Leading financial institution, Fidelity Bank Plc, has released its 2023 full year Audited Financial Statements, reporting a 131.5% growth in Profit Before Tax to N 124,26...
The International Monetary Fund (IMF) has disclosed that financial institutions worldwide have lost to$12 billion due to cyberattacks over the past 20 years. This revelation comes...
Zenith Bank Plc has emerged as a frontrunner among Nigerian banks as restricted deposits grew to N17.1 trillion. This increase was propelled by Central Bank of...
Zenith Bank Plc has announced its audited results for the year ended December 31, 2023, achieving a remarkable triple-digit growth of 125% in gross earnings from...
United Bank for Africa Plc (UBA) has reported a 256.89% increase in profit after tax to N607.69 billion in the full year ended December 31, 2023...
FBN Holdings, one of Nigeria’s leading financial holding companies, has announced its intention to seek shareholders’ approval for a N300 billion capital raise. The decision comes...
Wema Bank Plc’s profit before tax (PBT) for the 2023 fiscal year increased by 196% to N43.59 billion compared to N14.75 billion recorded in the previous...
Nigeria has successfully secured a significant oil-backed loan worth $1.05 billion from the African Import Export Bank. The syndicated loan, set to be disbursed next month,...
The Nigerian Exchange Group (NGX Group) has announced plans to bolster its capital base through a rights issue aimed at raising approximately N10 billion. The move,...
Oil prices retreated from a five-month high as Israel announced a partial withdrawal of troops from Gaza. The decision, coupled with looming market reports, has injected...