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Money

FEATURED Latest Money TOP STORIES 

Abbey Mortgage Bank’s annual loss deepens to N4.3bn

April 5, 2021April 5, 2021 Markets Reporters 0 Comments Abbey Mortgage Bank

Abbey Mortgage Bank Plc saw its loss after tax widen sharply to N4.30 billion in the financial year 2020 from

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Latest Money TOP STORIES 

Infinity Trust Mortgage Bank posts higher profit, boosts dividend

April 4, 2021April 4, 2021 Markets Reporters 0 Comments Dr Adeyinka Bibilari, Dr Olabanjo Obaleye, Infinity Trust Mortgage Bank

Infinity Trust Mortgage Bank Plc has reported a profit after tax of N411.11 million for the financial year 2020, up

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FEATURED Latest Money TOP STORIES 

We needed N1bn to buy Access Bank but had only N200m – Aig-Imoukhuede

April 3, 2021April 3, 2021 Markets Reporters 0 Comments Access Bank, Aigboje Aig-Imoukhuede, Herbert Wigwe, Leaving the Tarmac: Buying a Bank in Africa

A former Group Managing Director of Access Bank Plc, Mr Aigboje Aig-Imoukhuede, has said he and his partner, Mr Herbert

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FEATURED Latest Money TOP STORIES 

Six biggest Nigerian banks earned N467.42bn fees, commissions in 2020

April 2, 2021April 2, 2021 Markets Reporters 0 Comments Biggest Nigerian banks, fee and commission income

Six of the biggest commercial banks in Nigeria boosted their combined net fee and commission income to N467.42 billion last

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FEATURED Latest Money TOP STORIES 

Access Bank’s profit rises, customer deposits hit N5.59trn

April 1, 2021April 1, 2021 Markets Reporters 0 Comments Access Bank

Access Bank Plc, Nigeria’s biggest lender, has said its profit after tax for the 2020 financial year grew by 12.70

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FEATURED Latest Money TOP STORIES 

FBN Holdings’ profit up 21.79%, customer deposits hit N4.89trn

March 31, 2021March 31, 2021 Markets Reporters 0 Comments FBN Holdings, First Bank of Nigeria

FBN Holdings Plc, the holding company of First Bank of Nigeria Limited, has reported an increase of 21.79 percent in

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FEATURED Latest Money TOP STORIES 

Nigerian banks’ asset risk’ll increase, outlook negative – Moody’s

March 30, 2021March 30, 2021 Markets Reporters 0 Comments Moodys Investors Service, Nigerian banking sector outlook

The outlook for Nigeria’s banking system remains negative, reflecting expectations of rising asset risk and weakening government support capacity over

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FEATURED Latest Money TOP STORIES 

LivingTrust Mortgage Bank more than doubles annual profit

March 29, 2021March 29, 2021 Markets Reporters 0 Comments LivingTrust Mortgage Bank

LivingTrust Mortgage Bank Plc has said its profit for the 2020 financial year surged by 111.67 per cent to N132.36

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FEATURED Latest Money TOP STORIES 

FCMB profit rises, customer deposits hit N1.26trn

March 26, 2021March 27, 2021 Markets Reporters 0 Comments FCMB Group, First City Monument Bank

FCMB Group Plc has reported a profit after tax of N19.61 billion for the 2020 financial year, 13.09 percent higher

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FEATURED Latest Money TOP STORIES 

Access Bank gets go-ahead to acquire South Africa-based bank

March 26, 2021March 26, 2021 Markets Reporters 0 Comments Access Bank to acquire South African bank, Grobank Limited, Herbert Wigwe

Access Bank Plc, Nigeria’s biggest lender, announced on Friday that it has received the approvals of the South African and

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