Author: InvestAdvocate

FirstBank, GTbank, Zenith, UBA make World top 500 bank brands

According to the Brand Finance ranking, FirstBank has the highest brand value in Nigeria at $170 million and is closely followed by Guaranty Trust Bank with $169 million. Zenith Bank has a brand value of $147 million with United Bank for Africa having a brand value of $121 million. The […]

Red Star profit rises by 20%

Red Star Express Plc has announced a 20 per cent rise in its profit after tax for the third-quarter ended December 31, 2011. In the result that was released to the Nigerian Stock Exchange on Friday, the company’s profit rose to N250.3m, indicating N40m increase or 20 per cent increase […]

Cash-less economy’ll improve financial transactions – Banker

Branch Coordinator, Nigerian Inter Bank Settlement Scheme, Ilorin, Mr. Owoeye Oluwaseun, has said that the cash-less economy being implemented by the Central Bank of Nigeria will improve efficiency in financial transactions and enhance economic growth. Speaking during a lecture, titled, ‘Cash-less economy: prospects, challenges and expectations,’ organised by Ilorin Bankers […]