FUGAZ Archives

Airtel, FUGAZ banks drive NGX recovery rally

The Nigerian equities market sustained its recovery for a second consecutive session on Tuesday, June 23, 2026, gaining N1.64 trillion in market capitalisation as renewed buying interest in blue-chip stocks and insurance counters lifted the benchmark index. Trading data from the Nigerian Exchange showed that the All-Share Index advanced by 1.06 per cent to close […]

aadelekepdnlimited-com
24th June 2026
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Banking

FUGAZ banks record ₦399.2bn profit from UK operations in 2025

Four of the five FUGAZ banks operating licensed banking subsidiaries in the United Kingdom (Access, GTCO, Zenith, and UBA) posted approximately N399.2 billion combined pre-tax profit from those UK operations for the year ended 31 December 2025. Nairametrics reported that this is according to the full-year 2025 audited financial statements of Nigeria’s tier-one banks, collectively […]

aadelekepdnlimited-com
27th May 2026
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Banking featured

FUGAZ banks report ₦2.365trn bad loans in 2025

Five listed Nigerian Tier-1 banks, also known as FUGAZ have released their full-year audited 2025 results for the period ended December 2025, reporting a combined impairment charges on loans to customers of N2.365 trillion compared to N1.44 trillion booked in 2024, according to Nairametrics. This represents a 64 per cent YoY growth and marks the […]

aadelekepdnlimited-com
11th May 2026
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Discos lose 1.13 million customers despite record ₦2.32tn

South Africa reaffirms no compensation for Nigerians’ abandoned

S’Africa, Egypt, Morocco top Africa’s ultra-wealthy hub rankings

Marriott ends 34-year Pepsi ties, signs global Coca-Cola

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FG flags off Borno roads to improve trade, security

Discos lose 1.13 million customers despite record ₦2.32tn revenue

Aquaculture investments can create 500,000 jobs, cut $1bn imports

South Africa reaffirms no compensation for Nigerians’ abandoned properties

Tag: FUGAZ

Airtel, FUGAZ banks drive NGX recovery rally

FUGAZ banks record ₦399.2bn profit from UK operations in 2025

FUGAZ banks report ₦2.365trn bad loans in 2025

FG flags off Borno roads to improve trade,.

Discos lose 1.13 million customers despite record ₦2.32tn.

Aquaculture investments can create 500,000 jobs, cut $1bn.

South Africa reaffirms no compensation for Nigerians’ abandoned.

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