Business Hilights

Tracking Nigeria's Headline Business News Online

Dr. Godwin Emefiele

Lessons from Zenith Bank, mentorship and Gov. Udom Emmanuel

The recent colourful funeral of the father of the incumbent governor of Akwa Ibom State, Obong Udom Emmanuel has come and gone, but sight and sound bites still oozing out from the ceremony concerning Zenith Bank and philosophy of staff…

‘IFRS 9: New CBN disclosure rule returning sanity to banks’ financial results’

Emerging revelations from released Q1 results of commercial banks in Nigeria have shown that the new regime of financial reporting is not really suggesting serious drop in banks profits as reported in some quarters of the media in Nigeria. Checks…

Political risk to continue dominance on key consideration for deal-making in Africa

As Nigeria draws nearer to 2019 elections, indications have emerged that political risk will remain a major concern for dealmakers in Africa in 2018. This was revealed in a recent report, Resourceful dealmaking: Outlook for M&A in Africa, published by…

Cut MPR, end multiple exchange rates to exit industries from recession, says ABCON

Though the Nigerian economy is out of recession, there are strong indications that the productive sector or manufacturing segment of the economy is still under the chains of recession. However, to drive their exit process as soon as possible, the…

Former Zenith Bank chiefs Ovia, Emefiele trace feats to training at UNN

Dual banking wizkids, chairman of Zenith Bank Plc., Mr Jim Ovia, Governor of the Central bank of Nigeria (CBN), Dr. Godwin Emefiele, have traced their resilience and observed heights in banking industry to the quality of training they garnered as…

Electronic payment systems eroding significance of physical locations of banks—Emefiele

The Governor of Central Bank of Nigeria (CBN), Dr. Godwin Emefiele has agreed that in no distant time, physical locations of financial institutions may become mere buildings where little or no financial transaction is done. Speaking recently during the Nigeria…

Banking/Investments

Experts predict rates retention as CBN beings MPC meeting today in Abuja

The Central Bank of Nigeria (CBN) will this Monday morning, begin another round of Monetary Policy Committee (MPC) to review the performances of given monetary indices in the weight of recent policies and happenstances in the economy. In the last…