Financial Performance

Zenith Bank Soars with N625bn Profit, Rewards Shareholders with N1.25 Dividend!
Zenith Bank Plc has announced its consolidated financial results for the first half of 2025, showcasing a remarkable profit before tax of N625.629 billion. The...

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Politics Today
2 weeks ago2 weeks ago

Zenith Bank Plc has announced its consolidated financial results for the first half of 2025, showcasing a remarkable profit before tax of N625.629 billion. The Board has approved an interim dividend of N1.25 per share, marking a 25% increase from the N1.00 dividend paid in H1 2024. This move underscores Zenith Bank’s reputation as a...

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UBA Slashes Fraud Losses by Nearly 50%, Soars to ₦335bn Profit Milestone
United Bank for Africa (UBA), boasting a market valuation of ₦1.93 trillion ($1.29 billion) and operations spanning 20 African nations, successfully reduced its fraud-related losses...

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Tech
2 weeks ago2 weeks ago

United Bank for Africa (UBA), boasting a market valuation of ₦1.93 trillion ($1.29 billion) and operations spanning 20 African nations, successfully reduced its fraud-related losses by 45.35% to ₦288 million ($192,130) during the first half of 2025. This improvement came alongside a 6.06% rise in profit after tax, which reached ₦335.53 billion ($223.84 million), as...

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UBA Soars with N1.608 Trillion Gross Earnings and N335 Billion After-Tax Profit in H1!
United Bank for Africa (UBA) Plc has announced its financial results for the six months ending June 30, 2025, reporting a profit after tax of...

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Politics Today
2 weeks ago2 weeks ago

United Bank for Africa (UBA) Plc has announced its financial results for the six months ending June 30, 2025, reporting a profit after tax of N335 billion. The bank submitted its audited half-year financial statements to the Nigerian Exchange Limited (NGX) yesterday, revealing notable increases in both gross earnings and net profit, reflecting a solid...

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AIICO Insurance Soars: Investment Income Surges 54% Driven by Stronger Returns
AIICO Insurance Sees 54% Surge in Investment Income Amid Stronger Fixed-Income Yields AIICO Insurance Plc has announced a remarkable 54% increase in its investment income...

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Business Updates
1 month ago1 month ago

AIICO Insurance Sees 54% Surge in Investment Income Amid Stronger Fixed-Income Yields AIICO Insurance Plc has announced a remarkable 54% increase in its investment income compared to the previous year. This significant growth is primarily attributed to improved returns from fixed-income securities, reflecting the company’s strategic focus on optimizing its investment portfolio. Boost in Fixed-Income...

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NNPC Revenue Plummets by N165bn: What’s Behind the Sharp Decline?
NNPC Reports Significant Revenue Decline in July 2025 The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced a notable decrease in its revenue for...

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Politics Today
1 month ago1 month ago

NNPC Reports Significant Revenue Decline in July 2025 The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced a notable decrease in its revenue for July 2025, with

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NNPC Profit Takes Another Hit, Plummeting to N185 Billion in July
NNPC Reports Decline in July Profits Amid Strong Half-Year Contributions The Nigerian National Petroleum Company Limited (NNPC) has revealed a significant decrease in its profit...

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Opinion
1 month ago1 month ago

NNPC Reports Decline in July Profits Amid Strong Half-Year Contributions The Nigerian National Petroleum Company Limited (NNPC) has revealed a significant decrease in its profit for July 2025, with earnings falling to N185 billion. This marks a continued downward trend in monthly profitability for the state-owned oil giant. Robust Half-Year Payments to Federation Account Despite...

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