By InvestAdvocate Lagos (INVESTADVOCATE)-Fidelity Bank Plc has emerged Nigeria’s Healthiest Bank by The Banker Magazine, a publication of Financial Times of London in its current ranking of the global top 1000 Banks. The Banker Magazine affirmed that in the ranking report that two (2) Nigerian Banks featured in the Capital […]
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UBA increase Profit by 162.8% in Q2 of 2012
By InvestAdvocate Lagos (INVESTADVOCATE)-Africa’s Global Bank, United Bank for Africa Plc (UBA) Tuesday posted a 162 percent (162%) increase in Profit After Tax (PAT) in its Second Quarter (Q2) Report for the Period Ended June 30 2012. This is contained in the Q2 Unaudited Results of the Bank released on […]
Nigeria’s Naira Snaps Three Days of Advances as Crude Declines
By Chris Kay/ Bloomberg The naira weakened, snapping three days of gains against the dollar as crude, Nigeria’s key export, retreated in New York and London. The currency of Africa’s biggest oil producer depreciated 0.1 percent to 160.84 per dollar as of 2:57 p.m. on the interbank market in Lagos, […]
