Ernest Ebi takes over as chairman-designate of Fidelity Bank Plc
A former deputy governor, policy and corporate services of Central Bank of Nigeria (CBN), Mr. Ernest Ebi has been appointed as a non-executive director...
Stanbic IBTC pledges to increase allocation to agricultural sector
As revenue from crude oil export dwindles and the clamour to return to the farm deepens, Stanbic IBTC has pledged to increase its allocation...
Access Bank grosses N72 billion in Q3
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
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
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
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
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
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
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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