FBN Holdings Plc recorded significant growth in its Q1 financial performance, with a 53.64% increase in profit before tax, reaching N56.105 billion. Profit after tax also showed strong growth of 54.48%, reaching N50.054 billion. The......
04 June, 2023
MTN Group Ltd., Africa’s biggest mobile-phone operator, plans to build a $320 million inland fiber cable to connect ten countries, as telecommunications companies push to expand service to the continent’s growing population. MTN, through its......
16 May, 2023
Access Holdings has received the second of the three regulatory approvals for the takeover of Finibanco Angola S.A., the group said in a statement issued Wednesday. The move followed authorisation from the Central Bank of......
04 May, 2023
Fidelity Bank Plc has released its 2022 Audited Financial Statements on the Nigerian bourse. The results showed a 34.4% growth in Gross Earnings YoY to N337.1bn, driven by 45.2% growth in interest and similar income......
29 April, 2023
Access Holdings Plc full year 2022 financial results showed strong growth across revenue lines, despite the strong macroeconomic headwinds locally & internationally. The banking group registered a record revenue of ₦ 1.4 trillion a 43%......
21 April, 2023
United Bank for Africa (UBA) reported a profit surge of 29.1 per cent in the three months to March, profiting from a series of rate hikes by the Central Bank of Nigeria that helped strengthen......
15 April, 2023
Fidelity Bank has sold a 10.4 percent controlling stake in the financial institution through private placement. The disposed controlling stake worth N13.97 billion was sold to two unnamed investors. According to a statement released by......
15 April, 2023
In line with its 5-year strategic development plan, Access Bank, the commercial banking unit of Access Holdings Plc, has received $300 million as capital investment from the parent company to further its expansion within Africa,......
05 April, 2023
Access Bank has partnered with AfriGOpay, a financial services business affiliated with the Nigeria Inter-Bank Settlement System (NIBSS) to launch the first Nigerian national domestic card designed to meet the needs of the Nigerian payment......
04 April, 2023