Guaranty Trust Bank plc has released its audited financial results for the half year ended June 30, 2017 to the Nigerian and London Stock Exchanges. A review of the half year performance, shows positive growth across all key financial metrics and improved strategic positioning of the brand. Gross earnings for the period grew by 2%…
Against the backdrop of increased interest and investments in Mutual Funds in Nigeria, Nigeria’s Securities & Exchange Commission (SEC) announced that total Asset Under Management (AUM) of mutual funds in Nigeria topped N300 billion for the first time ever. This has been attributed to various factors not excluding the current state of the economy, stock…
A whopping N600 million has been set aside by Diamond Bank Plc to reward its loyal customers in the DiamondXtra Season 9 bonanza. Activities planned for the season include extra ordinary draws that will produce 3164 lucky winners throughout Q3 2017. According to information made available to the press, the Bank stated that in the…
Leading telecommunications services provider, Airtel Nigeria, has unveiled its Home Broadband Service in line with its commitment to deepen Internet connectivity as well as empower telecoms consumers to share data with a number of people without worrying about cost and other limitations. The new Airtel Home Broadband delivers superfast broadband service via data terminals such…
Heritage Bank Plc, has taken aggressive approach to support the Central Bank of Nigeria’s initiative to curb the unbanked Nigerians in the rural areas by 20 percent by 2020, thereby offering financial services to the nooks and crannies of Nigerian communities; providing access to underserved markets. The policy was sequel to a research conducted by…
In its H1 2017 financial results released on the floor of the Nigerian Stock Exchange (NSE) in Lagos, Diamond Bank Plc showcased strong growth in core financial parameters surpassing analysts’ projections for the period. The interim report and accounts for the Bank’s operations for the first six months of the business year obtained by our…
The music video of the popular GTBank’s 737 theme song has been released and it is already catching the attention of many. Tagged ‘737 Moments’, the video is filled with colourful scenes, groovy beats and a melody that you won’t forget easily. It has all the staples of a hit. However, its purpose, though, is…
An immediate upward review of the monthly international spend limit on its debit and prepaid Naira cards from $100 to $2,000 has been announced by pan-African financial institution, United Bank for Africa (UBA) Plc. The upward review, which represents a marked increase by 1,900 per cent, allows customers to withdraw up to $2,000 per month…
Customers of Diamond Bank Plc have been assured of continued quality services no matter the circumstances. This assurance was given by management of Diamond Bank Plc after a fire incident as a result of Mob action at its Creek Road, Apapa branch in Lagos State last Wednesday. In a press release made available to journalists,…
United Bank for Africa, UBA, has denied hiding any money belonging to the Federal Government in its custody. In a statement issued by the bank on Friday, UBA said, “Our attention has been drawn to the order of the Federal High Court in Lagos directing that seven (7) commercial banks, including UBA Plc, temporarily remit…