News
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Zenith Bank Declares N58.2bn PAT in Q1 2022 Results
Key Highlights Gross Earnings grew by 21.7% from N157.31bn to N191.52bn Profit before tax stood at N67.99bn Profit after tax…
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Q1 2022: FCMB Group sustains growth, as profit rises by 42% to N6 billion
FCMB Group Plc sustained its profitable growth trajectory by recording an impressive 42% increase in profit before tax at the…
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First Bank wins Best Bank in Nigeria and Best Bank in Digital Transformation Nigeria 2022
Nigeria’s premier banking institution and leading financial services inclusion services provider, First Bank of Nigeria Limited has won two awards: Best…
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Amid Improved Market Turnover Investors Gain N143.41bn as NGXASI Inches up by 0.55%
Equities NGX Trading activities in the Nigerian equities market closed positive at the end of Thursday’s trading session as market…
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Ladi Balogun: Below a father’s wish for FCMB
Where a business is wholly owned by a family or where a family owns a majority stake in a business…
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CBN Urges Banks to Support Real Sector with More Credit
The Nigerian banking sector has been encouraged by the apex bank to continue injecting funds into the real sector of…
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Access Bank led the list of banks with the highest customer loans with N4.16 trillion .
A look at the audited financial statements of the listed commercial banks in the Nigerian stock market shows that their…
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Nigeria’s private sector receives N1.18 trillion new loans from banks in Q1 2022
Bank credit to the Nigerian private sector rose to N36.37 trillion as of March 2022, representing N1.18 trillion net new…
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Low interest rate has hampered banks’ earnings
The current interest rate regime has hampered the expected interest earnings of commercial banks. The Central Bank of Nigeria has…
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Bearish Sentiment Drags Oil Prices Lower
While there are still plenty of supply risks that could send oil prices soaring, bearish sentiment has taken over oil…
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