Author: InvestAdvocate

GTBank Q1 Profit Down 1.7%

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian lender, Guaranty Trust Bank Plc (GTBank) on Wednesday said its profit went down 1.7 percent (1.7%) in its first quarter (Q1) report for the period ended March 31, 2014. Profit before tax (PBT) of the bank went down from N28.491 billion in Q1 2013 […]

Seplat listing will boost oil sector –Standard Bank

Standard Bank has said the listing of Nigerian oil and gas company, Seplat Petroleum Development Company on the Nigerian and London Stock exchanges will go a long way in encouraging the development of the oil and gas industry. The bank said this in a statement on Tuesday, adding that it […]

Ecobank to issue MasterCard debit cards in Nigeria

Ecobank Nigeria has announced a 10-year partnership with MasterCard for the issuance of debit cards to the bank’s customers in the country. The deal follows a licensing agreement between the Ecobank Group and MasterCard in January to provide MasterCard payment solutions in 28 sub-Saharan African nations. According to a statement […]