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Fidelity Bank appoints Mohammed Balarabe as Acting Managing Director
The anti-graft agency had arrested the Fidelity Bank boss for allegedly receiving $115 million in lodgments from the former Minister of...

Nigeria remains the worst place to do business in 2016 — World Bank
According to a survey by the Bank, of the 189 countries surveyed, Nigeria moved from 170th position with 43.56 points in 2015 to 169 with...

Access Bank grows 2016 Q1 profit by 42% to N19.4bn
Access Bank maintained its robust profitability, recording an annualised 20.7% return on average equity (ROAE) from 19.2% in the first...

Efficiency gains drive UBA’s first quarter profits to N18billion
The Group sustained its strong profitability, recording an annualized 20% return on average equity (RoAE). “I am pleased to report yet...

Oni joins FirstBank Board, Odubola retires
It equally announced the retirement of Mr. Abiodun Odubola from its Board as Executive Director/CRO, effective June 30, 2016. Odubola’s...

UBA rewards staff at annual CEO awards
This has been the tradition of the bank since 2008 and equally the eighth edition since its inception. As usual, it lived up to its...

Only 11 states recorded improved internal revenue in 2015 – NBS
The NBS, in its latest Internally Generated Revenue, IGR, report released on Thursday, relied on records from the Joint Tax Board and...

Dangote Industries Limited repositions flour subsidiary to deliver value to stakeholders
DIL had sold TBCG, formerly Dangote Flour Mills Plc to Tiger Brands, a leading South African fast-moving consumer goods company in 2012....

Wema Bank drives NSE turnover on Tuesday
The News Agency of Nigeria (NAN) reports that Equity Assurance trailed with an exchange of 59.59 million shares worth N29.79 million,...

Olam invests in Nigeria’s largest integrated animal feed mill, poultry breeding farms, hatchery in K
At a co-hosted ground breaking ceremony held in Kaduna State today, Olam Group Nigeria and Governor of Kaduna State, H.E. Malam Nasir...

Transcorp releases audited FY 2015 consolidated results, rewards shareholders with bonus issue
Despite the slow start experienced by the Hospitality business in Q1 2015 occasioned by security concerns regarding the March 2015...

GCR rates Wema Bank long term national rating of “BBB-“ with a stable outlook
This rating is similar to the previous ratings issued by Agusto & Co and Fitch Ratings. This is on the back of sustained financial...

Plateau Revenue Service to prosecute banks, institutions, individuals for evading tax
The Acting Chairman, PSIRS, Mr Dashe Arlat, disclosed, Tuesday in a chat with Journalists, in Jos, saying “enough is enough’’ of evasion...

U.S to pressurize Nigeria on naira devaluation this week
In a move that suggests pressing for devaluation of the Nigerian currency, the U.S Assistant Secretary of State for Africa, Linda...

Why my company has been very successful – Dangote
Speaking at the Africa CEO forum in Abidjan, the President of Dangote group also disclosed what has made his conglomerate successful....

Uber launches smart transport service in Abuja
A growing technology company, Uber on Wednesday added Abuja to the list of smart transportation hubs in Africa where riders are...

UBA grosses N60bn in profits, pays additional 40kobo dividend
In its Audited Full Year results for the year ended December 31, 2015, released to the Nigerian Stock Exchange (NSE) on Monday, the bank...

GT Bank declares N301.9bn gross earnings
The News Agency of Nigeria (NAN) reports that this was against the N278.5 billion reported in 2014. The report is contained in the...

Get your favourite BBM sticker packs, cash back in your Firstmonie wallet and a BBM Passport phone i
You can now access and pay for contents on the BBM Shop using your Firstmonie mobile wallet from FirstBank. To make your chats more...
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