The Bank of Ghana has announced the suspension of the Foreign Exchange Trading Licences of Guaranty Trust Bank Ghana Limited (GTB) and FBNBank Ghana Limited (FBN),
FBN Holdings Plc has announced the release of its audited financial statements for the year ending 31st December 2022.
Sell pressure witnessed on shares of Zenith Bank Plc, Access Holdings Plc, FBNH Plc, and UBA Plc, and GTCO Plc
FUGAZ banks make up over 70% of the NSE banking industry index and as a result influences its overall performance
Rising interest rates are generally good news for bank stocks because it helps them to expand their net interest margins
As the build-up to 2023 elections intensifies, volatility in the economy is taking a toll on stocks.
Three top Nigerian Banks, Zenith Bank Plc, Ecobank and FBNH Plc gained about N68.627 billion in market capitalisation.
After 5 trading days of the week, four out of the five tier-1 Nigerian banks enjoyed positive market sentiments while only FBNH saw a negative sentiment.
After 5 trading days of the week, only FBNH Plc, out of the five tier-1 Nigerian banks enjoyed positive market sentiments.
After 3 trading days of the week, 3 of the 5 tier-1 Nigerian banks enjoyed positive market sentiments, with FBNH Plc leading the gainers.
According to data from the NGX, the market capitalization of the top five banks dropped to N2.23 trillion, depreciating by 5.46% during the week.
According to data from the NGX, the market capitalization of the top five banks grew to N2.57 trillion to appreciate by 5.24% during the week.
