BANKING

Diamond Bank has declared gross earnings of N217.09 billion for the financial year ended Dec. 31, 2015 against N208.40 billion achieved in 2014. The News Agency of Nigeria (NAN) reports...

Nigeria’s Treasury Single Account (TSA) regime formulated by the Federal Government to  shield its resources from pilfering  may experience a flop, following  hints that lenders are planning to stop the...

First City Monument Bank (FCMB) Limited has continued to build a valuable franchise in the retail space and its giant strides are also being felt by Micro, Small and Medium...

Access Bank on Monday posted a profit after tax of N19.4 billion for the first quarter ended March 31, 2016, according to the company’s unaudited. The result submitted to the...

In the local and international markets, many brand minders see market segmentation as a strategy for survival but in few cases, some strong brands target the entire market and succeed....

Nigeria’s energy companies that bought oil fields from majors when oil was selling for more than $100 a barrel have been hammered by crash in oil prices. Now their troubles...

Nigeria's overnight interbank rate rose for the second consecutive week to an average of 6 percent on Friday, from 4.5 percent last week, amid a drop in commercial lenders liquidity...

The total deposit liabilities of all the deposit money banks, DMBs, in the country amounted to N17.3 trillion as at December 2015, the Managing Director of Nigeria Deposit Insurance Corporation,...

Union Bank of Nigeria, UBN, has declared a profit before tax of N4.8 billion in its first quarter, ended March 31, 2016. The figure is 85 per cent higher than...

Just when bank customers think they have had enough on international spending restrictions by commercial banks, top Nigerian bank Access bank Plc has informed their customers about the new restriction...