04/24/2025
In contrast, the manufacturing sector, referred to as the real sector, laments increasing operational costs amounting to a combined figure of N2.5 trillion in 2024 alone.
04/24/2025
The competition also aims to identify and reward outstanding business ideas demonstrating viability, sustainability, and social impact.
04/10/2025
Bringing together a diverse yet interconnected community, the Payments Power 50 will serve as a reminder of the significant strides being made in the payments space.
04/09/2025
The average NIM declined by 6.25 basis points in 2024, in stark contrast to the 28 basis point increase the previous year.
04/08/2025
The Citywire AA-rated African bank is backed by a total of seven of the world’s top fund managers.
04/08/2025
The USA is one of South Africa’s largest trading partners, and the new tariffs are set to impact the economy severely.
04/07/2025
The ratings for these banks, except for Bank of Industry (BOI), are primarily driven by their standalone creditworthiness, expressed through Viability Ratings (VRs).
04/04/2025
Consumers also rely on online platforms with targeted online ads when shopping.
04/03/2025
The World Bank has approved three operations in Nigeria, totalling $1.08bn in concessional financing, to enhance education quality, build household and community resilience, and improve nutrition for underserved groups.
04/03/2025
The announcement, made on April 1st, initially sparked widespread arguments, with many assuming it was a marketing prank tied to April Fools’ Day.
03/31/2025
According to CBN, Nigeria’s Money Supply (M2) closed February 2025 at N110.3 trillion
03/31/2025
UBA’s profit after tax climbed 26.14 per cent to N766.6bn, up from N607.7bn in 2023.
03/28/2025
The Board of the Bank recently approved a mid-term 2025-2027 corporate strategy plan to drive its operations.
03/28/2025
In celebration of Women’s Month, Wema Bank dedicated the March draw to empowering women, with all 131 winners being female.
03/28/2025
On the back of its full-year financial performance for the year 2024, which was released to stakeholders on Tuesday
03/27/2025
This growth was driven by a 138% increase in interest income, supported by investment in high-yield government securities, and growth in the Bank’s loan book.
03/26/2025
China Construction Bank, Agricultural Bank of China, and Bank of China complete the top four, emphasising China’s financial strength.
03/26/2025
UBA’s net interest income rose sharply to N1.530 trillion, up by 116% year on year from N707.540 billion in the financial year 2023.
03/26/2025
Ecobank’s trade products and solutions are designed around three broad areas: structured trade and commodity finance; trade services; and supply chain finance.
03/25/2025
The bank’s gross earnings also grew significantly from N2.08 trillion recorded at the end of the 2023 financial year to N3.19 trillion in the period under consideration, representing a 53.6 percent growth.