GT Bank Plc has released results for its first-quarter, recording profit after tax of N45.6 billion, dropping from N50.1 billion in the same period a year ago. It also reported profit before tax of N5...
A bank in the general sense is simply a financial institution which receives customer deposits. Due to the fact that banks have control over the money of the general population, they are usually highl...
The Central bank is moving things around for Nigerian citizens and business owners by tightening the spending ability. There are restrictions on international spending and now Sterling bank has rolled...
First republic bank share has sold off by a lot in the past days since the bank run news broke out. Just like SVB, the Silicon Valley bank that is facing bankruptcy due to a bank run, FRC is also stru...
Jaiz bank has offered to pay dividends for the period ending December 3, 2022. This is the 4th month of the year in 2023 and the Nigeria bank is just now paying it’s dividend. Jaiz bank will pay a d...
Despite the economic struggles, six banks in the Nigerian financial sector are reported to have gained profits by 214% to N2.06tn in the period that ended September 2023 when compared to the correspon...
Stocks yesterday at the Nigerian Stock Exchange (NGX) finished negative as investor's profit-taking in major financial stocks pushed market capitalization down by N192 billion.Major stocks saw a decre...
Since the suspension of the previous CBN Governor, Godwin Emefiele, he has been probed over some illegalities concerning money laundering. Still, the recent investigation report shows that Emefi...
It has been reported that FX inflows at the Nigerian Autonomous Foreign Exchange Market (NAFEM) increased by 66.7% last week to settle at $2.2 billion after local commercial banks followed the directi...
Tinubu's visit to Mecca, Saudi Arabia, on Monday has been on a positive scale as negotiations continue, as he is clamouring for a multi-billion-dollar infrastructure finance facility to be financially...