nigerian banks

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    Business Nigeria's Banking Sector Bleeds

    The banking industry is seriously reacting to economic squeeze by downsizing their staff roll in order to survive. Skye Bank sacked about 175 workers, Diamond bank sacked 200, saying the sacking of the 200 workers was in line with its strategic plan to drive shareholders’ value. while Access...
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    UBA ATM Jolly Contest: Win A Trip To Dubai and Other Exciting Prizes

    United Bank for Africa is currently out with a promo tagged UBA ATM Jolly Contest where you can win a trip to Dubai plus other exciting freebies. HOW TO WIN Simply use your UBA Card on any UBA ATM and you stand a chance to be one of the lucky winners of the start prize. Consolation prizes up...
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    Business Diamond Bank Records 88% Fall in Profit

    Daimond Bank Plc on Wednesday reported a fall of 88 per cent in profit after tax for the year ended December 31.2015. Although the bank recorded a growth of 4.3 per cent in gross earning, its profit before and after tax fell significantly. Diamond Bank ended the year with gross earnings of...
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    Business Economic Crisis: 5 Nigerian Banks Currently Experiencing Decline in Profit

    The 2015 financial results of the five banks released in March this year showed that the profit before tax tumbled by 69 per cent to N77.65bn from N131.19bn in 2014. The Declined was a result of bad loans, naira volatility and other economic headwinds with N53.54bn fall in profit which many of...
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    Business #NoBankingDay: Nigerians Set To Boycott Banks Tomorrow

    Nigerians have set aside March 1st to boycott banking activities to protest exorbitant deductions by banks. A not-for-profit group, Consumer Advocacy Foundation of Nigeria is championing the protest. According to a petition posted on their website, the #NoBankingDay is aimed at pressuring...
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