GTBank’s Parent Posts 50% Profit Drop as Non-Core Income Falls
Guaranty Trust Holding Company, the parent company of GTBank, reported a 50 percent drop in its half-year profit as non-core
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Money
Access Bank’s Parent Gets New GCEO as Bolaji Agbede Bows Out
Access Holdings has announced the appointment of Innocent Ike as the substantive Group Managing Director/Chief Executive Officer of the company,
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South Africa’s Nedbank Exits Ecobank as Bosquet Investments Buys Stake
Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has confirmed the execution of a purchase agreement between
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CFO of FirstBank’s Parent FirstHoldCo Bows Out
First HoldCo Plc, the parent company of Nigeria’s oldest lender FirstBank, has announced the retirement of its chief financial officer
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UBA Begins Second Tranche of N400bn Capital Raise
United Bank for Africa Plc (UBA) launched on Wednesday its rights issue of 3,156,869,665 ordinary shares at N50.00 per share.
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Ecobank’s Half-Year Profit Rises 23% as Net Revenue Tops $1bn
Pan-African lender Ecobank Group reported a 23% year-on-year increase in its half-year profit before tax to $398 million. The cost-to-income
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Flutterwave Enters Egypt to Tap $32bn Diaspora Remittance Market
Flutterwave, an African payments technology company, has announced the launch of its remittance product ‘Send App’ in Egypt to enable
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It’s Official: Otudeko Sells FirstHoldCo Shares for N196bn
Oba Otudeko, a long-time significant shareholder in First HoldCo, has offloaded his shares in the parent of the country’s oldest
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Zenith Becomes Second Bank to Hit N3trn Valuation as Shares Soar
Zenith Bank saw its market capitalisation cross the N3 trillion mark on Wednesday, becoming the second lender to achieve the
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Chapel Hill Denham Advises GTCO on ‘Landmark’ London Deal
Lagos-based investment bank Chapel Hill Denham acted as financial adviser to Guaranty Trust Holding Company (GTCO) on its $105 million
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