The National Pension Commission (PenCom) has issued a strong warning to Pension Fund Administrators (PFAs) against investing workers’ retirement savings in the Additional Tier-1 (AT1) capital instruments of Deposit Money …
United Bank for Africa Plc (UBA) has obtained a N5bn loan facility from the Bank of Industry (BOI) to support the growth of micro, small, and medium enterprises (MSMEs) in …
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 …
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 …
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. …
Guaranty Trust Holding Company Plc (GTCO) has announced plans to raise about $100 million through a fully marketed equity offering on the London Stock Exchange (LSE). This move is part …
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 …
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 …
Sterling Financial Holdings Company Plc (SFHC) has posted a remarkable 102% rise in its profit after tax for the 2024 financial year, recording ₦43.68 billion, up from ₦21.58 billion in …
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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