32.3 C
Lagos
Sunday, May 17, 2026
- Advertisement -spot_img

CATEGORY

Exclusive

Nigerian Banks Post Tepid Q1 Loan Growth as GTCO Least Likely to Extend Credit

Nigeria's top five banks expanded loan books by a meager average (4.6%) in the First Quarter (Q1) of 2026, signaling caution despite Central Bank...

Fidelity Bank Sets Aside ₦19.8 Billion For Legal Loss as Claims Now Double 2025 Profit

Fidelity Bank Plc disclosed potential losses of up to ₦19.8 billion from ongoing litigation, as claims against the lender skyrocketed 3,412% to ₦491.8 billion...

Fidelity Bank Profit Drops 13% to ₦242 Billion on Derivative Hit That Threatens Capital

Fidelity Bank Plc reported a 12.8% decline in full-year 2025 profit after tax to ₦242.44 billion from ₦278.10 billion, as a massive ₦223.79 billion...

Guinea Insurance Swings to ₦353M Loss on Claims Explosion

Guinea Insurance Plc posted a ₦352.65 million loss after tax for Q1 2026, flipping from a ₦130.31 million profit a year earlier, as claims...

Dangote Eyes $50 Billion Valuation in Refinery IPO

Aliko Dangote plans to seek a valuation of as much as $50 billion for his refinery business in an initial public offering (IPO) this...

Tinubu Reforms Power Nigeria Stocks Past New Zealand as Bonds Crush EM Peers

Nigeria's stocks, bonds and naira are surging as investors embrace President Bola Tinubu's economic overhaul. Nigeria's NGX All-Share Index has rocketed 66% in dollar terms...

FirstHoldCo Sets Sights on ₦1 Trillion Capital Base in Bold Balance Sheet Fortification

FirstHoldCo Plc, the parent entity of Nigeria’s oldest commercial lender (First Bank), is moving to double the regulatory capital ceiling for international banks, signaling...

How Airtel Africa’s Regional Countries Contribute to The Group

Francophone Africa is Airtel Africa’ most efficient region Of the three regions under parent company Airtel Africa Plc, Francophone Africa  is the efficient and highly profitable...

Transcorp Excites Shareholders With ₦20.3 Billion Dividend at 20TH AGM

Transnational Corporation Plc (NGX: TRANSCORP), Africa’s leading listed conglomerate with strategic investments in power, hospitality and energy, has declared a total dividend of ₦20,323,995,148,...

Cardinal Stone Lifts Zenith Bank Target to ₦152 on Loan Rebound, Fee Surge

Cardinal Stone Partners raised its 12-month price target for Zenith Bank Plc to ₦151.80 from ₦106, implying 17.7% upside, citing Full Year (FY) 2025...

Latest news

- Advertisement -spot_img