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CATEGORY

Finance

Big Bank Dividends Comparison: GTB, Zenith, UBA, FBNH and Access

If you are a value investor looking at Banking stocks and wondering which of the names to snap up, how do you make an...

Jaiz Bank had N2.88 billion loan exposure to Directors in 2019

Jaiz Bank Plc which has just released its audited Full Year 2020 results has some related party exposures to its Directors, totaling a sum...

Soaring expenses thwart Access Bank synergy aims post Diamond merger

Total operating expenses of Access Bank Nigeria Plc has soared following the acquisition of Diamond Bank last year, raising concerns that the lender could...

First Bank close to sealing Polaris Bank acquisition

FBN Holdings or First Bank is close to sealing a deal to acquire Polaris Bank, people familiar with the matter tell MoneyCentral. Polaris Bank which...

Dangote Cements Huge Pan African loss masks strong domestic numbers

Dangote Cement Plc reported a combined profit after tax (PAT) of N60.6 billion (0.6% YoY) in its Q1’20 unaudited results. Despite a robust performance...

Total Nigeria reports N163m Q1 loss as revenues slump

Total Nigeria Plc released its Full Year (FY) 2019 audited results alongside its First Quarter (Q1) 2020 unaudited numbers. The FY’19 audited filing was...

Stanbic IBTC reviews monthly international spending limit down to $300

Tier 2 lender, Stanbic IBTC Bank has reviewed the international spending limits on its naira MasterCard’s lower as dollar scarcity bites harder in Africa’s...

MTN Nigeria debt surge a concern despite stellar results

MTN Nigeria’s debt burden has more than doubled in one year, with total loans surging 135 percent to N412.5 billion at the end of...

How COVID-19 Risks Factor Into U.S. Property/Casualty Ratings – S & P

The COVID-19 pandemic has brought to the forefront the gap between property/casualty (P/C) insurers' insurable and noninsurable coverage. Pressure is rising among small-business owners,...

Bitcoin, Tether, Ethereum account for 90% of trading volume in 2020

Bitcoin, Tether and Ethereum accounted for about 90% of trading volume on digital-asset exchanges this year among top-10 cryptocurrencies, up from 75% a year...

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