West Africa Bankers Association (WABA) has set up a fresh committee for the implementation of the proposed West Africa Inter-bank Payment System (WAIPS). The new committee followed rejection of the Ecobank Transnational led committee set up for the implementation of the System early last year.
In spite of all the challenges of 2008, the bank recorded impressive growth in all its performance indices, Lucky Fiakpa writes
The 2008 financial report of Skye Bank Plc is one result the Board of Directors would be proud to present to shareholders at the bank’s forthcoming Annual General Meeting. The bank recorded impressive growth in all its performance indices.
Not satisfied playing the biggest bank in Nigeria, the United Bank for Africa has embarked on a rapid continental growth with several branches now opened in many African countries, Babajide Komolafe writes
United Bank for Africa Plc, (UBA) quest to be the dominant bank in Africa received a major boost with the balance sheet size of N2.3 trillion recorded by the bank for its operating year ended 30th September 2008. This represents the highest balance sheet size in the industry and in fact represents about 20 per cent of industry balance sheet size. It also represents a 39 per cent growth when compared to the N1.64 trillion recorded by the bank in the previous operating period.
Foreign Exchange purchased by banks under the Whole Dutch Auction (WDAS) rose sharply by 26 per cent in 2008 even as the nation’s currency Naira suffered 14.6 per cent depreciation on the average across the three segment of the market.
The Serving Union Bank Officers/Wives Association (SUBOWA) and Mrs. Jane Ebong, its President, were among the recipients of meritorious awards conferred by the Ijamido Children’s Home, Ota, Ogun State to mark the Home’s 50th anniversary celebrations.
Copy This Idea and Start Making N650,000+ monthly beginning from today!
This simple business has made me N650,00+
in one month by learning where to find unique
information and making it available to
particular groups of people.
Easy,Simple, Quick Setup.
Completely legitimate.No scam!
Get report for FREE Here!
FxPro.com - Trade Forex Like a Pro
Flexible leverage up to 1:500
Low spreads from 1.8 pips www.FxPro.com
MyNaijaNews
Naija entertainment, lifestyle, sports, music reviews, fashion, technology, mobile phone reviews, books, classified ads, greeting cards, etc....It's your content. go get it......
Financial Vanguard 
