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With less than 1% of the banking industry’s market share, short-term working capital financing accounted for the largest share of Globus Bank Limited’s loan book, Fitch said in a rating note.
United Bank for Africa (UBA) Plc has reported about 12% year-on-year customer deposit growth in the financial year 2025, according to the audited report released. The significant deposit growth reflects strong brand loyalty across key African markets where UBA holds sway.
Nigerian Breweries Grows Profit by 25.6% in Q1 Nigerian Breweries Plc has recorded a 25.6 per cent increase in profit…
CSCS Shareholders Approve N1.78 Dividend Per Share The Central Securities Clearing System Plc (CSCS) has posted a gross earnings of…
Equity analysts at CardinalStone Securities Limited have raised GTCO’s 12-month target price to N159.65 as the financial services group returns to its pre-2023 dividend payout ratio.
FirstHoldco Gains 23% on Trading Volume, Pre-Q1 Positioning FirstHoldco gained 23% as investors stepped up buying action in the shares…
Ecobank Transnational Incorporated (ETI) soared by 46% in the Nigerian stock market as investors accumulated the Pan-African financial group units ahead of dividend payments.
Oando Plc announced that its upstream Joint Venture (JV) with NNPC E&P Limited (NEPL), the NEPL/Oando JV, has enabled the delivery of a 60-megawatt (MW) Independent Power Plant (IPP) in Yenagoa, Bayelsa State.
The MTN Nigeria Communications Plc has temporarily suspended its airtime and data lending service, “Xtratime”, following new regulations introduced by the Federal Competition and Consumer Protection Commission (FCCPC).
Nigerian Breweries Plc says it is leveraging the backing of its majority shareholder, Heineken, to drive growth and strengthen its operations.