BANKING
UBA plans African expansion – chairman
United Bank for Africa (UBA) plans to increase its presence in Africa outside Nigeria to 25 countries from 18 now and inject capital into its […]
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BANKING
Fidelity Bank CEO Remains in EFCC custody As shares Slides
The chief executive of Nigeria’s Fidelity Bank remained in custody on Tuesday, having been detained last week by the country’s financial crimes agency, prompting […]
HEADLINES
Donald Trump May Get It Done As Ted Bows Out
Republican front-runner Donald Trump all but sealed the party’s presidential nomination on Tuesday with a commanding victory in Indiana that forced rival Ted Cruz to […]
HEADLINES
Police Recruitment vs YES Program Application: A Case of Symbolic Contrast
Recent figures and statistics emanating from the ongoing recruitment into various service in Nigeria such as the Nigerian air force, economic and financial crime commission […]
BANKING
Fidelity Bank Profit After Tax Declines 11% in Q1 2016
Fidelity Bank Plc has recorded a profit before tax (PBT) of N4.0 billion and profit after tax (PAT) of N3.6 billion for the first quarter […]
HEADLINES
Trump: ‘We can’t continue to allow China to rape our country’
Donald Trump on Sunday compared the U.S.’s trade deficit with China, which he regularly laments and vows to tackle as president, to rape. “We can’t […]
BANKING
FCMB Group Shareholders Ratify N1.98billion Proposed Dividend
Shareholders of the FCMB Group have unanimously approved the payment of a cash dividend of N1.98billion, translating to 10 kobo per ordinary share, for the […]
BANKING
First Bank Leads in CBN’s Forex Allocation As Banks Buy $669million in April
Returns on forex utilization published by commercial and merchant banks have shown that the Central Bank of Nigeria, CBN, allocated a total of $669,405,241 […]
BANKING
FX hurts Fidelity’s earnings but assets increase
The current foreign exchange policy has adversely impacted Fidelity Bank Plc’s gross earnings, with a decline of N4.2 billion in forex income. The bank’s financial […]
BANKING
Fidelity Bank names Balarabe acting MD
Fidelity Bank Plc has named Mohammed Lawal Balarabe, the executive director (north), as the acting managing director “subject to regulatory approval”. The announcement was made […]