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DIAMOND BANK MAINTAINS STABLE GROWTH IN 2016 BUSINESS YEAR

uzoma dozie

Diamond Bank Plc on Monday released her 2016 Business Year (BY) performance scorecard on the floor of the Nigerian Stock Exchange (NSE), showcasing stable growth in key financial parameters. In the audited 2016 Financial Results as approved by the Central Bank of Nigeria (CBN) and made available to financial and capital market correspondents in Lagos, Nigeria, Diamond Bank posted 53 ...

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Heritage Bank empowers BB Naija 5 top finalists with investment support  

raw

    In its continual commitment to boost the small medium enterprise (SME) sector, Heritage Bank Plc, one of the proud sponsors of Big Brother Naija Season-2 reality TV show, yesterday rewarded the five top finalists with financial investment support to enhance their entrepreneur drives. Efe, Bisola, TBoss, Debbie Rise and Marvis who were the top five met with the ...

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Why You Should Invest In GTB’s Stocks

GTB

Over the years, Guaranty Trust Bank (GTB), has proven and has continued to prove why its stocks are the most sought after. For several years, GTB as a financial institution has shone like a million stars carting away awards and recognition from reputable global platforms. In 2017 alone, GTB has been honoured with awards by platforms such as the 2017 ...

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Over 100 Small Businesses To Participate In 2017 GTBank Food And Drink Fair

gtb

More than 100 small businesses in Nigeria’s Food Industry will be provided with free storefronts at the GTBank Food and Drink which holds during the Worker’s Day holiday, on Sunday the 30th of April and Monday the 1st of May, 2017. Organised by foremost African Financial Institution, Guaranty Trust Bank Plc, the 2-day event offers small businesses in the Nigerian ...

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Access Bank Appoints New Group Deputy Managing Director, Roosevelt Ogbonna

The Octopus News

Access Bank Plc has announced the appointment of Mr. Roosevelt Michael Ogbonna as Group Deputy Managing Director. He replaces Mr. Obinna Nwosu who recently resigned his appointment to pursue other personal endeavours. The new group deputy managing director began his illustrious banking career as an investment banker 20 years ago. Over the years, he worked across the Treasury, Risk Management, ...

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Dangote Flour divests from Noodles, cedes assets to Dufil

L-R: Ambassador of the United States of America to Nigeria, His Excellency, Stuart W. Symington; Group Executive Director, Strategy, Capital Projects & Portfolio Development,  Dangote Industries Limited, Devakumar Edwin, and Technical Consultant to the President/CE on Refinery & Petrochemical Projects, Dangote Industries Limited, Engr. Babajide Soyode during United States of America Ambassador to Nigeria visit to Dangote Refinery, Petrochemical and Fertilizer Plant, Lekki Lagos on Tuesday, April 18, 2017.

As part of its regular business portfolio review, Dangote Flour Mills (DFM), has exited its noodles business as it does not consider it strategic. The company has sold the assets of Dangote Noodles to Dufil Prima Foods, makers of Indomie noodles. To smoothen the transition, DFM has offered Dufil the use of some of its facilities on an interim basis. ...

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Ecobank Group Sustains Resilience in 2016, Makes Full Loans Provision, Assures Shareholders of Robust Future Earnings

ecobank

Ecobank Transnational Incorporate (ETI) has taken a decision to completely clean its books of non-performing risk assets in its  legacy loan portfolio, and has made  a provision of N221.7 billion in its 2016 audited accounts.  The impairment charges, showed a jump of 110.7 per cent compared with N105.2 billion recorded in 2015. According to the results released on the floor ...

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UBA: Outperforming

The Octopus News

United Bank for Africa (UBA) Plc is on the top list of companies with well-rounded performance. UBA’s top-of-the-chart performance at the stock market combines with considerable growth in all key fundamental indicators to make the bank the best performing banking stock in recent period. Capital Market Editor Taofik Salako, in this report, reviews the interplay of fundamental earnings and share ...

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Herbert Wigwe, MD/CEO, Access Bank, Talks Sustainable Growth

Herbert Wigwe MD Access Bank Plc

Managing Director and CEO of Africa’s foremost financial institution, Access Bank PLC, Mr. Herbert Wigwe  discusses Access Bank’s success story as a leading innovator and champion of sustainable growth in its industry. The Bank notably took home a series of accolades in 2016 including the World Finance Award for the Best Sustainable Bank of the Year 2016, The Banker Magazine’s ...

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‘CentrespreadGrey is a Testimonial to Unwavering Commitment to Disruption and Re-invention’ – Kola Ayanwale

L-R; Kamal  Ogundeji; Director CentrespreadGrey; Peter Jackson; CEO; GreyAfrica; Kola Ayanwale; CEO; CentrespreadGrey; Tola  Obi ; COO; CentrespreadGrey; Dele Odugbemi; Regional Coordinator GreyAfrica and Mark Lax; Client Service Director, GreyAfrica , during the Announcement of Affiliation Agreement between Centrespread and Grey in Lagos

  Chief Executive Officer of CentrespreadGrey and one of Nigeria’s most successful marketing communications moguls, Kola Ayanwale has described the partnership between Grey Africa and Centrespread which birthed the new CentrespreadGrey as a demonstration of the readiness of Africans to foster seamless relationships that promote excellence across the continent.   In a chat with a team of journalists in Lagos, ...

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