Guaranty Trust Holding Company Plc (GTCO or the Group) has released its Unaudited Consolidated and Separate Financial Statements for the period ended March 31, 2024, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE).
The Group reported profit before tax of ₦509.3billion,...
The Nigeria Inter-Bank Settlement System has said that financial institutions lost about N17.67bn to fraud in 2023.
This was disclosed in its Annual Fraud Landscape (January to December 2023) which was published on its website on Monday.
NIBSS incorporated in 1993...
9 Payment Service Bank (9PSB), Nigeria’s digital payment service bank, focused on financial inclusion has reiterated its support to Nigerian women entrepreneurs and Small and Medium Scale Enterprises through its agent banking business opportunities that will scale up their revenue base and improve their standard of living...
The Chemical and Allied Products Plc saw its finance costs ballooned by 362.97 per cent to N 155.35m in 2023 from N33.55m, driven by interest on borrowings, which rose by 377.27 per cent.
Interest on borrowings went up N153.92m from N32.25m in 2022.
…Delivering a YoY growth of 165%
United Bank for Africa Plc (UBA), Africa’s Global Bank, released its financial results for the first quarter ended March 31st, 2024, showing very strong growth across key performance measures.
The Group’s results, which were released...
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 NGN945.6 billion reported in 2022 to NGN2.132 trillion in 2023. According to the audited financial results for the 2023 financial year...
Wema Bank has said that it has removed and suspended about seven fintech partners from its payment gateway platform over fraudulent activities.
This is as the bank launched an anti-fraud campaign to protect its customers and other Nigerians against fraudulent activities perpetrated by some...
Two new millionaires have emerged in the ongoing First City Monument Bank Millionaire Promo Season 9.
The two winners of the N1, 000,000 grand prize who emerged during the fourth electronic draw were an officer of the Nigerian Police Force in Lagos, Inspector Afolayan...
* Finance Minster is Special Guest of Honour
Afrinvest West Africa Limited will be unveiling the 2023 Nigerian Banking Sector Report in Lagos on Tuesday, November 14, 2023.
The report, with the theme, ‘Getting Nigeria to Work Again!’ will be unveiled by...
In celebration of Eid al-Fitr, PalmPay, Nigeria’s leading fintech platform, will be giving out 105 smartphones comprising of iPhone 15 Pro and Infinix Note 40 to its users.
The smartphone bonanza is running from April 10 until April 30, 2024. Each day, five lucky...
