By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Global lender, the International Monetary Fund (IMF) and the Government of Belgium on Monday signed a Framework Arrangement on capacity development. “This agreement will lay the basis for an enhanced partnership aimed at strengthening economic institutions and improving economic outcomes of developing countries, in line […]
Tag: InvestAdvocate
CBN Reviews Guide to Bank Charges
By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) last weekend said it’s currently reviewing the extant Guide to Bank Charge, which came into effect on April 1, 2013. The CBN says the review which is in line with the philosophy of periodically ensuring that the provisions of the guide […]
GTBank Says 2015 Pretax Profit up 3.7%, Offers N1.52 Final Dividend
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s dual listed lender, Guaranty Trust Bank Plc (GTBank) said on Monday its pretax profit for the period ended December 31, 2015 climbed up 3.7 percent to N120.69 billion from N116.38 billion recorded a year ago. Similarly, profit after tax (PAT) increased 5.3 percent to N99.43 billion […]
