News
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STANBIC IBTC : Is Recovery in sight?
Within analysts coverage, STANBIC stands peculiarly on its mix of strong foreign parent ownership, wholesale service focus, and highly integrated…
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GTCO : Operational resilience critical to earnings outlook
In FY’22, GTCO’s stock price sank 11.5%, trailing the average 8.8% gain for analysts’ coverage banks. The counter appears to…
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FIDELITY BANK PLC: Admirable franchise momentum
FIDELITYBK’s market share has greatly benefited from aggressive multiyear balance sheet growth initiatives. For context, the Bank’s share of total…
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FCMB GROUP PLC Digital renaissance for ecosystem optimisation
FCMB’s current strategy centres on a bold digital transformation initiative incorporating the different business verticals into an integrated full-service ecosystem.…
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NACCIMA fears worsening inflation
The Director-General of the Nigerian Association of Chambers of Commerce, Industry, Mining and Agriculture, Sola Obadimu, has said that Nigeria’s…
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FBN HOLDINGS PLC
Broad improvements likely to persist in FY’23Analysts are encouraged by FBNH’s notable milestones in 2022: 1) achieved an NPL ratio of 4.7% in 9M’22, below the…
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Nigerian Banking Sector 2023 Outlook – Foraging for Value
Given the heightened volatility across financial markets, driven by geopolitical developments and monetary policy responses to inflation and currency pressures,…
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New naira will curb corruption, inflation, CBN insists
The Central Bank of Nigeria has expressed assurance that the new naira notes will circulate to every nook and cranny…
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FEC approves N2bn for local aircraft assembly in Zaria
The federal executive council (FEC) has approved the sum of N2.29 billion for the assembling of Hungarian Magnus light…
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Access Bank Discontinues the Acquisition of Kenya’s Sidian Bank
Access bank in a bid to explore ways to expand its footprint in Kenya sought to acquire the entire 83.4%…
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