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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Money
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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Ronchess Blames Challenges, Interest Charges as Keystone Bank Loan Goes Awry
By Lydia Oluremi Ronchess Global Resources Plc said challenges faced by the project it used the loan obtained from Keystone
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