Zenith Bank’s Fraud Loss Deepens While Peers See Decline
Zenith Bank Plc, Nigeria’s biggest bank by net profit, witnessed a 14-fold surge in fraud-related losses in 2024, while several
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Money
Ten Banks Cough Out N316bn in Windfall Tax on FX Gains
By Lydia Oluremi Ten of Nigeria’s commercial banks paid a total of N316 billion to the government from the foreign
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FirstHoldCo Takes Lead in Profit Growth Among Nigeria’s Top Banks
By Lydia Adenike First HoldCo, the parent of FirstBank of Nigeria, saw its profit for last year surge 118.13 percent
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Profit at FirstBank Parent FirstHoldCo More Than Doubles to N677bn
First HoldCo Plc, the parent of Nigeria’s oldest lender First Bank, posted a profit of N677 billion last year, up
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Access Bank Cut Fraud Loss to N1.69bn in 2024
Access Bank lost N1.69 billion to fraud and forgery incidents last year, down from N6.15 billion in 2023. The lender’s
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[REVEALED] Access Holdings’ Acquisitions Cost N253bn in One Year
Access Holdings, the parent of Nigeria’s biggest lender by assets Access Bank, incurred a total of N252.83 billion on further
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Access Bank’s Losses Widen in South Africa, Kenya, Mozambique
Access Bank posted wider losses in South Africa, Kenya and Mozambique last year, with a combined increase of more than
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Fidelity Bank is Latest Stock to Join Trillion-Naira Club
Fidelity Bank, a midsize lender in Nigeria, saw its market capitalisation hit the N1 trillion mark on Friday for the
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GTCO Joins Zenith Bank as Profit Hits N1trn for First Time
Guaranty Trust Holding Company (GTCO) Plc posted a trillion-naira profit after tax last year for the first time since it
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Ecobank’s Profit Rises to $493m While Loans Fall
Pan-African lender Ecobank posted a profit after tax of $493.6 million last year, up 21 percent compared to 2023. Loans
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