June 02, 2014 Daily Trust/Kayode Ogunwale Fifteen banks listed on the Nigerian Stock Exchange (NSE) recorded gross earnings of N2.806 trillion at the end of 2013 financial year ended which December 31, 2013. The banks’ turnovers surged by N301 billion, representing 12.02 per cent from N2.505 trillion in 2012. Gross […]

Punch, June 02, 2014. The Central Bank of Nigeria has ordered all authorised foreign exchange dealers to credit the accounts of beneficiaries of repatriated foreign exchange within 24 hours. The bank said the new directive would take effect from June and failure to comply would attract severe penalties. The CBN […]

May 29, 2014 (INVESTADVOCATE)- Fitch Ratings Statement Fitch Ratings has assigned Diamond Bank Plc’s (Diamond) USD200m senior debt notes a final Long-term rating of ‘B’ with a Recovery Rating of ‘RR4’. The Recovery Rating is in accordance with Fitch’s soft cap for Nigeria. The final rating is in line with […]