Banking

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  Shareholders approve N40bn rights offer for Unity Bank

  Shareholders of Unity Bank have authorized directors of the bank to raise additional capital...

  • Posted December 26, 2013
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  Unity Bank plans to raise N38bn through special placement

  Shareholders of Unity Bank on Monday approved the bank’s plan to raise over N38...

  • Posted December 24, 2013
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  Jaiz Bank recorded operating loss of N1.07billion in 2012

  Jaiz Bank recorded an operating loss of N1.07 billion in 2012, Alhaji Umaru Mutallab,...

  • Posted December 21, 2013
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  Reps threaten to withdraw govt funds from banks

  The House of Representatives Committee on Banking and Currency has threatened to withdraw all...

  • Posted December 19, 2013
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  GTBank adjudged 2013 ‘Pan Africa Most Innovative Bank’

  With its continuous innovation in the banking industry, Guaranty Trust Bank Plc (GTB) has...

  • Posted December 18, 2013
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  Enterprise Bank employees give management 3-day ultimatum

  The Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI) has given...

  • Posted December 17, 2013
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  Risk management efforts of Access, Enterprise banks recognised

  The risk management efforts of Access Bank Plc and Enterprise Bank Limited have been...

  • Posted December 14, 2013
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  CBN to partner satellite system companies to boost internet services

  The Governor of the Central Bank, Malam Sanusi Lamido Sanusi, says the apex bank...

  • Posted December 11, 2013
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  FBN Heritage Fund pays N10 dividend to unit holders

  Heritage Fund, managed by FBN Capital Asset Management, a subsidiary of FBN Capital Ltd...

  • Posted December 10, 2013
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  Declining profits force banks to cut jobs

  Declining profits which characterised the nine-month results of a number of banks may have...

  • Posted December 10, 2013
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