Lekan Sote

Zenith Bank Plc has expanded its global footprints with the opening of Zenith Bank (UK), Paris Branch. The official commissioning, which took place on Wednesday, November 27, 2024 at 21 Rue de la paix, Paris, France was performed by the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun. The opening…

In keeping with its acclaimed annual tradition, Zenith Bank once again set the stage for the Yuletide season with the Light-Up of Ajose Adeogun Street and Roundabout, Victoria Island, Lagos on Saturday, 23 November 2024. The Light-Up ceremony was performed by the Group Managing Director/Chief Executive of Zenith Bank Plc, Dame (Dr.) Adaora Umeoji, OON….

A total sum of N77.5 million in prize money was won at the end of a keenly contested hackathon session at the Fourth Edition of the Zenith Tech Fair, themed “Future Forward 4.0: Embedded Finance, Cybersecurity & Growth Imperatives – The Impact of AI “, which held on Thursday, November 21, 2024, at the Eko…

The Fourth Edition of the Zenith Bank Tech Fair, tagged “Future Forward 4.0: Embedded Finance, Cybersecurity & Growth Imperatives – The Impact of AI”, is set to hold on Thursday, November 21, 2024, at the Eko Convention Centre, Eko Hotels & Suites, Victoria Island, Lagos, from 8.00 a.m. to 6.00 p.m. The fair will showcase…

A columnist with one of Nigeria’s leading newspapers, who may not want his name revealed here, sent in a text message agreeing with the “Memo to ‘Minister of the economy,’” theme of the article published in this column last week. He suggested that “(Wale) Edun, (Minister of Finance and Coordinating Minister of the Economy) and…

Yes, of course, the schedule of Wale Edun, Minister of Finance, as Coordinating Minister of the Economy, includes providing foundational, but realistic ideas to turn around the economy of Nigeria for the better. Abubakar Atiku Bagudu, Minister of Budget, is responsible for planning the Nigerian economy, as it was done by Prof Adebayo Adedeji, Federal…

Zenith Bank Plc has announced its unaudited results for the third quarter ended 30 September 2024, recording a remarkable triple-digit growth of 118% from N1.33 trillion reported in Q3 2023 to N2.9 trillion in Q3 2024. This performance underscores the Group’s resilience and market leadership in spite of the challenging macroeconomic environment. According to the…

With 32.70 per cent headline inflation, 40.20 per cent food inflation, and bread inflation of 45 per cent, all caused by the removal of subsidies from petrol and electricity, and the government’s policy of allowing market forces to determine the value of the Naira, Nigerians are reeling under high cost of living. The observation by…

The economic management team of President Bola Tinubu that wants to create jobs for unemployed youths pounding the streets of Nigeria’s urban centres, must know that jobs that were easily available to those above age 50 almost no longer exist. Online Meta AI and Google searches have almost displaced hardcopy dictionaries and reference books, as…

The fact that the price of petrol can drop if the value of the Naira appreciates should not surprise an accountant like President Bola Tinubu.  The inverse relationship of the value of the Naira and the price of petrol happens because, petroleum, described as an “international citizen,” is largely traded with the American dollar. You…