Sterling Financial Holdings Company Plc has announced a 44.1 per cent rise in gross earnings to ₦341.7 billion for the nine months ending September 2025, compared to ₦237.2 billion recorded …
Nigerian Banking Sector
-
BankingCapital MarketCorporate EarningsEconomyFinanceINVESTMENTNigeria
-
BankingBusinessEconomyFinanceINVESTMENTRegulation
Standard Chartered Meets CBN’s N200bn Capital Requirement Ahead of 2026 Deadline
Standard Chartered Bank Nigeria Limited has announced that it has successfully met the Central Bank of Nigeria’s (CBN) new minimum capital requirement of ₦200 billion for national commercial banks, well …
-
BankingCorporate EarningsEconomyFinanceStock Market
GTCO Records N299.9bn Profit Before Tax in Q3 2025
Guaranty Trust Holding Company Plc (GTCO) has released its unaudited financial results for the third quarter of 2025, showing a strong rebound in profitability across its banking and non-banking businesses. …
-
BankingCorporate ServicesEconomyFinanceNigeriaOil & Gas
Tribunal Dismisses General Hydrocarbons’ $718m Claim Against First Bank
The Sole Arbitrator, Hon. Justice Kumai Bayang Akaahs (Rtd), has delivered a final award in the arbitration between General Hydrocarbons Limited (GHL) and First Bank of Nigeria Limited (FBN), ruling …
-
BankingBusinessEconomyFinanceINVESTMENTNigeria
Abbey Mortgage Bank Records N1.45bn Profit, Grows Earnings by 56% in Nine Months of 2025
Meta Description: Abbey Mortgage Bank Plc has posted a profit after tax of N1.45 billion for the nine months ended September 2025, a 56% increase driven by higher interest income …
-
BankingCapital MarketEconomyFinanceINVESTMENT
Wema Bank Strengthens Capital Base with Fully Subscribed N50 Billion Special Placement
Wema Bank Plc has announced the successful completion of the second tranche of its N50 billion Special Placement, which was fully subscribed by investors. The achievement further strengthens the bank’s …
-
BankingCapital MarketCorporate EarningsEconomyFinanceINVESTMENT
GTCO Reports N600.9bn Half-Year Profit Before Tax Despite Absence of Extraordinary Gains
Guaranty Trust Holding Company Plc, GTCO, has announced a profit before tax of N600.9bn for the half-year ended June 30, 2025, reflecting strong resilience in its operations even though the …
-
BankingBusinessCapital MarketEconomyFinanceNigeria
Report Highlights FCMB’s Recapitalisation Strategy as Model for Nigerian Banks
A new report by geopolitical and economic research firm, SBM Intelligence, has praised the recapitalisation strategy of FCMB Group as one of the most effective approaches among Nigeria’s Tier-2 banks. …
-
BankingBusinessFinanceLifestyle
Stanbic IBTC Bank Launches Season 2 of Private Banking Savings Promo with Luxury Rewards
Stanbic IBTC Bank has announced the return of its special savings reward scheme tagged Save and Enjoy Promo Season 2, designed exclusively for its private banking clients. The bank said …
-
BankingBusinessCapital MarketEconomyFinancial InclusionINVESTMENT
Wema Bank Surpasses Recapitalisation Target with N157bn Rights Issue
Wema Bank Plc has announced that it has successfully exceeded its recapitalisation target after raising N157bn through the first phase of its capital-raising exercise. The funds were secured from a …