By Emele Onu, with agency report, 07.23.2010    Diamond Bank plans to acquire or merge with another local bank between 2011 and 2012 to increase its size and retail banking focus.   According to Reuters news, the bank announced its decision for the inorganic expansion yesterday.Diamond Bank, which has […]

  From James Emejo in Abuja, 07.23.2010    The management of Savannah Bank of Nigeria (SBN) Plc said yesterday that it would open up centres in the six geopolitical zones in the country to begin  verification of depositors’ accounts before the end of the year.   Spokesman for the bank, […]

  Oil prices rise as tropical depression heads toward Gulf of Mexico; rising stocks boost crude Sandy Shore, AP Business Writer, On Thursday July 22, 2010, 3:30 pm   Oil prices advanced Thursday as energy producers kept an eye on a developing tropical storm that could move into the Gulf […]