Moody’s Investors Service (“Moody’s”) has affirmed the African Development Bank‘s Aaa long-term issuer and senior unsecured ratings. The outlook remains stable. In a rating action note dated...
Wema Bank Plc, Nigeria’s innovative and value-driven bank, grew profit after tax by 135.8 percent to N6.235 billion in the nine months ended September 30, 2021,...
Figures from Stanbic IBTC Holdings Plc financial statements showed a 40 percent drop in profit for the nine months ended September 2021. The results which were...
Unity Bank Plc, one of Nigeria’s lenders, on Friday reported an impressive financial statement for the nine months ended September 30, 2021. The lender grew profit...
United Africa Company of Nigeria reported a 44 percent decline in profit before tax to N1.4 billion for the nine months ended September 30, 2021. Revenue...
African Export-Import Bank, AfreximBank, a pan-African multilateral trade finance institution has embarked on a $6.5 Billion General Capital Increase (GCI) to increase its capacity to deliver...
The financial industry needs to step up “and now” with “unprecedented levels of cooperation” to tackle the climate change crisis, affirms the CEO and founder of...
Union Bank Plc, one of Nigeria’s longest-standing and most respected financial institutions, grew earnings by 3 percent to N121.8 billion in the first nine months of...
Airtel Africa grew revenue by 25.2 percent in the first half (H1, 2022) that ended September 30, 2021 to $2,272 million with double-digit growth across all...
Chemical and Allied Products Plc (CAP Plc) announced its Financial Results for the third quarter ended September 2021. Revenue increased by 51 percent increase from N5...