Banking
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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,…
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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…
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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…
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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…
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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…
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Nigeria’s Banking Sector Takes a Strong Step Forward: 7 Banks Meet Recapitalization Deadline For International License
Seven prominent Nigerian banks have successfully met the regulatory requirements and are compliant with the Central Bank of Nigeria’s (CBN)…
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Uncertainty Lingers for Union Bank, Polaris Bank, and Keystone Bank as Recapitalization Hurdles Persist
As Nigeria’s banking sector inches closer to completing its historic recapitalization exercise, three national banks – Union Bank, Polaris Bank,…
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Nigeria’s Banking Recapitalization: 30 Banks Clear Recapitalization Hurdle, 5 Still in Limbo
Nigeria’s banking sector has largely completed one of the most structurally significant capital exercises in its history. With 30 of…
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Nigeria’s Banking Giants Shine in Recapitalization Drive
Zenith Bank Plc. Zenith Bank raised N350.4 billion in aggregate through a rights issue of N162.08 billion (subscribed at 160.47%)…
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Has Ladi Balogun Given Up?
FCMB’s lethargic trajectory sparks concerns about Ladi Balogun’s leadership direction Ladi Balogun, the son of FCMB’s founder, Subomi Balogun, finds…
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