August 14, 2017/Reuters Nigeria’s Zenith Bank has made a provision on 30 percent of its loan to 9mobile, the country’s fourth largest telecoms group formerly known as Etisalat Nigeria, the bank’s chief executive said on Monday. “We have taken about 30 percent … as a provision which we believe is […]
Money Market
NAFEX, Parallel Market Rates in the outgone week
August 14, 2017/InvestmentOne Research Find below the NGN/USD NAFEX opening and closing rates and the closing NGN/USD rate at the parallel market in the outgone week. 7-Aug-17 8-Aug-17 9-Aug-17 10-Aug-17 11-Aug-17 NAFEX Opening rate (NGN/USD) 367.03 366.70 367.46 366.79 365.91 NAFEX Closing rate (NGN/USD) 367.40 368.17 367.50 366.49 364.78 Parallel […]
Fidelity Bank Bags SME Friendly Bank Award
August 8, 2017/Fidelity Bank Plc Fidelity Bank Plc, one of the country’s foremost financial institutions has been awarded the “SME Friendly Bank of the Year 2017” in utmost recognition of its support for Micro Small Medium Enterprises (MSMEs) in Nigeria. The accolade which was bestowed upon Fidelity Bank Plc at […]
