Afrinvest set to release 2018 Banking Sector Report on Oct. 22

Ike Chioke, Group Managing Director of Afrinvest Afrinvest (West Africa) Ltd will on October 22, 2018, in Abuja present the 2018 edition of its Annual Nigeria Banking Sector Report to the public. The report titled “An Economic Agenda for a New Government” presents a viable economic roadmap for Nigeria in 2019 and will be launched at the Shehu Musa More...

by Felix OLOYEDE | Published 4 hours ago
By Felix OLOYEDE On Wednesday, October 17th, 2018
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UBA posts N79bn pre-tax profit for Q3 2018

Kennedy Uzoka, GMD, UBA United Bank of Africa Plc retained a remarkable growth in profitability for the unaudited nine months financial result and accounts September 30, 2018, with profit before tax closing at More...

By Felix OLOYEDE On Tuesday, October 16th, 2018
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Court nullifies Unity Bank Executive Director’s sack

The National Industrial Court, sitting in Ikoyi, Lagos State, on Monday voided the termination of employment of Mrs Arese Alonge, declaring her a subsisting Executive Director of Unity Bank. The court ordered the More...

By Felix OLOYEDE On Friday, October 12th, 2018
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FirstBank promotes innovation in banking through Fintech summit

In line with its corporate strategy to drive transformation through its products, processes, and services, FirstBank has announced a 3-day FINTECH summit themed the future of banking – the role of AI and big data. The More...

By Felix OLOYEDE On Friday, October 12th, 2018
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Wema Bank expands branch networks in Lagos, Ogun, Ekiti

Wema Bank Branch Wema Bank has announced the opening of three new branches located in Lagos, Town Planning way ilupeju, Lafenwa in Ogun State and ABUAD, Ado Ekiti with a grand opening celebration and ribbon cutting More...

By Felix OLOYEDE On Thursday, October 11th, 2018
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Naira firms up in Investors’ FX window, exchanges $/N364.02

The Naira appreciated slightly by 0.07 per cent to N364.02 per dollar at the Investors and Exporters (I&E) foreign exchange window on Thursday. At the I&E FX window a total of $135.47mn was traded in 399 More...

By Felix OLOYEDE On Wednesday, October 10th, 2018
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Fidelity: Okonkwo raises the bar

Nnamdi Okonkwo, CEO, Fidelity Bank Plc By OKEY ONYENWEAKU The recent liquidation of Skye Bank Plc by the Central Bank of Nigeria (CBN) has raised apprehensions about the safety of customer deposits in the various More...

By Felix OLOYEDE On Wednesday, October 10th, 2018
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Union Bank introduces Edu360

Union Bank has announced the first edition of an annual education fair – Edu360, as part of its efforts to support education as a critical sector for Nigeria’s growth and development.  The 2-day event themed: ‘Investing More...

By Felix OLOYEDE On Monday, October 8th, 2018
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Naira depreciates 0.22% against dollar in Investors’ Forex Window

The Naira was slightly devalued against the Dollar at the Investors’ & Exporters’ Foreign Exchange Window FX window, losing 0.22 per cent to exchange $/ N363.61 on Monday. At the I&E FX segment of the More...