Diamond Bank Suffers 38% Profit Loss in 2016

By Modupe Gbadeyanka One of the major financial institutions in Nigeria, Diamond Bank, has released its audited financial statements for the year ended December 31, 2016. In the results released to the Nigerian Stock Exchange (NSE) today and sighted by Business Post, it was observed that the profit of the lender dropped by 38 percent in the year under More...

by Modupe Gbadeyanka | Published 1 day ago
By Dipo Olowookere On Monday, April 24th, 2017
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5 Annoying Things about Nigerian Banks

By Adeniyi Ogunfowoke Banking in Nigeria has greatly advanced. In the past, you will find long queues but today the opposite is the case. Many of them have embraced technology and have simplified the banking process. Regardless, More...

By Modupe Gbadeyanka On Wednesday, April 19th, 2017
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Review: How UBA Emerged Best Performing Banking Stock

**What Analysts Say United Bank for Africa (UBA) Plc is on the top list of companies with well-rounded performance. UBA’s top-of-the-chart performance at the stock market combines with considerable growth in all More...

By Dipo Olowookere On Tuesday, April 18th, 2017
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GTBank Notice of Issuer Substitution

By Dipo Olowookere NOTICE OF ISSUER SUBSTITUTION: U.S.$400,000,000 6.0 per cent. Notes due 2018 issued by GTB Finance B.V. unconditionally and irrevocably guaranteed by Guaranty Trust Bank Plc (ISIN: XS0992162635, More...

By Dipo Olowookere On Friday, April 14th, 2017
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Lucozade, Mirinda Dangerous to Health—CPC

By Dipo Olowookere Nigerians have been advised to stay away from consuming Lucozade and Mirinda because both beverages contain benzoic acid level above the limit approved by the Nigerian Industrial Standard and More...

By Modupe Gbadeyanka On Friday, April 14th, 2017
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Secret Behind Centrespread Brand Success—Kola Ayanwale

By Modupe Gbadeyanka Few days ago, Centrespread announced an affiliation with Grey Africa, bringing together two formidable brands in the marketing communication industry in Africa. The partnership brought about More...

By Dipo Olowookere On Wednesday, April 12th, 2017
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QNB Group Delivers High Profits in Q1 2016

By Dipo Olowookere Largest financial institution in the Middle East and Africa (MEA) region, QNB Group, has announced its results for the three months ended March 31, 2017. For the three months under review, the More...

By Dipo Olowookere On Wednesday, April 12th, 2017
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Stanbic IBTC Bank Highlights Merits of Financial Literacy Among Youth

By Dipo Olowookere Nigeria’s banking industry will continue to grow in sophistication, innovation and strength as the youth demography becomes significant in driving the future of banking, Stanbic IBTC Bank Plc, More...

By Modupe Gbadeyanka On Wednesday, April 12th, 2017
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SunTrust Bank Stands Tall with Impressive 2016 Performance

By Modupe Gbadeyanka SunTrust Bank Nigeria Limited has released its financial performance for the year ended December 31, 2016 and the results have sent a clear message of determination to succeed and deliver value More...

By Dipo Olowookere On Tuesday, April 11th, 2017
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Fidelity Bank Grosses N152b in 2016, Rakes N7.5b from e-Banking

By Dipo Olowookere No doubt, the 2016 was difficult for Nigeria as well as many businesses in the country, but despite the challenges, some firms survived the tide, including Fidelity Bank, coming out stronger More...

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