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Keystone Bank Pledges N1bn to Strengthen Fight Against Coronavirus

As part of a robust effort to combat the deadly Coronavirus Disease outbreak in Nigeria, the management of Keystone Bank on Sunday announced a...

Breaking: UBA Doles Out N5bn To Fight COVID-19 in Lagos, Abuja, 35 States

United Bank for Africa Plc (UBA) on Thursday announced a donation of over 5 billion Naira (USD14 million), through the UBA Foundation, to catalyse...

As Oil Price Crashes, Emefiele Douses Anxiety, Says N380 Forex Rate Not Devaluation

By Hamilton Nwosa(Head, The New Diplomat’s Business and data tracking desk) Central Bank of Nigeria Governor, Mr Godwin Emefiele on Saturday, clarified that the recent...

CBN Bows To Pressure, Technically Devalues Naira By 15%

The Central Bank of Nigeria (CBN) may have finally bowed to immense pressure from various quarters to devalue the Naira. Few days ago, there were...

Zenith Bank Holds AGM, Fetes Shareholders with Dividend Payout of ₦87.9bn

Shareholders of Zenith Bank Plc, on Monday, March 16th, 2020 at the 29th Annual General Meeting of the Bank held at the Shehu Musa...

COVID-19 Effects: CBN Cuts Interest Rate on Loans, Lists Other Interventions

The Central Bank of Nigeria has announced measures to cushion the effects of coronavirus on the Nigerian economy. The apex bank predicts that the global...

UBA Increases Profit To ₦111bn In 2019

United Bank for Africa Plc (UBA) has announced an increase in Profit Before Tax (PBT) to N111.3 billion in its audited results for the...

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