March 20, 2017/Punch Okechukwu Nnodim The Central Bank of Nigeria has released foreign exchange to oil marketers to enable them to import petroleum products into Nigeria. According to the Nigerian National Petroleum Corporation, the release of forex to marketers is in response to the repeated requests made by the oil […]
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IMF Christine Lagarde Calls for Global Cooperation and Strong Policies to Sustain the Growth Momentum
March 18, 2017/IMF Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today at the conclusion of the Group of 20 (G20) Finance Ministers and Central Bank Governors Meeting in Baden-Baden, Germany: “Our meeting showed once again that the G20 provides a critical platform […]
Kenya Commercial Bank and Zenith Bank Nigeria: When 12% dividend yield is not enough
March 14, 2017/http://judefejokwu.blogspot.com.ng Zenith Bank on February 27, 2017, released its fiscal year 2016 result; Kenya Commercial Bank did the same on March 9, 2017. Zenith Bank offered its shareholders a final and second dividend for the 2016 fiscal year of N1.77 per share. This equates to a final dividend yield […]
