Union Bank of Nigeria Plc has promoted about 24 percent of its workforce following the conclusion of its annual staff assessment and performance evaluation exercise. The bank made this known …
Nigerian Banking Sector
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Banking, Finance & InvestmentBusinessEconomyFinance & ServicesNigeria
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Banking, Finance & InvestmentBusinessEconomyFinance & ServicesGOVERNMENTNigeriaZenith Bank
Zenith Bank Named Nigeria’s Best Bank at Euromoney Awards 2025
Zenith Bank Plc has been named Nigeria’s Best Bank for 2025 by the prestigious Euromoney Awards for Excellence. The award was presented to the bank at The Peninsula Hotel in …
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Banking, Finance & InvestmentBusinessBusiness InsightsEconomy
Ecobank Repays Half of $300m Eurobond Early, Shows Strong Financial Resilience
Ecobank Nigeria has proven its financial strength and improved liquidity position by repaying 50% of its $300 million Eurobond nearly seven months ahead of the scheduled maturity in February 2026. …
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Banking, Finance & InvestmentFinance & ServicesINVESTMENTNigeria
Jaiz Bank Doubles Profit to N23.48bn in 2024
Jaiz Bank Plc, Nigeria’s pioneer non-interest bank, has recorded an impressive financial performance for the year ended December 31, 2024, posting a 109 per cent increase in its profit after …
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Nigeria’s biggest bank by market value, Guaranty Trust Holding Company Plc (GTCO), is making bold moves to expand its international reach. The banking group has announced plans to list its …
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Banking, Finance & InvestmentBusinessBusiness InsightsFinance & ServicesMarketsNewsZenith Bank
Zenith Bank to Exit CBN Forbearance Arrangement by June 2025
Zenith Bank Plc has announced plans to fully exit the Central Bank of Nigeria’s (CBN) regulatory forbearance programme by June 30, 2025. This was revealed in a statement sent to …
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Banking, Finance & InvestmentBusinessGOVERNMENTLeadershipMarkets
Femi Otedola Set to Gain Full Control of First Holdco as Otudeko, Odukale Set to Exit.
The prolonged leadership and ownership tussle at First Holdco Plc, the parent company of Nigeria’s oldest financial institution, First Bank of Nigeria, is drawing to a historic close. Multiple sources …
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ASO Savings & Loans Plc has posted a modest profit after tax of ₦89 million for the financial year ended December 31, 2023, a slight improvement from the ₦85 million …
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AfricaBanking, Finance & InvestmentBusinessFinance & ServicesLeadershipNigeria
Ecobank Group Elevates Nigerian Finance Executive Ayo Adepoju to Board as Group Executive Director
The Board of Directors of Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has announced the appointment of Nigerian-born finance expert, Ayo Adepoju, as a Group Executive …
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Banking, Finance & InvestmentBusinessEconomyFinance & ServicesINVESTMENTTechnology
Coronation Merchant Bank Records 303% Profit Surge in 2024, Citing Strategic Repositioning and Value Creation
Coronation Merchant Bank has posted a remarkable 303 per cent rise in Profit After Tax (PAT) for the 2024 financial year, attributing the leap to deliberate strategic repositioning, operational discipline, …