Savings Agents recruited by Afribank Nigeria Plc (Afribank) under the auspices of A-Save Forum has threatened class action against the Bank over unpaid allowances. The Agents who were recruited by the bank in year 2008 made this affirmation to investadvocate recently in Lagos Nigeria. This was contained in a letter […]
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Spring Bank attributes return to profitability to strategic initiatives
Jun 23, 2010 By  Spring Bank Plc has attributed the recent improvement in its first quarter financial performance to the introduction of a number strategic initiatives embarked upon by the company since the intervention by the Central Bank of Nigeria (CBN) in the bank.   The bank […]
Oceanic’s recovery plan yields results, posts N1.1bn Q1 PAT
Jun 23, 2010 By Michael Eboh & Providence Obuh                                                     The recovery plan put in place by the management of Oceanic Bank International Plc has started yielding positive fruits, as the bank bounced bank to profitability, announcing a profit after tax of N1.12 billion in its first quarter financial […]
