By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Zenith Bank Plc Tuesday announced its proposing to up its dividend payout to shareholders of the bank by 9.4 percent (9.4%) in its audited report for the period ended December 31, 2013. The bank has proposed to pay N1.75 for the 2013 audited year end […]
Author: InvestAdvocate
CBN Unveils Guidelines on E-Payment of Salaries, Pensions, Taxes
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The central bank of Nigeria (CBN) Tuesday unveiled approved guidelines on the end-to-end electronic payment of salaries, pensions, suppliers and taxes in Nigeria. The CBN said the released guidelines on the e-payment of salaries, pensions, suppliers and taxes in Nigeria is in exercise of its […]
Banks to Commence T+1 Clearing System Sept’04
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Deposit money banks (DMBs) in Nigeria are to commence the T+1 clearing system; same day value for cheques of customers. The central bank of Nigeria (CBN) Tuesday directed all deposit money banks (DMBs) in the country to adopt the T+1 clearing system; same day value […]
