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UBA Posts Impressive FY 2012 Results, Profits Soar by 905%

Press Release Lagos, May 10, 2013 – United Bank for Africa (UBA) Plc today announced its audited financial results for the full year 2012 growing its profit figures by over 905% to close at N54.8billion from the N6.8billion loss it recorded in the previous year on account of loan provisioning […]

IMF advises FG to remove oil subsidy

… Says elimination would ensure fiscal adjustment From ISAAC ANUMIHE, Abuja International Monetary Fund (IMF) has advised the Federal Government to remove the remaining oil subsidy, as that would help fiscal adjustments. Speaking with newsmen in Abuja, IMF’s Senior Resident Representative/Mission Chief, Williams Scott Roger, insisted that the nation required […]

Fidelity, Skye, Wema Bank Loss to End Week

Lagos (INVESTADVOCATE)-Three (3) banks, Fidelity Bank Plc, Skye Bank Plc and Wema Bank Plc has posted losses for the week ended Friday May 10 2013 to end the week. According to the Nigerian Stock Exchange’s (NSE’s) weekly report for the period ended May 10 2013 and obtained by InvestAdvocate, the […]