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Tuesday , 23 May 2017

Business

You Can now Register Company Name Online -CAC

The Registrar-General, Corporate Affairs Commission (CAC), Bello Mahmud has said the commission has phased out physical submission of new applications for registration in its six states offices. The states are Abuja, Lagos, Kano, Kaduna, Enugu and Rivers. Mahmud told reporters during a press briefing in Abuja on the reform initiative of the commission to ease registration process for its customers. ...

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CBN lifts naira with $255m

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The Central Bank of Nigeria (CBN) has lifted the foreign exchange forex market with a $255 million intervention to ease pressure on the naira. The injection assisted marginally to stabilise the naira  and deepen dollar inflow into the market. A breakdown of the intervention showed that $100 million was released for the wholesale segment of the market for both spots ...

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Victor Ikpeba,Others Applaud Zenith Bank

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It was the gathering of who is who in the country football at the final  of this year’s edition of the Delta State Principal’s Cup sponsored by Zenith Bank came to an end in Ozoro, Delta State at the weekend. In the final match, Mastercare International School, Asaba, defeated Idjerhe Grammar School 2-1 iat the Ozoro Polytechnic Stadium, Ozoro, Delta ...

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These Days, I listen to these songs and get angry- Ras Kimono

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Nigerian Reggae icon, Ras Kimono has expressed his dissatisfaction over the quality of music being churned out by artistes of this generation. Kimono said unlike in the past when music was being used as a tool for social change, music of this generation are all about boobs and butts. Speaking in an interview, he said:”Music is supposed to be a ...

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Oil & Gas Responsible for for 58% of Zenith Bank’s NPL

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The  volatility in the petroleum industry has continued to affect Nigerian banks negatively and if not addressed systematically and urgently, it might push the sector to the brink of another crisis. Specifically,  the  cumulative non-performing loans of power, oil and gas companies, in the books of Zenith Bank Plc rose to N41.49 billion as at the end of 2016, accounting ...

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Actress, Moji Olaiya Dies Of Cardiac Arrest In Canada

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Few weeks after the death of two prominent Yoruba actors, Olumide Bakare and Pastor Ajidara, another popular Yoruba Nollywood actress, Moji Olaiya has died of cardiac arrest in Canada. Moji, daughter of Nigeria’s high life music legend, Victor Olaiya, was confirmed dead barely two months after welcoming her second child in Canada, just a few months after she officially divorced her first ...

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Zenith GMD, Amangbo hails standard of Principals’ Cup

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Sponsors of the rejuvenated Delta State Principals Cup for secondary schools, Zenith Bank Plc has commended the standard exhibited by the young ones in the keenly contested competition which comes to an end this weekend. Group Managing Director of Zenith, Peter Amangbo, said that the outfit was excited with the turn out and response of all the schools and talented ...

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Osinbajo Hailed By For pipeline bombings and oil theft Prevention

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Acting President Yemi Osinbajo on Monday met behind closed doors with some top security Chiefs at the Presidential Villa, Abuja. Speaking with State House correspondents at the end of the meeting, Dan-Ali said: “It’s a pending issue of FEC meeting that we wanted to resolve on maritime surveillance and it has been resolved. “Acting President has been meeting with the ...

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Zenith Bank Revalidates US$1bn Global Medium Term Note

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Zenith Bank Plc (the “Bank”) established a US$1,000,000,000 Global Medium Term Note Programme (the “Programme”), in 2014 and had subsequently raised US$500,000,000 under the first tranche of Notes issued under the Programme (the “First Tranche Notes”). The Bank now intends to revalidate/update the Programme and raise up to US$500,000,000 under the second tranche of Notes that will be issued under ...

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Soludo Acusses Buhari,CBN of playing politics with exchange rate

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A former Governor of the Central Bank of Nigeria, Prof. Charles Soludo has warned the Federal Government and Central Bank of Nigeria to stop playing politics with the nation’s exchange rate to strengthen the Naira. Soludo noted that the apex bank’s official exchange rate of N306 to the dollar has become redundant, describing it as an instrument for rent seekers ...

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