Access Bank grosses N72 billion in Q3

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Access Bank Plc has announced its profit before tax of N72 billion, representing 19 per cent in Q3 of 2016 compared to N60.4 billion...

UBA: Taking Agric Financing, CSR, IT Innovation To Enviable Height

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                               By Ime Akpan The need for investment in the agricultural sector is increasing due to rising population. According to estimates, demand for food will...

CBN integrates airlines into forex settlement

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The Central Bank of Nigeria (CBN) has incorporated airlines operating from Nigeria into the Inter-Bank Foreign Exchange market through forward settlement. The minister of state...

CBN moves against breaching limit on annual dollar withdrawal

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The Central Bank of Nigeria (CBN) has said that it will no longer look the other way while individuals exceed the $50, 000 annual...

UBA posts half year PBT of N40.270 billion

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United Bank for Africa Plc released its half year financial report which shows profit before tax of N40.270 billion. The figure, which is for the...

Fidelity Bank repays $288m NNPC/NLNG deposits to TSA

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Fidelity Bank has announced the repayment of more than $288 million NNPC/NLNG dividend dollar deposits to treasury single account. In a statement entitled “Clarification on...

Skye Bank affirms CBN’s N101b recapitalisation

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The much-anticipated lifeline for troubled Skye Bank Plc has finally arrived, with a recapitalization to the tune of over N100 billion. The Guardian quotes a...
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