The NGX Banking Index made a bullish recovery at the end of yesterday's trading session with an increase of +1.11%, pushing the index points to 354.25.
GTB neither confirmed nor denied media reports but admitted it was engaging with regulators on the matter.
The NSE Banking Index made a bullish recovery at the end of the trading session yesterday with 6 profits opposing 4 losses.
Nigerian banks raked in a sum of N216.52 billion from their e-business earnings in the year 2020.
Nairametrics analysed the best banks in Nigeria based on their performance in 2020.
Market capitalization of the top five banks dropped to N2.52 trillion as at close of business on the 4th of March 2021.
Nigerian bourse finished on a near flat note, as Nigerian oil stocks capped Tuesday's bullish run.
Market turnover finished lower compared to the previous trading session, as total volume and values dipped by 40.13% and 38.60% respectively, to 348.21 million units and...
Renaissance Capital Analyst, Soji Solanke, holds that some of the most compelling stock picks lie in the banking sector.
This week, a total turnover of 1.662 billion shares worth N18.205 billion in 28,791 deals were traded by investors on the floor of the Exchange.