GTCO Makes N103.2 Billion Profit
GUARANTY Trust Holding Company Plc (GTCO) has reported profit before tax of ₦103.2 billion, representing an increase of 11.0% over ₦93.1 billion recorded in the corresponding period ended June 2021. …
Ecobank Will Continually Support Innovative Fintechs And Start-Ups – Ayeyemi
Chief Executive Officer, Ecobank Group, Ade Ayeyemi, has said the Pan African bank will continue to support and collaborate with innovative Fintechs and start-ups in Africa. The GCEO who was…
Providus Bank In N559 Million Fraud Mess
The Federal High Court sitting in Lagos has ordered that Providus Bank Limited should transfer back the remaining balance of N329,454,650.28 alleged to have been fraudulently transferred from the account…
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HUSSEIN EJIBUNU: Customs FOU ‘A’ Makes More Seizures Despite Operational Logistics challenge
The Federal Operations Unit (FOU), Zone ‘A’ of the Nigeria Customs Service (NCS) has said that it lacks adequate logistics and manpower to cover the large stretch of unapproved routes and difficult…
Fidelity Bank Posts Impressive H1 2022 Results As Profits Hits N25.1 Billion
Leading financial institution, Fidelity Bank Plc, has released its H1 2022 results recording a remarkable 21.6% growth in profit to N25.1billion as well as decent growth in most key ratios. According to the…
Stanbic IBTC Bank Set To Support The Agro-Allied Industry
Stanbic IBTC Bank PLC, a member of Standard Bank Group intensified has its efforts in providing financial products and services for businesses in the agro-allied industry in determination to expand…
Access Bank Completes Divestment From Pension Custody Business
Access Holdings Plc has announced that its subsidiary, Access Bank Plc has completed the divestment of its entire equity interest in Access Pension Fund Custodian Limited to First Pension Custodian Nigeria Limited, a…
Fidelity Bank Acquisition Of Union Bank UK
The management of Union Bank, refers to the news regarding the announcement of the proposed acquisition of Union Bank UK Plc. (“UBUK”) by Fidelity Bank. Recall that in 2020, Union…
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INSECURITY/HIGH COST OF DIESEL: UBA Announces Early Daily Closures To Employees, Customers
UNITED Bank for Africa (UBA Plc), one of the biggest commercial banks in Africa has announced early daily closures to all its staff and customers over security situations nationwide. The bank stated that…
Bello Koko Is Confident That Bonny Deep Seaport Will Be Approved
The Managing Director of the Nigerian Ports Authority (NPA), Mohammed Bello Koko, has expressed optimism that the approval for the development of a deep seaport in Bonny will be achieved…