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Diamond Bank Q2 2012 Profit up by 408.1%

By InvestAdvocate Lagos (INVESTADVOCATE)-Diamond Bank Plc Wednesday posted a 408.1 percent (408.1%) Profit After Tax (PAT) in Second Quarter (Q2) Report for the Period Ended June 30 2012. This is contained in the Unaudited Results Q2 2012 of the Bank released to the Nigerian Stock Exchange (NSE) and made available […]

Barclays’ Diamond accused of misleading inquiry

By Alessandra Prentice and Matt Scuffham British lawmakers on Tuesday accused Barclays former chief executive Bob Diamond of misleading a parliamentary inquiry into an interest rate-fixing scandal that has forced him to resign and give up bonuses worth up to 20 million pounds ($30 million). Diamond hit back, calling the […]

Nigerian naira eases on strong dollar demand

The Nigerian naira eased to its lowest in a week against the U.S dollar on the interbank market on renewed demand for the greenback and despite large forex sales by a unit of Royal Dutch Shell. The local currency fell to 161.30 to the dollar on the interbank, erasing recent […]