Skye Bank Plc’s balance sheet has risen to N1.5tn, from N1.2tn, following the recent acquisition of Mainstreet Bank Limited. Similarly, the lender’s branch network is now 450 compared to 260 branches before the business combination with Mainstreet Bank. A statement by the lender quoted its Group Managing Director, Mr. Timothy […]
Money Market
Access, First Bank, GTBank, Zenith among World’s Top 500
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Access Bank Plc, First Bank of Nigeria Ltd, Guaranty Trust Bank Plc and Zenith Bank Plc are among the world’s top 500 banks, according to a report by The Banker magazine of Financial Times and Brand Finance, London in its annual 2015 ‘The Top 500’ […]
CBN Say Financial Exclusion Rate Decline 39.5%, Inaugurates Steering Committee
By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) last Thursday said the rate of financial exclusion rate in Nigeria has declined 39.5 percent representing 36.9 million people as it inaugurated the National Financial Inclusion Steering Committee. This was disclosed by Sarah Alade, deputy governor, Economic Policy who represented Godwin […]
