On the 20th of February 2016, Nigeria’s President Buhari hardened his stance against devaluing the Nigerian Naira because he believes devaluation will not help the […]
Sterling Bank Plc‘s effort to improve internal efficiency has paid off as the financial house successfully reduced funding costs and improved profitability of its core […]
The Economic and Financial Crimes Commission (EFCC) has recovered N408.7 million from some of the beneficiaries of the N23.29 billion bribe money doled out last […]
Diamond Bank Plc on Friday announced a profit before tax of N6.7 billion for the first quarter ended March 31, 2016. The News Agency of […]
One thousand members of Staff of First Bank of Nigeria will lose their jobs, FBN Holdings Plc, the mother body for Nigeria’s oldest and biggest […]
The Code of Conduct Tribunal (CCT) has allowed two additional criminal charges against Senate President Bukola Saraki. In one of the amended charges filed against […]
Nigeria’s biggest banking group FBN Holdings has no need to tap equity markets after an unexpected 119 billion naira ($600 million) loan loss provision last […]
Diamond Bank has declared gross earnings of N217.09 billion for the financial year ended Dec. 31, 2015 against N208.40 billion achieved in 2014. The News […]
The naira has depreciated slightly, exchanging at N320.5 to the dollar at the parallel market. According to NAN, the naira lost 50 kobo on Wednesday […]
Nigeria’s Treasury Single Account (TSA) regime formulated by the Federal Government to shield its resources from pilfering may experience a flop, following hints that lenders […]
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