Month: July 2016

‎The management of Sterling Bank Plc. has expressed the desire of the bank to raise the sum of N35 billion by the second half of 2016.According to the bank in ...

Leadway Assurance Company Limited says Swiss Re has purchased a 25 per cent stake in the company. A statement obtained from the firm on Friday said the acquisition of shares ...

IT was a rain of accolades for the outgoing Group Managing Director/CEO of United Bank for Africa (UBA) Plc, Mr. Phillips Oduoza, in Lagos recently as captains of industry and ...

Nigeria’s economy has been very unstable over the past few decades, successive governments has deployed various economic programs to stabilize what is proverbially known today as Africa’s largest economy. The ...

Nigerian banks are likely to face more challenges as the nation’s benchmark interest rate continues to rise, global credit rating agency, Fitch Ratings, has said. The Central bank of Nigeria’s ...

Skye Bank has Plc  received more than 100 billion naira in liquidity from the central bank since July 4 to shore up its operations, its new managing director said on ...

It is no fluke Diamond Bank Plc emerged Best SME Bank in West Africa by the famous Banker Magazine in the 2015 West Africa Awards. The Bank also emerged as the ...

Definition of terms Recessions is a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP (Gross Domestic Product) in ...

Nigeria's impending economic recession has in recent times become a hot topic with varying opinions. Just for the record, economic recession is a period of general economic decline and is typically ...

SIR: Presently, one will be hard put to find a Nigerian that is not aware or in agreement with the fact that the government is hard pressed to save money ...