August 29, 2017/Cordros Research In its recently released H1-17 results, UBA recorded a significant growth in gross earnings (+34.51% y/y), driven by impressive growth across income lines – interest income (+44.25%) and non-interest revenue (+16.01%). Over H2, we believe the improved yields on interest earning assets (expanded 205 bps to […]
Money Market
CBN injects $250m into forex market
August 29, 2017/Punch The Central Bank of Nigeria has again intervened in the inter-bank foreign exchange market to the tune of $250m. According to the News Agency Nigeria report, the Acting Director, Corporate Communications Department, CBN, Mr. Isaac Okorafor, said the apex bank also sold $100m and uplifted the Small […]
FirstBank Drives Capacity Development, Unveils Career Growth Models for Staff
August 28, 2017/First Bank of Nigeria Ltd The Management of First Bank of Nigeria Limited has unveiled new career employment models to accelerate career growth and development for staff members. As part of the FirstBank’s efforts to continuously integrate leadership into the Bank’s culture and build a pool of talents […]
