SMEs

Yemisi Izuora  Unity Bank has once again reiterated its position that it had not received $1 billion investment from Milost Global Inc. The clarification, according to the bank, was in…

Hyacinth Chinweuba  Innoson Vehicle Manufacturing (IVM) is planing employment for 3000 Nigerians as it begins expansion of its factory in Nnewi, the second largest city in Anambra state. Innoson in…

Yemisi Izuora    The United Bank for Africa (UBA) Plc has at the launch of the second edition of its Campus Ambassador Programme inducted 30 new brand ambassadors. The UBA…

Yemisi Izuora  Access Bank Plc reported N10.27 billion or 11.36 per cent decline in profit before tax (PBT)  in its audited reports for the period ended December 31, 2017. The…

Yemisi Izuora  United Bank for Africa (UBA) Plc has announced the appointment of Mrs. Abiola Bawuah as the new Regional Chief Executive Officer (RCEO) in charge of six African countries.…

Yemisi Izuora  The United Bank for Africa (UBA) Plc and the Agence Française de Development (AFD), France’s public and solidarity-based development bank have entered into an agreement to utilise the…

Yemisi Izuora/Agency Report  The Guaranty Trust Bank and a subsidiary of Royal Dutch Shell have granted a $270 million loan to independent Nigerian oil and gas producer Amni International. The…

Event: Stanbic IBTC Holdings (Stanbic) reports Q4 2017 results Implications: Limited reaction from the market likely Positives:  Strong growth in non-interest income, +63% y/y Negatives: Proposed final dividend of 50kobo below expectations;…

   Guaranty Trust Bank plc has released its audited financial results for the year ended December 31, 2017 to the Nigerian and London Stock Exchanges.   The statement from the…