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TSA infringement: Diamond Bank reassures customers

UZOMA DOZIE

  Diamond Bank has allayed the fears of its teaming customers who appear jittery that the recent barring of nine banks, including itself, from participating in foreign exchange market by the Central More...

| Published 6 hours ago
UZOMA DOZIE

TSA infringement: Diamond Bank reassures customers

  Diamond Bank has allayed the fears of its teaming customers who appear jittery that the recent barring of nine banks, including More...

Kennedy Uzoka 1

Forex: CBN re-admits UBA as others face sanctions

The Central Bank of Nigeria (CBN) has re-admitted United Bank for Africa (UBA) into the Foreign Exchange Market. The apex bank also More...

Emefiele

TSA: Banks accuse CBN of discrimination

Okey Onyenweaku and Felix Oleyede Nigerian Banks have accused the Central Bank of Nigeria (CBN) of deliberately favouring some of the More...

Adetokunbo Abiru

Panic persist as CBN reiterates healthy state of Skye Bank

  FELIX OLOYEDE Customers and investors are still anxious over the state of health of Skye Bank despite the Central Bank of Nigeria’s More...

slides_vervecard-1170x470

SUN TRUST BANK DEBUTS IN UNCERTAIN MARKET

Story by Okey Onyenweaku   | SUN TRUST Bank, yesterday opened its doors for business to the public at its Lagos head office. The bank’s More...

cable TV

Dstv, others struggle in the face of economic challenges

As the stinging economic state of the country continues, the usual  high financial flow previously enjoyed by premium pay television  More...

money market business hallmark

SUN TRUST BANK OPENS FOR BUSINESS TODAY

A new financial institution, Sun Trust Bank, makes a formal presentation to the public today, Monday August 15, 2016. The bank, recently More...

PDP-Logo (1)

PDP Convention: Zoning tears party apart

With just days to the August 17 National Convention of the People’s Democratic Party (PDP) billed for Port Harcourt, the Rivers More...

SUN TRUST BANK DEBUTS IN UNCERTAIN MARKET

slides_vervecard-1170x470

Story by Okey Onyenweaku   | SUN TRUST Bank, yesterday opened its doors for business to the public at its Lagos head office. The bank’s management said it was operating a branchless More...

Stock market in danger over high interest rate

high-interest-rates-loans

The Central Bank of Nigeria’s recent 200 basis point hike in Monetary Policy Rate (MPR) from 12 per cent to 14 per cent per annum is having perverse impact on the Nigerian More...

AMCON losses widen in  2015 on asset write-downs

The Assetment Management Company of Nigeria (AMCON) last week revealed that it posted a 2015 loss of N304.35 billion, wider than last year’s loss of N275.49, after it wrote-down More...

Chief-Goddy_Uwazurike1

Nigerians should expect more suffering under Buhari — Uwazurike

Chief Goddy Uwazurike is the President General of Igbo think tank group, Aka Ikenga and a key member of the 2014 National Conference. In this interview with Business Hallmark’s More...

Collapsing economy reinforces campaign for true federalism

Compelled by the seemingly unworkable structure of the Nigerian Federation, former President Goodluck Jonathan convened a National Conference in 2014 to address the country’s More...

Nigerian youths commend lawmaker on Naija Green Card initiative

passport-1

Students of tertiary institutions across the nation and the National Youth Service Corps members have commended the Chairman/CEO More...

Buhari’s one year in office: Anxiety in the air

Buhari54

By Emeka Ejere Few days to one year in office of President Mohammadu Buhari, there are more misgivings than certainty More...

banire Domestic violence: Lawyer calls for training of health personnel

A legal practitioner, Muiz Banire (SAN), has called for more training for health workers in responding...

death Abuse of paracetamol can kill you or your kidney, liver

Overuse of Paracetamol, an analgesic- drug used to relieve pains and fever can kill the kidney,...

fertility-section How does a couple know if they are infertile?

Not every couple who seems to be struggling with achieving pregnancy is infertile in medical terms. ...

Stock market in danger over high interest rate

high-interest-rates-loans

The Central Bank of Nigeria’s recent 200 basis point hike in Monetary Policy Rate (MPR) from 12 per cent More...

NCC fine drags MTN to first interim loss

Africa’s biggest mobile phone operator MTN Group Ltd cut investor payouts by almost 50 per cent as it reported its first-ever..

Market capitalisation of eight Nigerian firms on the LSE hits $6.535bn

Eight Nigerian companies that listed their shares on London Stock Exchange (LSE) are now worth about $7 billion. This companies which..

Fidelity Bank grows revenue by eight percent

Nnamdi Okonkwo

Fidelity Bank grows revenue by eight percent …offers N4.6bn as dividend payout In an unpalatable operating More...

Minister suspends airport officials, orders probe into Turkish Airlines fiasco

The Minister of State for Aviation, Sen. Hadi Sirika, has ordered the suspension of three top officials of Nnamdi Azikiwe International..

South African filmmakers woo Nigerian counterparts

The Consul-General of South African High Commission in Lagos, Amb. Mokgethi Monaisa, has expressed the desire of his country’s filmmakers to..

LCCI, NASME task BOI on Dangote MSME Fund

real sect 26 JULIUS JOHN  | The Nigerian Association of Small and Medium Enterprises (NASME) and  Lagos Chamber of Commerce and Industry (LCCI) have..
money

Strategies for choosing a successful brand name

The name of a product is a crucial element in determining the success or failure of a business. This is why..
Saleh Dunoma

FG to review aviation policy soon

The Federal Government on Tuesday said it would soon review the Nigeria’s Civil Aviation Policy to accommodate the planned policies of..
Sunday Oliseh

Super Eagles coach, Sunday Oliseh, announces resignation…, His resignation is good riddance to bad rubbish — NFF

  Super Eagles coach, Sunday Oliseh, announces resignation .            His resignation is good riddance to bad..

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  • TSA infringement: Diamond Bank reassures customers

      Diamond Bank has allayed the fears of its teaming customers who appear jittery that the recent barring of nine banks, including itself, from participating in foreign exchange market by the Central Bank of Nigeria (CBN), could have grave implications on them as it is engaging the authorities to quickly resolve the matter. According to […]

  • Forex: CBN re-admits UBA as others face sanctions

    The Central Bank of Nigeria (CBN) has re-admitted United Bank for Africa (UBA) into the Foreign Exchange Market. The apex bank also carried out its threat and placed forex restriction order on Diamond Bank Plc, First City Monument Bank Plc (FCMB) and others. The development has sent the stocks of the affected banks crashing further down. […]

  • TSA: Banks accuse CBN of discrimination

    Okey Onyenweaku and Felix Oleyede Nigerian Banks have accused the Central Bank of Nigeria (CBN) of deliberately favouring some of the Deposit Money Banks and allowing others to fall into the trap of violating the Treasury Single Account (TSA) guidelines of the Federal Government of Nigeria. They are of the view that the apex Bank […]

  • GTBank defies harsh operating environment

    Despite the Headwinds Guaranty Trust Bank, GTBank Plc has impressed its stakeholders with Profit Before Tax, PBT of N91.38billion for the half year audited results ended June 30, 2016 The bank recorded positive growth in all key financial metrics, as its gross earnings for the period grew by 37 per cent to N209.9billion from N […]

  • Panic persist as CBN reiterates healthy state of Skye Bank

      FELIX OLOYEDE Customers and investors are still anxious over the state of health of Skye Bank despite the Central Bank of Nigeria’s continued assurance that the bank is in good condition. Last week, texts which have been circulating that the bank was about to go under after the apex sacked its board and management […]

  • SUN TRUST BANK DEBUTS IN UNCERTAIN MARKET

    Story by Okey Onyenweaku   | SUN TRUST Bank, yesterday opened its doors for business to the public at its Lagos head office. The bank’s management said it was operating a branchless financial institution which would employ special technology to provide unique services to its customers. The ‘financial technology bank’, is not interested in erecting […]

  • Stock market in danger over high interest rate

    The Central Bank of Nigeria’s recent 200 basis point hike in Monetary Policy Rate (MPR) from 12 per cent to 14 per cent per annum is having perverse impact on the Nigerian stock market as investors continue to dump equities and turn their attention to alternative fixed-income securities. Stock market capitalization has already dipped from […]

  • NCC fine drags MTN to first interim loss

    Africa’s biggest mobile phone operator MTN Group Ltd cut investor payouts by almost 50 per cent as it reported its first-ever half-yearly loss after taking a hit from a hefty regulatory fine in Nigeria. MTN agreed in June to pay a N330 billion fine in a settlement with the Federal Government for missing a deadline […]

  • AMCON losses widen in  2015 on asset write-downs

    The Assetment Management Company of Nigeria (AMCON) last week revealed that it posted a 2015 loss of N304.35 billion, wider than last year’s loss of N275.49, after it wrote-down the value of collateral recovered from its purchase of bad loans. The corporation’s Executive Director,  Mr Aminu Ismail said the 2015 loss was also partly due […]

  • Diamond Bank might raise new capital, sell some assets — CEO

    Diamond Bank is considering raising fresh capital and selling some assets in order to strengthen its capital base, its chief executive said on Wednesday. Uzoma Dozie said the bank’s capital plan will ensure it meets all regulatory requirements both in the short term and in the future. According to Reuters report, Diamond Bank’s capital adequacy […]

  • Market capitalisation of eight Nigerian firms on the LSE hits $6.535bn

    Eight Nigerian companies that listed their shares on London Stock Exchange (LSE) are now worth about $7 billion. This companies which were able to meet the stringent listing conditions of the stock exchange which has existed for about 318 years include Guaranty Trust Bank (GDR), P Z Cussions, Seplat Petroleum Development Co Ltd, Diamond Bank […]

  • NSE revises bond listing, trading fees

    The Nigerian Stock Exchange (NSE or “The Exchange”) has announced the revision of the listing and trading fees for securities listed and traded on its Fixed Income Market. The revised fee structure which is effective August 17, 2016, will be piloted for an initial six month period, and then evaluated to determine if it has […]

  • Unity bank profit plunges again, faces tough times 

    Unity Bank, one of Nigeria’s oldest lenders, is battling for its life as it strives to remain profitable in the face of multiple challenges. This becomes more worrisome, when a storm of financial uncertainty is blowing across the industry and the economy in general. At a moment of these mounting challenges, Mrs Tomi Somefun, the […]

  • Across the Counter

    There has been an improved service delivery and customer care experience at most branches of Wema Bank Plc. The bank has in the past months had an upgrade in their services as evident in the level of professionalism demonstrated in most of their branches. Hallmark takes a survey across three branches of the bank which […]

  • Accounts that save you from school fees wahala

    In about a month time, primary and secondary schools across the country would be resuming from long vacation. The hearts of many parents are skipping because they don’t know how they would be able to pay their wards school fees when schools resume for the new session. This has been the routine most parents go […]

  • Domestic violence: Lawyer calls for training of health personnel

    A legal practitioner, Muiz Banire (SAN), has called for more training for health workers in responding to victims of domestic violence. Banire who is the National Legal Adviser to the All Progressive Congress (APC) spoke as the guest lecturer  at the Annul Seminar of the National Association of Women Journalists (NAWOJ), Lagos Chapter with theme, […]

  • Abuse of paracetamol can kill you or your kidney, liver

    Overuse of Paracetamol, an analgesic- drug used to relieve pains and fever can kill the kidney, a vital organ of the body or even kill the user, pharmacists have warned. Pharmacists who note that paracetamol is one of the most abused drugs in Nigeria, said that its use beyond recommended dosage and duration may destroty […]


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