Shareholders of Zenith Bank Plc have approved a final dividend payout of N4.00 per share, bringing the total dividend for the 2024 financial year to N5.00 per share. This amounts …
Banking, Finance & Investment
- Banking, Finance & InvestmentEconomyINVESTMENTNigeriaSpotlightZenith Bank
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GTBank hikes SMS alert fee to ₦6
Guaranty Trust Bank (GTBank) has informed its customers that there will be an increase in the fee for SMS transaction alerts, effective from Thursday, May 1, 2025. The new charge …
- AFRICA NEWSDevelopmentEconomyFinance & ServicesInfrastructureINVESTMENTLeadershipPolitics
Race Tightens for AfDB President as Five Candidates Share Plans for Africa’s Future
The race to lead the African Development Bank (AfDB) is getting hotter as the date for the election draws near. The current president of the bank, Nigeria’s Dr. Akinwumi Adesina, …
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Trump’s Tariff War Shakes African Economies, Sparks Fresh Push for Trade Alternatives
The recent trade decision by United States President Donald Trump is now causing serious economic pressure across Africa. President Trump, under his “Liberation Day” trade policy, has introduced fresh tariffs …
- Business InsightsDevelopmentEconomyINVESTMENTPoliciesSouth Africa
South Africa Maintains ‘BB-‘ Credit Rating with Stable Outlook Despite Economic Challenges
South Africa’s credit rating has been kept at ‘BB-‘ with a stable outlook by two of the world’s major credit rating agencies — Fitch Ratings and S&P Global Ratings. This …
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Equatorial Guinea, Congo, and Burkina Faso Make Economic Moves to Attract Global Attention
Equatorial Guinea has caught the interest of international investors after securing an investment-grade credit rating of BBB/A2 from Bloomfield Investment Corporation, a notable achievement for the small oil-rich Central African …
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AVCA Urges More Capital Investment in Nigeria’s Economy Amid Economic Recovery
The African Private Capital Association (AVCA) has called on investors to increase capital deployment in Nigeria to accelerate the country’s economic recovery and unlock growth in key sectors. This appeal …
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Nigerian Stock Market Gains N228bn as International Breweries, Cadbury Lead Rally
The Nigerian stock market opened the week strong on Monday, April 29, 2025, with investors witnessing a continued bullish trend. The market capitalisation rose by N228.48 billion as investors took …
- AFRICA NEWSBusinessBusiness InsightsEconomyINVESTMENTMarketsNigeria
Transcorp Hotels Grows Revenue by 52% in Q1 2025, Hits N21bn
Transcorp Hotels Plc, a subsidiary of Transnational Corporation Plc, has announced a major leap in revenue for the first quarter of 2025. The company recorded N21 billion in revenue, marking …
Stanbic IBTC Holdings Plc has posted a profit after tax of N82.06 billion for the first quarter of 2025, marking an 80% growth from N45.64 billion recorded in the same …