United Bank for Africa Plc (UBA) has been named the strongest Nigerian brand in the 2024 Brand Finance ranking, moving up from 9th place last year to the top spot. …
Nigerian Banks
- AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessFinance & ServicesGlobal NewsInnovationNewsNigeria
- Banking, Finance & InvestmentBusinessEconomyFinance & ServicesNigeria
AMCON Moves to Recover Over ₦4tn in Debts with New Strategy and Stronger Partnerships
The Asset Management Corporation of Nigeria (AMCON) has introduced a fresh strategy aimed at recovering more than ₦4 trillion in outstanding debts owed by various obligors across Nigeria. This new …
- Banking, Finance & InvestmentBusinessEconomyFinance & ServicesGOVERNMENTNewsNigeria
CIBN Says Nigerian Banks Are Safe and Stable, Urges Public to Ignore Rumours
The Chartered Institute of Bankers of Nigeria (CIBN) has assured Nigerians that the country’s banking sector is strong, stable, and not in danger. This reassurance came after some media reports …
- Banking, Finance & InvestmentEconomyMarketsNigeriaPolicies
CBN Denies Report of Distress in Nigerian Bank, Says Banking System Is Safe
The Central Bank of Nigeria (CBN) has denied social media and online reports suggesting that one of the banks under its regulation is facing distress. In a statement released on …
- AgricultureBanking, Finance & InvestmentBusinessEconomyFinance & ServicesNigeria
AFEX, GTBank End N17.8 Billion Debt Battle in Court
AFEX Commodities Exchange Limited and Guaranty Trust Bank (GTBank) have finally settled their long-running legal battle over a debt of N17.8 billion. The two parties reached an agreement after months …
- Banking, Finance & InvestmentBusinessGOVERNMENTNewsNigeriaPress ReleasesTechnology
Wema Bank Celebrates 80 Years of Banking Excellence, Innovation and Inclusion
Wema Bank Plc has celebrated its 80th anniversary with a strong message of commitment to innovation, inclusive banking, and customer satisfaction. The Managing Director and Chief Executive Officer of the …
- Banking, Finance & InvestmentBusinessBusiness InsightsBusiness PoliciesEconomyINVESTMENTMarketsNigeriaPolicies
Wema Bank Grows Profit by 270%, Posts N35.8bn in Q1 2025 Amid Strong Interest Income and Cost Control
Wema Bank Plc has reported a strong profit performance in the first quarter of 2025, with profit after tax jumping by 270 per cent to N35.8 billion. This figure is …
- Banking, Finance & InvestmentBusinessBusiness InsightsEconomyMarketsNigeria
Access Holdings Records N182.8bn Profit in Q1 2025 Despite Fair Value Losses
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 …
- Banking, Finance & InvestmentEconomyINVESTMENTMarketsNigeriaWestern Africa
GTCO Posts N300.4bn Profit Before Tax in Q1 2025, Shows Strong Earnings Amid Challenging Environment
Guaranty Trust Holding Company Plc (GTCO) has reported a profit before tax of N300.4 billion for the first quarter of 2025, reinforcing its reputation as one of Nigeria’s most resilient …
- 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 …