Nigerian bank

Guaranty Trust Holding Co. reported a $468 million gain from its foreign-exchange holdings, helping Nigeria’s biggest lender by market value post a record profit. The firm, which operates Guaranty Trust Bank, reported 357.5 billion naira…

Union Bank of Nigeria Plc cut costs all round in the second quarter from interest expenses, and loan impairment charges to operating costs – which improved margins and powered a 12.6 per cent profit growth to N11 billion at the half year.…

The market capitalisation of Stanbic IBTC Holdings Plc dropped N47.755 billion during Friday's transaction on the floor of the Nigerian Stock Exchange (NSE), indicating a 10 per cent fall of its market share. The Holdings share price…

Shareholders of Zenith Bank unanimously approved the final dividend of N2.50 per share, bringing the total dividend payment for the 2019 financial year to N2.80 per share with a total value of N87.9 billion. The Board Chairman Jim Ovia…

Zenith Bank has announced a profit after tax (PAT) of N208.8 billion, rising by 8 per cent to show its resilience which has moved it to achieve the feat as the first Nigerian bank to cross the N200 billion mark. The bank’s audited…