Business

Diamond Bank Strengthens Growth in Q1 2017

·        Asset base jumps to N2.07trn Diamond Bank, yesterday, transmitted its Q1 2017 financial accounts to the Nigerian Stock Exchange, NSE, showcasing focused and strong determination to continue to strengthen growth in key financial parameters. The Bank’s performance scorecard for the first three months of the business year as made …

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UBA Revolutionises Mobile Payments with *919# Magic Banking

Lagos, Nigeria, May 05, 2017 – In line with its determination to dominate Africa’s mobile banking space with the introduction of cutting edge technology-driven products and services, United Bank for Africa (UBA) Group, leading African financial institution, has introduced a full-fledged banking platform, tagged UBA Magic Banking and enabled by dialling *919# …

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FBN HOLDINGS PLC. REPORTS GROSS EARNINGS OF N581.8 BILLION, UP 15.7% Year on Year Dec. 2015 …FOR THE FULL YEAR ENDED 31 DECEMBER 2016

                                                                                         FBN Holdings Plc. (“FBNH” or “FBNHoldings” or the “Group”) today announces its audited results for the full year ended 31 December 2016. Income Statement[1]                                                       Gross earnings of N8billion, up 15.7% year-on-year (y-o-y) (Dec 2015: N502.7 billion) Net-interest income of N4 billion, up 14.8% y-o-y (Dec 2015: N265.2 billion) …

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Dangote’s new Pasta products to compete with rice

  In a major strategic move to grow its market equity in Africa, Dangote Flour has unveiled new improved pasta products called ‘Ecccellente’. The re-vamped Pasta, is expected to reduce the dependency on rice consumption by Nigerians. Speaking at the Grand Customer Launch Event in Kano on Tuesday, Executive Director, …

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