Access Holdings Plc has posted a profit after tax of ₦182.8 billion for the first quarter of 2025, reflecting a 14.7 percent increase compared to the ₦159.3 billion reported in …
Nigerian Banking Sector
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Banking, Finance & InvestmentBusinessBusiness InsightsEconomyMarketsNigeria
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Banking, Finance & InvestmentBusiness and EconomyBusiness InsightsBusiness PoliciesEconomyMarketsNigeria
First HoldCo Plc Sees N37bn Drop in Profit for Q1 2025 as Fair Value Loss Hits Earnings
First HoldCo Plc has recorded a drop in its profit for the first quarter of 2025, with total profit falling to N171.1 billion from N208.1 billion posted in the same …
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Banking, Finance & InvestmentBusinessEconomyNigeria
Rand Merchant Bank Nigeria receives West Africa 2024 award
Rand Merchant Bank Nigeria Limited (RMB Nigeria), a top player in Nigeria’s financial sector, has once again shown why it is considered a powerhouse in corporate and investment banking across …
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Banking, Finance & InvestmentBusinessEconomyTechnology
FCMB Group’s digital revenues up N101.9bn in 2024
FCMB Group Plc has continued to show strong growth in its digital business as it recorded a 69.2 per cent increase in digital revenue in the 2024 financial year. This …
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AfricaBanking, Finance & InvestmentBusinessFinance & ServicesMarketsNigeriaWestern Africa
First HoldCo Rights Issue Records 25% Oversubscription, Signals Investor Confidence
In a major show of investor confidence, First Bank Holdings Plc (First HoldCo) has announced a 25% oversubscription in its recently concluded rights issue, underscoring strong market appetite for its …
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Banking, Finance & InvestmentFinance & ServicesGOVERNMENTINVESTMENTMarketsNigeria
CBN Approves Greenwich Trust Limited’s Transition to Holding Company Structure
The Central Bank of Nigeria (CBN) has officially approved Greenwich Trust Limited’s transformation into a holding company structure, now operating under the name Greenwich Holdings Limited. This approval marks a …