economy. According to the bank Managing Director, this innovative product is part of the bank’s overall strategy to drive financial inclusion and make full banking truly accessible to all in […]