Monthly Archives: March 2017
FBN Capital Limited, a subsidiary of FBN Holdings Plc has started off 2017 on a winning note with awards and recognition from reputable financial awards institutions.
The firm was recognised as the ‘Best Asset Manager in Nigeria’ in the prestigious Euromoney Private Banking and Wealth Management Survey; and also won awards for ‘Best Structured Finance House in Africa’ at the EMEAFinance Achievement Awards; and ‘Best Investment Bank in Nigeria’ at the Global Finance Awards for several successfully delivered transactions in 2016.
Nigeria’s Most Valuable Bank Brand, First Bank of Nigeria Limited, is joining the rest of the world in celebrating the 2017 Global Money Week to engage children and youths on the rudiments of financial literacy. The Bank has embedded in its Corporate Sustainability and Responsibility initiatives the FutureFirst programme to empower secondary school students between 13 to 17 years with the knowledge of financial literacy and entrepreneurship. The 2017 Global Money Week themed ‘Learn. Earn. Save’ is scheduled to take place from the March 27– April 2, 2017.
In an effort to reinforce its leadership of the fruit juice market for children, Capri-Sonne, the fruit juice mothers all over the world trust, has launched a national consumer promotion tagged ‘Fun Alarm Promo.’ The promo which is targeted at mothers who want the best for their children will give them the opportunity to win free gifts inside every carton of all variants of their favourite Capri-Sonne that they buy while the promo lasts
Amid Nigeria’s current economic headwinds, a message of relief is coming from Stanbic IBTC Bank and experts on how individuals and businesses can weather the storm and remain on the path of profitability and growth.
This glimpse came at a knowledge sharing economic update session organized by Stanbic IBTC Bank with the theme “committed to solutions that drive your progress” to review the latest trends in the economy and to assist individuals and organizations attain their business objectives. Over 70 participants attended the event, which took place in Lagos on Tuesday, March 14, 2017.
Guaranty Trust Bank plc has released its audited financial results for the year ended December 31, 2016 to the Nigerian and London Stock Exchanges.A review of the results shows positive performance across all financial indices, reaffirming the Bank’s position as one of the most profitable and well managed financial institutions in Nigeria. Gross earnings for the period grew by 37% to ₦414.62billion from ₦301.85billion reported in the December 2015; driven primarily by growth in interest income as well as foreign exchange income. Profit before tax stood at ₦165.14billion, representing a growth of 37% over ₦120.69billion recorded in the corresponding period of December 2015.