Business Archives - Page 19 of 20

Zenith Bank fetes shareholders with dividend payout of N87.9 billion

By The Insight Team March 17, 2020 1123 0

Shareholders of Zenith Bank Plc, on Monday, at the 29th Annual General Meeting of the Bank held at the Shehu Musa Yaradua Centre, Abuja unanimously approved the proposed final dividend of N2.50 per share, bringing the total dividend payment for the 2019 financial year to N2.80 per share with a total value of N87.9 billion. […]Continue Reading

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Nigeria’s economy is not working – Dangote

By The Insight Team March 12, 2020 865 0

…says his firms lost N30bn profit to Apapa gridlock Business mogul and Africa’s richest man, Alhaji Aliko Dangote, yesterday gave a poignant verdict on efforts by successive governments to transform the nation’s economy, saying that Nigeria’s economy is not working. This is as even as he said Nigeria’s economic diversification programme Continue Reading

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‘How Nigeria can cope with plummeting crude oil prices’

By The Insight Team March 10, 2020 1134 0

Eliminate oil theft and leakages in the system Optimize supply chain Introduce alternative energies Maintenance of distribution infrastructure Passage of the Petroleum Industry Bill Remove fuel subsidy Bring in multiple players to participate in importation Oil marketers, under the umbrella of the Major Oil Marketers Association of Nigeria (MOMAN), has said that the global Continue Reading

Business Fact Check Features Top Story

Zenith Bank Posts N200billion Profit

By The Insight Team February 21, 2020 759 0

In a clear show of its resilience and market leadership, Zenith Bank has announced an impressive result for the year ended December 31, 2019, with profit after tax (PAT) of N208.8 billion, achieving the feat as the first Nigerian Bank to cross the N200 billion mark. According to the bank’s audited financial results for the […]Continue Reading

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Afrophobia: The lies, data and undercurrent

By The Insight Team September 12, 2019 1320 0

Outrage spread with fire and blood across Africa as the demon of xenophobia took control of the mind and conscience of hundreds of South African youths. Thirsty for blood and destruction, they struck their African brothers to death, looted the fruits of their victims’ labour, burned down the remnant of their hard work, and cursed […]Continue Reading

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Zenith Bank CEO visits Cross Rivers Governor

By The Insight Team August 13, 2019 1042 0

Group Managing Director/Chief Executive, Zenith Bank Plc, Mr. Ebenezer Onyeagwu; Executive Governor, Cross River State, His Excellency Prof. Ben Ayade and Executive Director, Zenith Bank Plc, Mr. Dennis Olisa during the bank’s visit to the Governor to further infrastructural development partnership with the State Government at the weekend.Continue Reading

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Vultures of steel: Ajaokuta where corruption is the system

By The Insight Team July 13, 2019 1681 0

Theophilus Abbah If corruption was an issue of the presence of individual ‘rotten apples’ in the state, it would suffice to arrest such individuals to cleanse the system. That it is not so proves the story of the steel plant of Ajaokuta, Nigeria, where corruption has been the system for decades. With a new legislature […]Continue Reading

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