Culled—Proshare April 25, 2017/ FBNQuest Research In 2016 Nigeria was the sixth largest beneficiary of migrant remittances among developing countries. The total according to the World Bank declined by 2.4% to US$429bn, and Nigeria’s inflows by 7.3% to US$19bn. These inflows represented an estimated 4.6% of GDP, making Nigeria much […]
Updates
CBN Unveils List of BDCs at at April 24, 2017
By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) has said that 3239 Bureaux De Changes are in compliance with its new requirments as at April 24, 2017. Click here to view the updated list
Diamond Bank Q4 2016 Results – Loss After Tax Largely Driven by a Negative Result on the OCI Line
Culled—Proshare April 25, 2017/FBNQuest Research Event: Diamond Bank reports Q4 2016 results Implications: Neutral reaction expected by the market Positives: Funding income up 19.1% y/y to N28.8bn Negatives: Loss after tax of c. N1bn largely driven by a negative result on the other comprehensive income line Late yesterday, Diamond Bank […]
