July 27, 2016/InvestmentOne Research Culled—Proshare Q2 2016 results highlight: Net interest income down: -2.7% q/q; -15.0% y/y Other operating income up: +231.7% q/q; +125.5% y/y Mixed PBT: +8.1% q/q; -5.2% y/y FBNH’s recently released results Q2 2016 were reflective of the depreciation of the local currency at the interbank market. […]
Frauds & Scandals
Company Slams N8b Copyright Infringement Suit On Ecobank
26/7/2016/Sahara Reporters A Federal High Court sitting in Lagos has adjourned hearing in an N8 billion copyright infringement suit filed against Ecobank Nigeria Limited till 21 September. The suit was filed by Rolling Innovations and Investment Limited and its Managing Director Anthony Osamudiamen. In a statement of claims (Suit No. FHC/L/CS/452/2016), filed against […]
Public Statement: UBA Debunks Turkey Coup Allegations
July 26, 2016/United Bank for Africa Plc UBA is aware of the on-going and spurious media speculation linking our institution to recent events in Turkey. In light of this we believe it is necessary to categorically state that UBA has no involvement in or connection to these accusations, which are […]
