FirstBank’s Parent FirstHoldCo Posts 24% Decline in Nine-Month Profit
First HoldCo, the parent company of First Bank of Nigeria, reported a profit after tax of N450.87 billion in the
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Money
Fintech HabariPay Becomes GTCO’s Most Profitable Non-Banking Unit
HabariPay Limited, the fintech subsidiary of Guaranty Trust Holding Company (GTCO), overtook the group’s asset management business to become its
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Access Bank’s Fintech Hydrogen Triples Half-Year Profit
Hydrogen Payment Services Company Limited, the fintech arm of Access Bank, reported a 306% jump in half-year profit. Its profit
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Nigeria’s Biggest Banks Post Rare Profit Decline as FX Gains Fade
Nigeria’s biggest banks posted a rare decline in profits in the first half of 2025 as the foreign exchange gains
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Nigeria’s Top Bank Access Holdings Posts 23% Drop in Half-Year Profit
Access Holdings, the parent of Nigeria’s biggest lender by assets Access Bank, reported a profit after tax of N215.92 billion
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Moniepoint Raises Fresh $200m One Year After Unicorn Status
Moniepoint Inc. has announced it has raised over $200 million in equity financing in a recently closed Series C funding
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Nigerian Banks See Biggest Fall in Africa’s Top 100 Ranking
*Combined Tier 1 capital plunges 45.6% Three Nigerian lenders — Union Bank of Nigeria, Stanbic IBTC Bank, and Ecobank Nigeria
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Nigeria’s FX Market Posts 757% Jump in Dollar Liquidity
Nigeria’s official foreign exchange market saw dollar liquidity surge more than eightfold this week to a record high of $12.85
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Stanbic IBTC Hires Ex-Standard Bank Unit Head Nwokocha as GCEO
The Board of Stanbic IBTC Holdings Plc has announced the appointment of Chukwuma (Chuma) Nwokocha as the substantive group chief
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Ecobank Exits Mozambique As FDH Bank Takes Over Subsidiary
Ecobank Transnational Incorporated said on Friday that it had completed the sale of its stake in Ecobank Mozambique S.A. to
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