By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Guaranty Trust Bank Plc (GTBank) has increased its profit after tax (PAT) by 9.06 percent (9.06%) in its half year 2013 financial report. To record the 9.0% PAT, GTBank recorded N44.943 billion in the half year of 2012 compared to N49.105 billion recorded in the […]
World News
Islamic finance body IILM sells debut $490 million sukuk
A consortium of central banks from Asia, the Middle East and Africa has taken a first step towards developing a cross-border market in Islamic financial instruments by issuing a $490 million sukuk. The three-month Islamic bonds, denominated in U.S. dollars, were issued by the Malaysia-based International Islamic Liquidity Management Corp […]
Okonjo-Iweala inaugurates Sarah Alade-led NEXIM Board
The Board of the Nigeria Export-Import Bank (NEXIM) recently reconstituted by President Goodluck Ebele Jonathan, GCFR, has been inaugurated by the Coordinating Minister for the Economy (CME) and Minister of Finance, Dr. Ngozi Okonjo-Iweala, with a charge to further boost regional trade in West Africa. Speaking at the Board inauguration […]
