Banking & Finance

UBA to Raise Over N157bn in Rights Issue to Bolster Capital Base

UBA to Raise Over N157bn in Rights Issue to Bolster Capital Base

United Bank for Africa Plc (UBA) has unveiled plans to raise more than N157 billion through a rights issue, as… Read More

2 weeks ago

First Bank Leads ₦363 Billion Trading Value as NGX Banking Index Soars 7.05% in Massive Market Rally

The Nigerian Exchange (NGX) All-Share Index surged by 1.80% on Wednesday, July 16, 2025, closing at 126,967.08 points. This bullish… Read More

3 weeks ago

GTCO Share Price Hits Historic ₦100 Milestone on NGX

Guaranty Trust Holding Company (GTCO) has made history, becoming the first Nigerian banking stock to cross the ₦100 mark on… Read More

3 weeks ago

Sterling Financial Holdings Appoints Ashutosh Kumar, Re-elects Eniye Ambakederemo and Shola Adekoya to Board at AGM

Sterling Financial Holdings Company Plc has reinforced its board with the appointment of Mr. Ashutosh Kumar as a Non-Executive Director,… Read More

3 weeks ago

GTCO is LIVE on the London Stock Exchange

Guaranty Trust Holding Company Plc (GTCO) has achieved a historic milestone, becoming the first West African financial institution to list… Read More

4 weeks ago

CBN Demands Bank Capital Plans, Ends Loan Waivers, Amid Measures for Forbearance Exit

The Central Bank of Nigeria (CBN) has directed all lenders to submit comprehensive capital restoration plans by the end of… Read More

4 weeks ago

Nigerian Banks Resume International Transactions on Naira Cards

After nearly three years of restrictions, Nigerian banks have resumed international transactions on naira cards, marking a major shift in… Read More

4 weeks ago

Jaiz Bank Appoints New Directors to Strengthen Leadership

Jaiz Bank Plc, Nigeria’s pioneer non-interest bank, has announced the appointment of two new directors to its board, effective in… Read More

4 weeks ago

GTCO to List on London Stock Exchange

Guaranty Trust Holding Company, the parent of Nigeria’s biggest bank by market value, GTBank, is set to list on the… Read More

1 month ago

Sterling Financial Holdings reports a profit after tax of N43.68 billion, a 102% profit growth in 2024

Sterling Financial Holdings Company Plc (SFHC) has unveiled its audited full-year results for 2024, showcasing a remarkable 102% surge in… Read More

1 month ago