By Philemon Adedeji Union Bank of Nigeria Plc has declared its unaudited results for the period ended June 30, 2022 with total assets dropping by 2.1 per cent to N2.54trillion as of June 30, from N2.6 trillion achieved in the…
Nova Merchant Bank Limited has announced its Audited Full Year 2021 financial results, showing an impressive 25.7% year-on-year growth in gross earnings to N17.03b (2020: N13.55b), as loans and advances to customers grew by 76.9% year-on-year to N88.38b (2020: N49.97b),…
By Philemon Adedeji Unity Bank Plc has posted gross earnings of N27.6 billion for its 2022 half-year results, representing a growth of 17 per cent Year-on-Year. In its unaudited half-year financials submitted to the Nigeria Exchange Group Limited , the…
The Association of Bureaux Des Change Operators of Nigeria (ABCON) has urged the Central Bank of Nigeria (CBN) to float the Naira to halt its further depreciation. The President of ABCON, Alhaji Aminu Gwadabe, made the appeal on Saturday in…
Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings PLC, has held the second edition of its Women in Tech event. The event is a celebration of women in the Nigerian tech space while encouraging more women and young girls…
Fidelity Bank Plc has rewarded 10 customers with N1million each in the eight monthly draw of its Get Alerts in Millions season five promo (GAIM 5). Dr Ken Opara, the Promo Chairman and Executive Director, Lagos and South-West, said at…
The Nigerian equities market on Thursday extended its losses for the fourth consecutive session as investors’ profit-taking activities on Nestle Nigeria and 27 others drove the market lower. The All Share Index (ASI) decreased by 521.41 absolute points, representing a…
The Central Bank of Nigeria’s Treasury Bills auction for a 364-Day tenor, which sought to raise N258.5 billion from investors, recorded an oversubscription of 22.7%, as interest rate rose to 7% compared to 6.07% recorded in the previous month. This…
The Senate on Wednesday at plenary resolved to invite the Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, to educate and inform senators in a closed session on the reasons for the rapid depreciation of the value of…
By Ridwan Adekunle TAJBank Limited, Nigeria’s leading non-interest bank, has secured the approval for nationwide banking operations from the Central Bank of Nigeria (CBN). The bank’s Managing Director, Mr Hamid Joda, made this known in a statement on Wednesday. Joda…
