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Banking
Bank results, record dividend payout to lift stock market
As the much expected banks’ 2012 results trickle in at the Nigerian Stock Exchange (NSE), analysts say that the International Financial Reporting Standards (IFRS) compliant results will…
N252.8bn treasury bills enhance liquidity at inter-bank market“
Money market yesterday was awash with liquidity owing to the injection of N252.8 billion worth of treasury bills forcing the Nigeria Inter-Bank Offered Rates (NIBOR) to dip across tenor…
Zenith, GTB record N200bn profit in IFRS compliant results
Deposit money banks in Nigeria on Tuesday commenced release of their 2012 year-end results after delays over compliance with the International Financial Reporting Standards (IFRS) with…
Sterling Bank’s staff key into CSR ‘clean-up Lagos’
As part of its corporate social responsibility (CSR), Sterling Bank has mobilised over 500 of its workforce for a routine environmental clean-up exercise executed at Ikeja Roundabout in…
Union bank re-aligns branch network, targets new market segment
Although, Union Bank does not plan to physically expand locally or internationally this year, however, there are plans to re-align its branch network to make sure it covers new business…