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Sunday, May 9, 2021
M&A Metrics Strengthened as Access Bank Release Q1 Result Access Bank Plc has released its first post-merger financial report for the first quarter of 2019 to the investing public. The group’s gross earnings and profit after tax (PAT) rose by 16.4% and 86% respectively to ₦160.12 billion and ₦41.15 billion in...
Nigerian markets are moving to the next level –GTI GTI Capital has said that equity derivative would signal Nigeria markets are moving to the next level. The firm in its note said that a recent IMF report highlighted the need for Nigeria to diversify its economy away from oil and gas. The...
    For Zenith and GTB Plc, making profit has become a culture, there is no bank that is a profitable as the two. Zenith Plc always earn far more than GTB, but hardly convert significant part of its earning to profit the way GTB does. In other words, Zenith Bank...
Access Bank Plc: Is it a good time to anticipate
Industry experts call it access to credit breakthrough, but the explosive growth of peer lenders, otherwise call instant credit vendors has been predicted to reduce the volume and amount of transactions from the commercial banks as operators intensify drive for market share. The rising trend of instant credits vendors...
  Julius Alagbe When Peter Amangbo took over as the Group Managing Director/Chief Executive Officer (GMD/CEO) Zenith group in mid-year of 2014, the bank’s total assets was valued at N3.2 trillion and shareholders’ funds was N492.38 billion. However, 54-month after, the bank`s total assets now “kissing” N6 trillion mark, as it...