By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s tier one lender, Guaranty Trust Bank Plc (GTBank) said on Wednesday its pretax profit for the period ended June 30, 2016 rose 44.8 percent to N91.3 billion from N63.1 billion recorded a year ago. Similarly, profit after tax (PAT) of the bank grew 45.1 percent to […]
Updates
Cordros Money Market Fund FAQs
August 17, 2016/Cordros Q What is the Cordros Money Market Fund? The Cordros Money Market Fund (“the Fund) is an open-ended mutual fund that seeks to provide safety, liquidity, diversification and competitive return. The Fund will invest in high quality short term money market securities, unsubordinated short term debt securities […]
FirstBank Denies NPA Funds in Its Accounts
August 17, 2016/FBN Holdings Plc In view of the media story making the rounds on the NPA funds allegedly concealed in the Bank, the Management wishes to clarify that following the Federal Government of Nigeria’s directive on the implementation of the Treasury Single Account (TSA) and the subsequent CBN’s directive […]
