Banking
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WEMA’S N7.4 TRILLION GAMBLE: BIG PROFITS, FRAGILE FUNDING
Wema Bank did not just have a good nine months to September 2026, it had a transformation that forces a…
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FCMB AT N11.05: CHEAP AT 3.1X BUT THE MARKET STILL DOESN’T BELIEVE IT
FCMB Group at N11.05 is presenting a contradiction that explains why investors are both excited and hesitant, and understanding this…
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ACCESS HOLDINGS: THE N52 TRILLION GIANT THAT DESTROYED SHAREHOLDER VALUE
HOW N474 BILLION PROFIT AFTER TAX BECAME ZERO NAIRA DIVIDEND It is the ugliest irony in Nigerian banking today. A…
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ACCESS HOLDINGS: THE TRILLION-NAIRA PROFIT THAT LEFT SHAREHOLDERS WITH EMPTY HANDS
For shareholders of Access Holdings, the last eighteen months have been a lesson in the difference between profit on paper…
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ACCESS HOLDINGS QUESTIONABLE H1 PAT N266.7BN +23.5%
HIDES N211BN NEW BAD LOANS AND 68% COST TRAP Access Holdings reported profit after tax of N266.71 billion for half…
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JAIZ BANK’S N23.2 BILLION PROFIT IS A SHRINKING BANK IN DISGUISE
Jaiz Bank posted N23.28 billion profit for nine months to September 2026, up 1.79 percent from N22.87 billion a year…
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ZENITH BANK’S N928 BILLION PROFIT DEFIES N506 BILLION TRADING LOSS: THE MAKING OF A FORTRESS BANK
On paper, Zenith Bank’s 9-month 2026 result looks like a slowdown. Gross earnings down 15% to N2.86 trillion from N3.37…
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STERLING HOLDINGS’IN N40 BILLION BAD LOAN SHOCK
Sterling Financial Holdings made N75.3 billion after tax in nine months, 21% more than last year, grew deposits by N857…
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STERLING HOLDINGS’ : CAPITAL IS NOT ENOUGH WHEN THE REAL BATTLE IS RISK
Sterling Financial Holdings made N75.3 billion profit after tax on N454.9 billion gross earnings and now controls N5.09 trillion in…
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ECOBANK TRANSNATIONAL: THE LIQUIDITY FORTRESS THAT IS PROFITABLE BUT SHRINKING
Ecobank’s nine months to September 2026 results present a paradox that goes to the heart of its current strategic dilemma.…
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