Nigerian banks posted a strong growth in interest income, hitting ₦15.4 trillion in the past year, as tighter monetary policies by the Central Bank of Nigeria (CBN) boosted earnings. This …
interest income
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BankingBusinessCorporate NewsEconomyFinanceINVESTMENT
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Banking, Finance & InvestmentEastern AfricaEconomyFinance & ServicesINVESTMENTKenyaNews
Standard Chartered Kenya Posts KSh20 Billion Profit Despite Drop in Assets
Standard Chartered Bank Kenya has reported a net profit of KSh20 billion for the 2024 financial year, showing a 45 percent increase compared to the KSh13.8 billion it made in …
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Banking, Finance & InvestmentBusinessBusiness InsightsBusiness PoliciesEconomyINVESTMENTMarketsNigeriaPolicies
Wema Bank Grows Profit by 270%, Posts N35.8bn in Q1 2025 Amid Strong Interest Income and Cost Control
Wema Bank Plc has reported a strong profit performance in the first quarter of 2025, with profit after tax jumping by 270 per cent to N35.8 billion. This figure is …
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Banking, Finance & InvestmentEconomyINVESTMENTNigeriaSpotlightZenith Bank
Zenith Bank Shareholders Approve N195.67bn Final Dividend Amid Strong 2024 Performance
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 …
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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 …
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First City Monument Bank (FCMB) has reported a Profit Before Tax (PBT) of N111.9 billion for the financial year ending December 31, 2024. This was disclosed in a corporate statement …