Category: Money Market

By Benjamin Ameh The Ecobank Foundation, along with two of its partners, the West African College of Physicians and the Royal College of Physicians (London) today launched the second year of a strategic partnership to reduce the impact of HIV, tuberculosis and malaria. The Millennium Development Goal 6 Partnership for African Clinical Training, also known…

By Benjamin Ameh, Fidelity Bank Plc on Thursday unveiled its new identity. The bank explained that the move was aimed at strengthening its operations in order to deliver superior customer satisfaction. It also explained that the rebranding exercise was to bring about convergence in its services, to suit both the old and new generation customers.…

From Benjamin Ameh, Lagos Pan-African financial services group, United Bank for Africa (UBA) Plc, has announced has released its unaudited 2015 for half year financial results. The results showed strong growth in earnings and profits, as the Bank continued to benefit from its determination to provide value to its large customer base in Nigeria, its…

By Benjamin ameh, Lagos, Nigerian banks are operating in increasingly difficult conditions and this is likely to result in a sharp deterioration in profitability, asset quality, liquidity and capital ratios, says Fitch Ratings. We said the sector outlook was negative in December. GDP figures for 2Q15, released yesterday, show weaker year-on-year growth of 2.4%, down…

From Benjamin A Ameh, Lagos As part of the CBN financial awareness campaign policy, the management of First Bank of Nigeria Limited, a bank with most valuable banking brand in the country has opened a window of money management opportunities to encourage Nigerian teenagers to develop a healthy savings culture while building prudent expenditures and…

The induction, an annual ceremony of the Institute is the forum where student members who have completed their examinations and fulfilled all other conditions set by the Governing Council, are formally admitted into full professional membership of the Institute. Debola Osibogun, President/Chairman of Council, CIBN, called on the stakeholders and general public to all banks,…