Zenith Bank

Activities on the trading floor of the Nigerian Stock Exchange (NSE) maintained a bullish posture on Friday with the market indicators appreciating further by 0.45 per cent.

As the Global Standing Instruction (GSI) policy of the Central Bank of Nigeria (CBN) came into force at the weekend, many commercial banks have notified customers of their readiness to seize debtors’ funds across financial sector.

The police on Wednesday arraigned a photographer, Ayodeji Festus, 28, in a Chief Magistrates’ Court in Gwagwalada, FCT, for allegedly defrauding woman of N1.7 million.

The Kwara State Police Command, on Saturday, dismissed four officers for misconduct and sanctioned eight others for related offences.

Trading on the nation’s bourse returned to the negative territory on Friday with key market indices declining by 0.35 per cent.

The key market indicators of the Nigerian Stock Exchange (NSE) on Thursday posted the first gain for the week, appreciating by 1.40 per cent.

The Economic and Financial Crimes Commission, EFCC, has secured the final forfeiture of five houses and a total sum of N46 million (N46, 060, 373.84) belonging to Hima Aboubakar and Societe D’ Equipment International Nigeria Limited, to the federal government. The assets are suspected to be proceeds of unlawful activities.

Nigerian banks plan to reduce the amount customers can spend abroad using debit cards on Monday, two lenders said, as banks try to limit foreign currency settlement risk.

Ondo State deputy governor, Mr Agboola Ajayi, has described his boss, Governor Rotimi Akeredolu as a frustrated politician.

The nation’s bourse resumed transactions for the week on Monday with a loss of N55 billion following sell pressure in some blue chips.

Sentiments in the local bourse weakened leaving the All Share Index (ASI) of the Nigerian Stock Exchange (NSE) at 24,276.56 basis points on Thursday, having declined marginally by 0.01per cent.

Activities on the Nigerian Stock Exchange (NSE) on Wednesday extended gaining streak, with indices rising by 0.75 per cent on renewed investors’ interest.

The Nigerian Stock Exchange (NSE) market capitalisation opened the week on Monday with a loss of N162 billion in a day.

The bank, in a statement on Thursday in Lagos, said that it climbed a whopping 29 spots from 425 in 2019 to 386 in the 2020 global ranking of banks.

Aigboje Aig-Imoukhuede, in collaboration with the Private Sector Health Alliance of Nigeria (PSHAN) have unveiled a new initiative geared towards significantly improving Nigeria’s healthcare system at the grassroots level.

A Chief Magistrates’ Court in Gwagwalada, FCT, on Friday ordered Zenith Bank PLC to reverse 8,541 dollars illegally deducted from the account of one of its customers, Mr Ida Gabriel.

Nigerian equities market resumed trading on Monday with a loss of 0.91 per cent as a result of profit taking in some blue chips.

Zenith Bank Plc, has emerged as the best bank in Nigeria in the recently released Global Finance Magazine World’s Best Banks Awards 2020.