Zenith Bank results influence Nigeria’s markets
28 February 2017 | 1:22 pm
Zenith Bank reported a 23 percent increase in earnings per share to 412 kobo in 2016 from 336 kobo in 2015. Meanwhile, Nigeria’s GDP has shown a -1.30 per cent decline year-on-year.
In October, the Central Bank of Nigeria launched the hugely-anticipated eNaira, joining the small league of countries to own their digital currency. But it hasn’t been smooth sailing for the currency that, according to the CBN, offers more possibilities. What do you think about the eNaira? How would you describe your experience with the eNaira app?
Oil giant Shell will pay a Nigerian community $111m (£80m) over an oil spill more than 50 years ago. A spokesman said the payment would mark the "full and final settlement" to the Ejama-Ebubu community over a spill during the 1967-70 Biafran War. The company has maintained that the damage was caused by third parties.
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Traditionally, growing avocados requires lots of water. But entrepreneurs in Nigeria are attempting to grow them in a new water-saving and sustainable way by using drip irrigation systems and recycling water.
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On GirlZOffMute, we're in Nigeria with the nine-year-old, multi-talented artist Lisa Ebube Nnabuihe, aka Little Lisza. Apart from composing her own songs, she remixes those of famous Nigerian musicians. But which of her remixes is her favorite? And why does Lisa take such pride in her Igbo culture? Listen to what she told our teen reporter who is also a Hollywood star – Angel Onyi Unigwe.
Here are a few reasons to pick up a copy of The Guardian on Wednesday
The Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami was berated by the Nigeria Governors’ Forum (NGF) over plans to deduct about $418 million from the federal account to pay private contractors and firms allegedly owed by the 36 states and local governments over the Paris Club refund.
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