Wema Bank Partners AHA to Provide Supports to Pharmaceutical Service Providers

Ademola Adebise, MD, Wema Bank As a financial institution committed to wealth creation and building a thriving ecosystem for MSMEs, Wema Bank Plc,  has partnered with the industry sector of the Association of Community Pharmacist of Nigeria (ACPN) through Advantage Health Africa (AHA) to provide support for licensed community pharmacies across the More...

by Felix OLOYEDE | Published 3 weeks ago
By Felix OLOYEDE On Tuesday, October 30th, 2018
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Naira appreciates further at investors’ window

The Naira further gained against the Dollar at the Investors’ and Exporters’ (I&E) foreign exchange window on Tuesday, appreciating  0.07 per cent to close at $/N363.32 from $/N363.58 the previous day. The More...

By Felix OLOYEDE On Monday, October 29th, 2018
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Diamond Bank to reposition for enhanced profitability

By FELIX OLOYEDE In a bid to avoid travelling the rout of Skye Bank, which was recently taken over by the Central Bank of Nigeria (CBN), struggling Diamond Bank is aggressively in search of survival strategies that More...

By Felix OLOYEDE On Monday, October 29th, 2018
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Zenith Bank aims for the heights

Peter Amangbo, GMD/CEO, Zenith Bank … pre-tax profit up 10% to N167.3bn By OKEYONYENWEAKU From a one flat accommodation in a remote corner of Lagos 28 years ago, Zenith Bank has achieved the improbable. The bank More...

By Felix OLOYEDE On Monday, October 29th, 2018
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Q3: Wema Bank profit grows 73% against the odds

Ademola Adebise, MD, Wema Bank Wema Bank, one of Nigeria’s oldest indigenous banks, moved its corporate financial numbers massively in the third quarter (Q3) of the year. The banks third quarter 2018 result More...

By Felix OLOYEDE On Saturday, October 27th, 2018
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Naira depreciates further, loses 0.03% against dollar in I&E forex window

The pressure on the Naira continued Friday at the Investors’ and Exporter segment of the foreign exchange market as it slid 0.03 per cent to exchange $/N363.84 from $/ N363.95 the previous day. A total of $118.19 More...

By Felix OLOYEDE On Thursday, October 25th, 2018
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Earnings assets, lower impairment charge propel Fidelity Bank profit to rise 23.6%

Nnamdi Okonkwo, CEO, Fidelity Bank Plc Growth in earnings assets and decline in impairment charges on loans and advances helped Fidelity Bank to post an impressive financial performance as it profit -after-tax (PAT) More...

By Felix OLOYEDE On Wednesday, October 24th, 2018
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Operating income growth, lower impairment charges lift Ecobank profit up 31%

Ade Ayeyemi, Group CEO, Ecobank By FELIX OLOYEDE Ecobank puts up an impressive financial performance, helped by significant growth in other operating income, fee and commission income and cut in its impairment charges More...

By Felix OLOYEDE On Thursday, October 18th, 2018
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Lower impairment charges, fee income push GTBank post-tax profit up 13% in Q3

GTBank MD, Segun Agbaje, GTbank posted a 13 per cent rise in its profit-after-tax (PAT) on the back of lower impairment charges and double digit increase in fee and commission income, its just released third quarter More...