The Guaranty Trust Holding Company Plc (GTCO) on Friday announced a profit before tax of N214.2 billion in its Audited Consolidated and Separate Financial Statements for the year ended, December 31 2022.
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The African Development Bank (AfDB) says the African continent faces an annual GDP shortfall that could exceed $127.2 billion by 2030.
Amid a global slowdown, growth in Sub-Saharan Africa (SSA) is expected to reduce to 3.6 percent before rebounding to 4.2 percent in 2024.
The Dangote Cement Plc, has guaranteed shareholders and other stakeholders of the company’s management’s resolve to keep the company profitable by leveraging on strategic innovations for the continuous growth of their investments.
The Nigeria Deposit Insurance Corporation (NDIC) has urged regulators in the banking industry to draw supervisory lessons from the failure of Silicon Valley Bank and Credit Suisse by ensuring proper manage risks.
First Bank of Nigeria Ltd., has announced a phased corporate name change of its subsidiaries in the United Kingdom and Sub-Saharan Africa.
The Debt Management Office (DMO), has listed four Federal Government of Nigeria (FGN) bonds valued at N360 billion for subscription at N1,000 per unit.
Some Point of Sale (PoS) operators are still charging above the usual service charge in spite of the Central Bank of Nigeria (CBN’s) directive.
The Board of Directors of the African Development Fund (ADF) has approved $8 million to boost the banking system on the continent.
Some bank customers on Friday alleged bank officials’ connivance with Point of Sale operators (PoS), which makes it difficult for them to easily have access to cash from Automated Teller Machines (ATMs).