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 …
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 …
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. …
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 …
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 …
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 …
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 …
Nigeria recorded a strong rise in foreign capital inflows in the first quarter of 2025, attracting a total of $5.64 billion. The latest capital importation report released by the National …
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