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Sunday, December 17, 2017
Stanbic IBTC reports 10% growth in revenue in Q3 2016

Court restrains FRCN from obstructing Stanbic IBTC’s operations

Stanbic IBTC Holdings Plc on Wednesday won the first round of its legal battle with the Financial Reporting Council of Nigeria (FRCN), as the...
Skye Bank posts N40.73bn loss FY2015

Skye Bank pledges funding, capacity building for SMEs

Mrs. Ibiye Ekong, Executive Director, South-South/Retail Banking, Skye Bank Plc, has pledged the bank’s continued support to the growth of small and medium enterprises...
Court restrains FRCN from obstructing Stanbic IBTC's operations

FRC allegations: CBN clears Stanbic IBTC, says FRC lacks authority to suspend directors

The Central Bank of Nigeria (CBN) has cleared Stanbic IBTC Holdings Plc and its directors of all allegations levelled against the financial services provider. CBN’s...
FCMB Group moves to increase stake in Legacy Pension Managers

FCMB organises customer forum for Export Trade Stakeholders

Businesses and other stakeholders involved in export trade would converge in Lagos on November 5, 2015 for the customer forum of leading financial services...
Banks make N65.16trn transactions – NBS

Lagos generates N1.08trn IGR in five years – NBS

The Lagos State Government has recorded a total of N1.08 trillion in its Internally Generated Revenue (IGR) between 2010 and 2014. This is according to...
Court restrains FRCN from obstructing Stanbic IBTC's operations

Stanbic IBTC faults FRCN allegations, reaffirm commitment to business compliance

Biodun Abimbola   Stanbic IBTC Holdings Plc on Monday faulted the allegations levelled against it by the Financial Reporting Council of Nigeria (FRCN), stating that they...

UBA records 44% growth in profit, grosses N247.2bn in Q3

Pan-African financial services group, United Bank for Africa (UBA) Plc, released its 9 months unaudited financial results for 2015 showing a strong 44 per...
Foreign reserves hit $33.1bn as Naira stables against major currencies

Naira gains strength at parallel market

The naira on Wednesday firmed against the dollar at the parallel market. The naira gained N1 on Wednesday afternoon as it traded for N225 against...

World Bank defends $75m loan to Edo

The World Bank has defended its $75 million loan to Edo State Government, saying it grants significant funding only to governments it trusts will...

Nigeria’s inflation hits 9.4% in September

The National Bureau of Statistics (NBS) says the nation’s consumer inflation rose to 9.4 per cent year-on-year in September from 9.3 per cent in...