Saturday, May 18, 2024
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,...
Shareholders commended the dividend distribution, which increased from N1.10k per share in 2022 to N2.20k per share. Speaking at the Annual General Meeting (AGM) in Lagos, Access Pensions’ Managing Director/Chief Executive Officer, Dave Uduanu, attributed this performance to a series of growth initiatives implemented...
Zenpay Limited, a wholly owned subsidiary of Zenith Bank Plc, has signed an Agreement with the African Continental Free Trade Area (AfCFTA) Secretariat for the development and deployment of the SMARTAfCFTA Portal to facilitate trade within the African continent. The agreement which was signed...
United Bank for Africa Plc (UBA) has released its financial results for the first quarter ended March 31st, 2024, posting 165 per cent improvement in its profit after tax compared to what it posted in the comparable period of 2023. The Group’s results, which...
The Alternative Bank, (AltBank) in collaboration with TotalEnergies, unveils an innovative partnership that aims to bring vital banking services directly to underserved communities nationwide through their pioneering Branch in a Box initiative.These mini-branches will be strategically located within select TotalEnergies stations across the...
The Central Bank of Nigeria has directed banks to stop charges on cash deposits until September 30, 2024. CBN disclosed this in a circular dated May 6, 2024, and signed by its Director of Banking Supervision, Adetona Adedeji. Some bank customers...
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...
Stanbic IBTC Bank, a leading financial institution in Nigeria, recently hosted its pivotal Energy and Infrastructure Breakfast Session in Lagos. This event marked a significant milestone in the country's dialogue on sustainable energy, drawing together a distinguished assembly of industry leaders, policymakers and experts.
Access Pensions has announced a remarkable 70 per cent surge in revenue, with turnover escalating from N7 billion in 2022 to N12.3 billion in 2023. The company’s profit before tax and profit after tax mirrored this outstanding growth trend, soaring by around 70 per...
Union Bank, has announced another significant achievement with its attainment of the MSECB management system certifications in ISO/IEC 27001:2022, ISO 22301:2019, and ISO/IEC 20000-1:2018. The bank in a statement noted that the Bank was awarded these three noteworthy certifications by MSECB, a leading international...