Banks Face Lower Profits on New CBN Disclosure Rule A new accounting rule mandating banks to make further disclosures of their assets, including loan portfolio, will...
Zenith Bank’s Q1 Profit Grows to N54bn Zenith Bank Plc saw its pretax profit for the first quarter of the year grow by 22.17 per cent...
GTBank Announces N45 Billion PAT in Q1 Guaranty Trust Bank on Wednesday announced N44.670 billion profit after tax (PAT) for the first quarter of 2018. This...
CBN Injects Fresh $210m Into Forex Market The Central Bank of Nigeria has intervened with another sum of $210m in the foreign exchange market to meet...
FBNInsurance Grows Profit by 37 % FBNInsurance said its profit before tax grew by 37 per cent from N3.11bn in 2016 to N4.26bn in 2017. The...
KPMG Business Survey Highlights Forex Risk in Nigeria A survey of 94 executives of multinationals, large sized public and private companies across various industries that was...
Unity Bank, Oando, Skye Bank Lift Stock Market The market capitalisation of listed equities on the Nigerian Stock Exchange rose by N93bn on Tuesday as 33...
Banks Fail to Remit N74.1bn Govt Revenues –RMAFC Ongoing probe of banks that are collecting revenues for the government has shown that the lenders failed to...
LITFC Targets to Increase TSA to N1 Billion The Executive Director of Lagos International Trade Fair Complex (LITFC), Mrs. Lucy Ajayi, has stated the desire of...
Sterling Bank Grows Profit After Tax by 65% to N8.521bn Sterling Bank Plc on Monday reported a growth of 65 per cent in profit after tax...
