How UBA Defied gloom: Grows profits and stock value

By OKEY ONYENWEAKU Kennedy Uzoka, GMD UBA Sweeping past recession troubles, United Bank for Africa (UBA) has grown its third quarter (Q3) 2017 profit by 33.2 per cent, one of the strongest year-on-year earnings growth rate amongst first tier deposit money banks (DMB’s) in Nigeria. UBA also pushed up its gross earnings by 25% from N265.5billion More...

by Felix OLOYEDE | Published 4 weeks ago
By Felix OLOYEDE On Monday, October 16th, 2017

Shareholders call for sack of Oando Management as crisis worsens

OKEY ONYENWEAKU These are tough times for local oil and gas giant, Oando Nigeria Plc and not many of its shareholders are smiling. The company Wale Tinubu, MD, Oando Plc. has been embroiled in a series of crisis More...

By hallmarknews On Sunday, August 6th, 2017
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Financial Market RoI: Zenith, Fidelity, GT Bank, Access,UBA Promise Bumper Harvest

Okey Onyenweaku   | Investors are on the verge of a dividend bonanza as a growing number of banks audit their half year 2017 results. Judging from experience of the recent past banks that audit their half year More...

By hallmarknews On Wednesday, January 13th, 2016

Germany to attract more investors to Nigeria

The Consul-General of Germany in Lagos, Mr Ingo Herbert, on Wednesday announced his government’s readiness to encourage more German companies and investors to increase their investments in Nigeria. Herbert disclosed More...

By hallmarknews On Wednesday, October 7th, 2015

SEC to grow non-interest products to a quarter of market capitalization

The Securities and Exchange Commission (SEC) has said that it is planning to grow non-interest capital market products to be 25 percent of the overall market capitalization. This disclosure was made Tuesday by the More...