CBN, SEC Approve Access, Diamond Merger The Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) have approved the merger of Access Bank Plc and Diamond Bank Plc, the last major regulatory hurdle for the consummation of the business combination. Both banks at...

FMDQ Designates Diamond Bank, GTB MDs, Others As Directors   The Board of Directors of FMDQ OTC Securities Exchange has designated the Managing Directors of Guaranty Trust Bank Plc, Mr Segun Agbaje, Diamond Bank Plc, Mr Uzoma Dozie, and three others, as non-executive directors. The FMDQ said...

Banks have defied the recession as they continued to post huge profits in their third quarter results. Ten out of 15 quoted banks on the Nigerian Stock Exchange have submitted their unaudited results as of September 2016 where five out of them recorded increases in...