Banking
-
Wema Bank Plc FY 2025 Result: Growing Profitability through Digital Banking and Accelerated Structural Funding Advantages
Wema Bank Plc reported a strong FY 2025, with N194.48bn in profit after tax, up 125.40% Y-o-Y, and N661.39bn in…
Read More » -
From Penny Stock to Powerhouse: How Wema Bank Redefined Growth in Nigeria’s Banking Sector
There is a common, though wrongly-put narrative in some circles that Wema Bank is “small.” It is a perception that has lingered…
Read More » -
Recapitalisation: How CBN’s stricter credit-risk policy will protect N4.65trn raised funds
The Central Bank of Nigeria (CBN) is redesigning banking sector’s credit‑risk framework to protect N4.65 trillion new capital raised by…
Read More » -
GTCO’s FY’25 Stumbles: Profit Plumps Amidst FX Losses and Tax Hikes
GTCO’s FY’25 results reveal a sobering reality, with a 14.9% year-over-year decline in Profit After Tax to N865.7 billion, marking…
Read More » -
IMF, World Bank, WFP say Middle East war to lead to rising food prices, insecurity
By Victoria Frances THE heads of the International Monetary Fund (IMF), the World Bank Group (WBG) and the World Food Programme (WFP) have stated that the Middle East…
Read More » -
Zenith Bank posts N1.26trn profit before tax, proposes higher dividend
ZENITH Bank Plc has recorded a profit before tax (PBT) of N1.26 trillion for the year ended Dec. 31, 2025,…
Read More » -
CBN Completes Recapitalization, Unleashes $1 Trillion Economy
In a landmark move, the Central Bank of Nigeria (CBN) has successfully completed a sweeping bank recapitalization exercise, catapulting the…
Read More » -
GTCO’s Profit Slump: Stark Reminder of A Spluttering Profit Engine
A company’s profit engine is its lifeblood, driving growth, innovation, and sustainability. But when the engine starts to splutter, warning…
Read More » -
Union Bank on Throes of Controversy: Can This Bank Survive?
Leaving a bank where ordinary shareholders have been left high and dry, losing billions of naira over the years in…
Read More » -
Nigerian Banking Recapitalization Update: 33 Banks Meet Capital Requirements
The Nigerian banking sector is nearing the finish line in its recapitalization exercise, with 33 out of 37 banks announcing…
Read More »