Category: Banking

Zenith Bank’s e-banking revenue soars 54.51% to ₦80.05b in 2024

Zenith Bank’s electronic banking revenue grew by 54.51% in 2024, reaching ₦80.05 billion, up from...

Zenith Bank, GTCO, UBA hit with N172.4b windfall tax

Nigeria’s new tax policy targeting foreign exchange revaluation gains has led to a combined windfall...

Zenith Bank reports N1.03trn profit in 2024 financial results

Zenith Bank Plc has announced its financial results for the 2024 fiscal year, posting a...

Morgan Stanley to cut 2,000 jobs in workforce restructuring

Wall Street giant Morgan Stanley is set to lay off approximately 2,000 employees later this...

First Bank denies N550M fraud allegations, blames ex-employee, plaintiff

First Bank of Nigeria has strongly denied allegations of fraud made by Abia businessman Dr....

HSBC records $8.5bn pre-tax profit in Q3

Banking giant HSBC said Tuesday that pre-tax profit in the third quarter rose 10 percent...

Otedola raises stake in First Bank to 13.15%

The chairman and majority shareholder of First Bank of Nigeria Holdings, Femi Otedola has raised...

Wema Bank bags new certification

Wema Bank has been honoured as the best workplace for millennials and for fostering a...

Zenith Bank to acquire N290bn fresh capital 

Zenith Bank Plc has finalised its intentions to raise around N290 billion in new capital,...

Access Bank revamps ‘QuickBucks’ digital loan platform 

Access Bank has strengthened its digital loan platform ’QuickBucks’, to promote lending to its consumers....

SEC endorses extension of Fidelity Bank public offer 

The Securities and Exchange Commission has approved a 14-day extension for the combined offer of...

FCMB records N64.2b pre-tax profit in H1 2024

FCMB Group reported a profit before tax of N64.2 billion in the first half of...

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Email Us: [email protected]