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Zenith Bank PLC Appoints Dr. Mukhtar Adam As Chief Financial Officer (CFO)

Zenith Bank PLC Appoints Dr. Mukhtar Adam As Chief Financial Officer (CFO)   Zenith Bank Plc. has announced the appointment of Dr. Mukhtar Adam as its Chief Financial Officer (CFO). His appointment has been approved by the Central Bank of Nigeria (CBN). Dr. Mukhtar Adam holds a...

Bank Returns Reveal Increased Forex Allocation to Manufacturers

CBN strengthens trading rules Trading by banks on behalf of their clients on the Nigerian Interbank Foreign Exchange (NIFEX) has shown increased foreign exchange (forex) allocation to the importation of raw materials and industrial machines by manufacturers. A review of the returns on forex utilisation...

Zenith Bank, French Firm Sign $100m Pact to Boost Power

Zenith Bank Plc and the French Development Agency (Agence Francaise de Development (AFD), operator of France’s bilateral development finance mechanism have signed a $100 million power sector credit facility to boost new investments in the capital expenditures of distribution companies (DISCOS). The signing of the...