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Nigerian Tier-One Banks Report ₦430.9bn In E-Business Revenue

Nigeria’s tier-one banks generated N430.91bn in e-business revenue in the first nine months of 2024, reflecting a 66.15 per cent increase from the N259.34bn...
News

Get Ready to be Among the First to Experience Bvndle’s Loyalty Rewards at The Yard

Bvndle, a new customer engagement and loyalty platform, is here to transform your everyday purchases into awesome rewards. Be among the first to experience...
Business

Zenith Bank, UBA, AccessCorp, Total top list of stocks to watch this week

Zenith Bank, United Bank for Africa (UBA), AccessCorp, and Total Plc topped the lists of stocks to watch when the market opens after the...
Business

Disaster as fraudsters defraud banks, PoS operators of N18 billion

A recent report by the NIBSS has disclosed that Nigerian banks lost close to N18 billion to fraud in 2023According to the report, customers...
Business

Why FG began charging stamp duty on mortgage loans

The Nigerian government has directed commercial banks to begin deducting stamp duty charges on mortgage-backed loansThe new directive comes as the government seeks to...
Business

NGX: Investors lose N154bn as equity market begins week on losing note

Investors in the Nigerian equities market lost N154bn as the new trading week got off on a losing note.This follows the loss in the...
Business

GTCO, UBA, Fidelity Bank, Wapco top list of stocks to watch this week

Investors in the Nigerian capital market endured a mixed basket of trading last week with two gains and three losses recorded by players at...
Business

See the huge profit Nigeria's top banks declared in 2023 and sources

Top Nigerian banks have declared their earnings and collectively generated profits of over N2.7 trillion in 2023These banks include Access Holdings, FBN Holdings(FBNH), Guaranty...
Business

Recapitalisation: Access, GTCO, FBNH, UBA target $2.6bn fresh capital

As banks in Nigeria race to meet the recapitalization demands spelt out by the Central Bank of Nigeria, four of the tier-one banks in...
Business

Major Nigerian banks grapple with N3 trillion escalating operating costs

The collective operating expenditures of 10 Nigerian banks surged by 42.51%, reaching N3.23 trillion in 2023 from N2.26 trillion in the preceding year. Legit...
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