BUSINESS

Zenith hosts FMDA quarterly meeting

&NewLine;<p>Zenith&NewLine;Bank Plc&comma; a leading commercial bank on the Africa Continent has accepted to&NewLine;host Financial Markets Dealers Association &lpar;FMDA&rpar; quarterly general meeting in&NewLine;Lagos&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>FMDA&NewLine;is an Association of licensed Deposit Money Banks &lpar;DMBs&rpar; operating within the&NewLine;Nigerian Financial Market&comma; playing an important role as &nbsp&semi;the principal&NewLine;interface with the monetary authorities through policy advocacy and engagement&NewLine;aimed at promoting sound market&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>In a&NewLine;statement signed by &nbsp&semi;FMDA acting&NewLine;executive secretary&comma; Mrs&period; Mary Gbegbaje and made available to OpenLife&comma; &nbsp&semi;the event is &nbsp&semi;slated for Thursday&comma; June 20 at the Lagos&NewLine;Oriental Hotel&comma; Victoria Island&comma; Lagos by 3&colon;00pm in line with the association’s&NewLine;&nbsp&semi;collaborating strategy &nbsp&semi;with key stakeholders to create awareness on&NewLine;financial markets products&comma; provide technical advice and create networking&NewLine;opportunities for members&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>While&NewLine;Zenith Bank Group Managing Director&sol;CEO&comma; &nbsp&semi;Ebenezer Onyeagwu will give a welcome address&NewLine;and &nbsp&semi;Director&comma; Agusto &amp&semi; Co&comma; Olabode&NewLine;Agusto &nbsp&semi;speaking on the theme&colon;&NewLine;Post-Inauguration Economic Outlook&comma; &nbsp&semi;FMDA&NewLine;President&comma; Samuel Ocheho&nbsp&semi; will discuss key market development issues at&NewLine;the event&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;&NewLine;&NewLine;<p>&OpenCurlyDoubleQuote;The meeting provides a veritable avenue for the exchange of ideas&comma; dissemination of information and fostering of business relationships among Treasurers&comma; market players and their institutions&period; It will also be an opportunity to introduce new dealers into the market and familiarize them with operations of FMDA&comma;” the statement said&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Just&NewLine;recently&comma; Zenith Bank Plc released its unaudited first quarter&NewLine;results for the period ended March 31&comma; 2019 indicating an impressive growth in&NewLine;income by 4&period;9&percnt; to N122&period;48bn <&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Profit Before Tax grew by 6&period;1&percnt;&NewLine;to N57&period;29bn and Profit After Tax grew by 6&period;7&percnt; to N50&period;23bn with &nbsp&semi;Net Assets growing by 6&period;2&percnt; to N780&period;89bn<&sol;p>&NewLine;

Openlife Reporter

Recent Posts

Tinubu Cripples Wike

Tinubu Cripples Wike   OpenLife Nigeria reports that President Bola Ahmed Tinubu has crippled Federal…

2 hours ago

First Holdco Plc Grows Gross Earnings To N3.4 Trillion For Unaudited Full Year Ended December 31, 2025

First Holdco Plc Grows Gross Earnings   OpenLife Nigeria reports that First HoldCo Plc has…

3 hours ago

Deadly Attack In Ebonyi: Governor Nwifuru Sacks Appointees, Dethrones Monarchs From Afikpo

Deadly Attack In Ebonyi   OpenLife Nigeria reports that Ebonyi State Governor, Francis Nwifuru has…

5 hours ago

Imo State Community Gripped In Fears Over Vigilante Leader’s ‘House Of Death’

Imo State Community Gripped In Fears Over Vigilante Leader’s ‘House Of Death’      …

6 hours ago

Sorrow And Joy Of VeryDarkMan

Sorrow And Joy Of VeryDarkMan   OpenLife Nigeria reports that in a dramatic turn of…

6 hours ago

No Allow Jealousy Burn You, The Sky Is So Big For Everybody To Fly”— Funke Akindele Slams Colleague Over Box Office Remarks

"No Allow Jealousy Burn You, The Sky Is So Big For Everybody To Fly"— Funke…

6 hours ago

This website uses cookies.