Pan-African credit rating agency, Agusto & Co., has reaffirmed the ‘A3’ rating of Abbey Mortgage Bank with a stable outlook, citing the bank’s low leverage, consistent financial fundamentals, and improved …
The Group Chief Executive Officer of FCMB Group Plc, Mr. Ladi Balogun, has said that the company’s ongoing N160 billion public offer will help strengthen its capital base and support …
In Nigeria today, mobile banking apps have become more than tools for sending and receiving money. They are now digital partners helping people save automatically, invest wisely, track expenses, access …
British independent energy company, Savannah Energy Plc, has announced a total revenue of US$185.2 million for the nine months ending September 30, 2025 — representing a 9 per cent increase …
The Central Bank of Nigeria’s directive on the recapitalisation of banks has continued to shape discussions in the financial sector. Since the announcement, attention has been focused on which banks …
Stanbic IBTC Holdings Plc has reported a profit after tax of N173.4 billion for the half year ended June 30, 2025, showing a 49 per cent rise compared with the …
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 …
The Nigerian Exchange Group Plc (NGX Group) recorded revenue of N24 billion in the 2024 financial year, boosted mainly by the recapitalisation of Nigerian banks and a series of high-profile …
Guaranty Trust Holding Company Plc (GTCO) has made a huge capital injection of ₦365.85 billion into its main subsidiary, Guaranty Trust Bank Limited (GTBank), in order to meet the Central …
The United Bank for Africa Plc has launched the fifth season of its Supersavers Promo, which will reward customers with N150 million in prizes while encouraging more Nigerians to embrace …