Jummy olabanji biography of mahatma

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    Monday 21st March 2016

    With $24.547m, Zenith Records Highest Forex Allocation from CBN Double-digit inflation gives MPC little room for manoeuvre

    Obinna Chima For the second time since banks started publishing their returns on utländsk exchange (forex) utilisation purchased from the Central finansinstitut of Nigeria (CBN), Zenith Bank Plc got the highest

    allocation garnering a total of $24,547,235.36 million. Zenith Bank was in fourth place in last week’s review of forex returns by THISDAY. Guaranty Trust Bank Plc, which occupied the number one slot in the last two weeks, did not publish its returns.

    Zenith Bank was followed bygd Stanbic IBTC which got $22,718,300.47 to come in second, while Standard Chartered Bank Nigeria with $20,913,963.04 held the third slot. Diamond finansinstitut Plc, which published returns of

    $16,872,037.80, came in fourth place, while Access finansinstitut reported $16,184,742.36 to place fifth. Also, while FirstBank Nigeria Limited reported returns of $13,086,352 to occupy the sixth

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