One of the big players in the banking industry in Nigeria, Guaranty Trust Bank plc, has released its unaudited financial results for the first quarter ended March 31, 2015 to the Nigerian and London Stock Exchanges. A review of the Q1 2015 results shows that the Bank continued on a strong growth trajectory, re-affirming its…
Category: Business
The Giant Strides Of Diamond Bank MD, Uzoma Dozie
The emergence of Uzoma Dozie as the Chief Executive Officer/Managing Director of Diamond Bank, to state the obvious, was a surprise to many keen observers of the banking industry in Nigeria. You may ask why, but with the huge achievements recorded by the former man at the helm of affairs, Alex Otti, not many people…
Consumers Complain Bitterly Of Fidson Bitters' Poor Performance
**Product May Be Scrapped, MD’s Son Accused Incompetence When Fidson HealthCare Plc, one of the leading pharmaceutical companies in Nigeria, launched its brand of bitters in the market, many had thought that the product would quickly take over the market from other brands of bitters already enjoying high patronage from consumers. The high expectations on…
Skye Bank Customers In Panic Withdrawal Over Jonathan's Loss
As you read this, several customers of Skye Bank are in fear and have already started withdrawing their hard-earned money in care of the bank. For some others, they have begun closing their accounts with Skye Bank because of fear of the unknown. The reason for this, as Aproko247 learnt, is not far-fetched. According to…
Fear Grips Skye Bank Shareholders, Depositors
If information about Skye Bank Plc reaching Aproko247 is anything to take serious, then the fire on the mountain, which is presently giving shareholders and depositors of the bank sleepless nights, may spell doom. In fact, as it is being discussed in hush tones within the financial instituion, if nothing serious is promptly done to…
Heritage Bank Tasks Students On Money Management Skills
Heritage Bank has advised students to take full advantage of the Financial Literacy Campaign being championed through partnership between the Central Bank of Nigeria and other banks in the country to become adept at growing and managing wealth from their formative ages. According to the bank, the emerging global economic realities have made it imperative…
Heritage Bank Reaffirms Support For SMEs
Leading financial institution in Nigeria, Heritage Bank, has reassured that it will continue to throw its weight behind the growth of Micro Small and Medium Enterprises, MSMEs, in the country. This statement by the bank is in addition to many of the similar small businesses it has helped financially since it began operation. This was…
Alibaba’s Wife, Mary Akpobome, Becomes Enterprise Bank MD
The acquisition of Enterprise Bank by Heritage Bank has reached its final stage with the appointment of an acting Managing Director for newly acquired financial institution. In a statement issued by Heritage Bank on Thursday, and made available to Aproko247, it was disclosed that Mrs Mary Akpobome has been appointed as the Acting Managing Director…
Wema Bank Appoints New Directors
Four new directors have been appointed into the Board of Directors of Wema Bank Plc, a statement by the financial institution has disclosed. The new appointees are Babatunde Kasali, Wole Akinleye, Mrs Folake Sanu and Mrs Abolanle Matel-Okoh. While Kasali and Matel-Okoh were appointed as non-executive directors, Sanu and Akinleye were fixed as executive directors.…
GTBank Declares N116.39Billion Profit Before Tax for FY 2014
Foremost African Banking Group, Guaranty Trust Bank plc has released its audited financial results for the year ended December 2014 to the Nigerian and London Stock Exchanges. A review of the 2014 results shows positive performance across all financial indices, reaffirming the Bank’s position as one of the most profitable and well managed financial institutions…