The Nigerian Exchange Group Plc posted a 58% surge in its profit after tax, reaching N2.11bn in the first quarter ended March 31, 2025, compared to...
Shareholders of Guaranty Trust Holding Company (GTCO) Plc have approved a total dividend payout of N8.03 per share for the financial year ending December 31, 2024....
Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has identified inflation as the greatest threat to Nigerians’ economic welfare, pledging that the CBN will work toward...
Shareholders of Nigeria’s leading banks are increasingly expressing concern as their contributions to the Asset Management Corporation of Nigeria (AMCON) have surged to N393.03 billion by...
The Nigeria Deposit Insurance Corporation (NDIC) has begun the payment of N46.6 billion as the initial tranche of liquidation dividends to depositors of the defunct Heritage...
Nigerian banks had a remarkable year in 2024, benefiting from a high-interest rate environment that significantly boosted their earnings from loans to customers. An analysis of...
Nigeria’s top banks saw a windfall in 2024, earning a total of ₦14.26 trillion from interest on loans—nearly double the figure recorded the year before. This...