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GTCO HOLDINGS - ANALYSIS
UBA's H1 2020 result is yet another demonstration of the resilience of its business model.
PWC earned N1.24 billion, while EY got only N282 million from the total.
Bank's strategy of increasing gains while seeking out ways to decrease its losses is on a true course to growth.
Why the biggest banks in Nigeria are too big to fail.
Okomu Oil has its tires on the track and is not slowing down.
Top on the list of the company’s challenges is that it is over-due for a rebrand.
Its Q1 2020 interim report, revealed a 30% decline across its revenues streams.
Between 2012 and 2017 the naira has depreciated by 30% compounded annually.
Now that more Nigerians are increasingly resorting to digital banking, there is an even greater chance that banks will start earning more income from e-banking fees. Experts agree to this
The likely cost of treating victims of COVID-19 is not child's play.
The banking sector may experience another wave of consolidation as there have been rumours that some Tier 1 banks may be acquiring smaller banks.
Data from four of the Tier 1 banks in Nigeria revealed that PwC and KPMG earned N3.17 billion as audit fees for the year ended December 2019.