banking sector

Delayed Bank Earnings Reports Stall Stock Market Rally
Bank Earnings Postponements Temper Stock Market Enthusiasm After a period of strong gains, shares in the banking sector are experiencing a slowdown as market participants...

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Business Updates
1 week ago1 week ago

Bank Earnings Postponements Temper Stock Market Enthusiasm After a period of strong gains, shares in the banking sector are experiencing a slowdown as market participants adjust their expectations amid postponed financial disclosures. The delay in quarterly earnings reports has introduced uncertainty, prompting investors to reassess the risk profile of these stocks. Investor Sentiment Shifts Amid...

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GTCO Triumphs with N500 Billion Recapitalisation Milestone Following Rights Issue
GTCO Achieves N500 Billion Recapitalisation Milestone Following Rights Issue Guaranty Trust Holding Company Plc (GTCO) has successfully reached its ambitious recapitalisation goal of N500 billion...

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Business Updates
2 weeks ago2 weeks ago

GTCO Achieves N500 Billion Recapitalisation Milestone Following Rights Issue Guaranty Trust Holding Company Plc (GTCO) has successfully reached its ambitious recapitalisation goal of N500 billion through a recent rights issue. This capital injection is strategically aimed at accelerating the company’s growth trajectory by enhancing its branch network, strengthening its technological infrastructure, expanding its asset base,...

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Access Holdings Names Innocent Ike as New Substantive GMD, Ushering in a New Era of Leadership
Access Holdings Names Innocent Ike as Permanent Group Managing Director/CEO Access Holdings Plc has officially designated Mr. Innocent Ike as the permanent Group Managing Director...

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Politics Today
2 weeks ago2 weeks ago

Access Holdings Names Innocent Ike as Permanent Group Managing Director/CEO Access Holdings Plc has officially designated Mr. Innocent Ike as the permanent Group Managing Director and Chief Executive Officer, effective August 29, 2025. This announcement was made public through a corporate disclosure dated August 27, 2025, signed by the Company Secretary, Sunday Ekwochi, and submitted...

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FCMB Group Launches Second Public Offer in Ambitious Race to Raise N500 Billion for Recapitalisation
FCMB Group Sets Sights on Expanding Capital Raise to N340 Billion During a strategic meeting held in December, First City Monument Bank (FCMB) Group secured...

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Opinion
3 weeks ago3 weeks ago

FCMB Group Sets Sights on Expanding Capital Raise to N340 Billion During a strategic meeting held in December, First City Monument Bank (FCMB) Group secured approval to significantly boost its initial capital raising target. The group is now authorized to increase its fundraising goal from the original N150 billion to an ambitious N340 billion. Accelerating...

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Bank recapitalisation: Strengthening Nigeria’s financial system for a trillion-dollar economy
Bank recapitalisation is key to fortifying Nigeria's financial backbone, paving the way for a robust banking sector that can support a trillion-dollar economy and fuel...

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Business Updates, Gossip, Lifestyle, News & Gossips
2 months ago2 months ago

In the dynamic landscape of global finance, the quest for robust and resilient banking systems is more critical than ever-especially for emerging economies poised on the brink of transformative growth. Nigeria, Africa’s largest economy, stands at such a crossroads, envisioning a future where it ascends to the coveted trillion-dollar mark. Central to this ambitious trajectory...

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