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Companies
Access Holdings’ Shareholders Back Capital Raising, Hail Aig-Imoukhuede’s Return As…
The shareholders of Access Holdings Plc at the 2nd Annual General Meeting (AGM) on Friday, unanimously backed the Group’s plan on a capital raising programme of up to $1.5 billion as well as the subset initiative to raise up to N365…
AltBank, Sterling One Foundation, Lagos Foodbank Combat Hunger, Champion Education
The Alternative Bank Limited (AltBank) has announced a strategic collaboration with FoodBank and Sterling One Foundation to raise approximately N20 million in support of hunger alleviation and educational initiatives.
This initiative…
Hydrogen, CCHub Partner To Encourage Fintech Startup Success
Hydrogen Payment Services Limited (‘Hydrogen’), has teamed up with Co-creation Hub (‘CcHub’) to host an insightful event themed, ‘Adapting Fintech Business Models to Economic Climes’.
The event which comes as the country faces economic…
Fidelity Bank’s Shareholders Get 60k Dividend As Profit Grows 131.5%
Leading financial institution, Fidelity Bank Plc has reported N124.26 billion Profit Before Tax in 2023, a 131.5 per cent growth according to its full year Audited Financial Statements.
In the results issued to the Nigerian Exchange…
UBA’s Total Assets Peak At N20.65trn In Y2023, Shareholders’ Funds N2trn
The total assets of United Bank for Africa (UBA) Plc peaked at N20.65 trillion in 2023, doubling the N10 trillion mark of 2022 and representing 90.22 per cent growth and up by N10.86 trillion.
Equally, the shareholders' fund of the Pan…
GTCO’s PBT Rises 184.5% To N609.3bn In 2023
Guaranty Trust Holding Company Plc (GTCO) on Monday announced N609.3billion profit before tax in 2023 , an increase of 184.5 per cent over N214.2billion recorded in the corresponding year ended December 2022.
In its audited result and…
UBA Unveils Portal To Resolve Customers’ Complaints
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has unveiled a Quick Response solution code, qrdispute.ubagroup.com:8088 called the 'Scan to swiftly resolve Customers' complaints.
The portal which is the first of its kind marks…
FBN Holdings Plans N300bn Capital Raise, To Seek Shareholders’ Approval
FBH Holdings on Monday said it will be seeking shareholders’ approval to raise N300 billion in additional capital at the group’s Extraordinary General Meeting (EGM) scheduled for this month end.
The Acting Company Secretary, Adewale…
CAP Loses Speed, Manages To Grow Profit To N2.5bn In 2023
CAP Plc lost the top speed growth with which it traded in the prior financial year and made just an upward creep in profit from N2.4 billion in 2022 to N2.5 billion in 2023.
That was just good enough to prevent the bottom line from looking…
Afreximbank Partners Woodhall Capital On Supply Chain Financing Workshop
Afreximbank and Woodhall Capital last week hosted a one-day workshop on Supply Chain Finance and Factoring in Nigeria and pooled together, corporations, Financial Institutions, and Sovereigns to explore the opportunities and challenges…