Commercial banks’ assets, liabilities hit N37.14tn

Posted by - February 13, 2019

The total assets and liabilities of commercial banks stood at N37.14tn at the end of November 2018, representing 0.4 per cent decrease below the level at end-September 2018. According to figures obtained from the Central Bank of Nigeria, the funds were sourced, largely, from foreign liabilities; draw down on reserves and acquisition of credit from

Energy Commercial Bank launches IPO today

Posted by - October 3, 2018

Energy Commercial Bank will today, Tuesday, 2 October 2018 launch its Initial Public Offer to raise GHS340 million in shares from the Ghanaian investing public. The offer period, which is expected to last for 30 days, will be graced by several investors who have shown interest in acquiring shares in the bank. The bank is

Databank not going into Commercial Banking-CEO

Posted by - August 29, 2018

Databank Financial Services Limited has said its is not a commercial bank and is therefore not part of the ongoing sanitization exercise taking place within the banking industry. In a statement signed by Group CEO Kojo Addae-Mensah, the investment bank said its partnership with the universal banks should not be misinterpreted by the public “as

Airbus Forecasts $4.6tn Global Market for Commercial Aircraft

Posted by - July 20, 2018

Airbus’ new Global Services Forecast has predicted $4.6 trillion worldwide market for commercial aircraft services from 2018 to 2037. Major aircraft manufacturing company said the new analysis was based on a three-way market segmentation, respectively focusing on the aircraft, the airline operation, and the passenger experience. According to Airbus, aircraft-focused lifecycle services represent the largest