Despite the challenging environment following the Central Bank of Nigeria’s intervention in January 2024, Union Bank of Nigeria has reported a profit before tax of N79.8...
Standard Bank, one of Africa’s leading financial institutions, is making strategic moves to deepen its investments in Nigeria and Angola, according to CEO Sim Tshabalala. The...
Guaranty Trust Bank Plc (GTBank) has confirmed an isolated hacking attempt aimed at compromising its website domain but reassured customers that no data was compromised. The...
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has lauded the adoption of the International Financial Reporting Standards (IFRS) as a pivotal...
Access Holdings Plc has announced the extension of its ongoing Rights Issue acceptance period, originally set to close on August 14, 2024. The new deadline is...
Union Bank of Nigeria PLC (UBN) has seen a sharp decline in its credit ratings, according to a recent downgrade by Fitch Ratings. The international credit...
The Nigeria Deposit Insurance Corporation (NDIC) has announced that it has successfully paid 82.36% of insured depositors with funds exceeding N5 million in the now-defunct Heritage...
The Lagos High Court has ordered Union Bank Plc to pay N112,050,000 in damages for the wrongful sale of a prime property located at No. 6,...
The Nigerian Exchange Limited (NGX) appreciated last week as market capitalization closed at N55.978 trillion. This growth, amounting to a gain of N481 billion, was primarily...
Ecobank Transnational Incorporated has reported profit after tax of N311 billion for the first half of 2024, representing a 96% increase from the N105 billion recorded...
