Money Market

ZENITHBANK Enhances Staff Pay by over 20%, Promotes above 4,000

January 26, 2025/The Genius Media One of Africa’s leading financial institutions, Zenith Bank has reaffirmed its dedication to employee welfare by announcing the promotion of over 4,000 staff members and implementing salary increases ranging from 20% to 30% across various employee grades.  This bold initiative, under the leadership of Managing […]

Against all Odds, FirstBank Eyes Another Decade of Growth

January 26, 2025/FirstBank of Nigeria In the first nine months of last year, the earnings per share (EPS) of FBNHoldings Plc, the parent company of First Bank of Nigeria Limited as well as its profit grew by 125 per cent year-on-year (Y/Y). But there is much more to where the […]

CBN Maintains High Interest Rates to Discourage Speculation, Analyst Says

January 22, 2025 By InvestAdvocate Lagos (INVESTADVOCATE) In a strategic move to stabilize the economy and deter currency speculation, the Central Bank of Nigeria (CBN) has upheld elevated interest rates, presenting significant opportunities for local investors. Economic analysts argue that the policy, while costly to sustain, offers attractive yields on […]