Despite a challenging macroeconomic environment, several of Nigeria’s leading corporations maintained strong employment numbers in 2024. The top...
The Nigerian equities market wrapped up the trading day ended 17th June 2025 in the red, as the All-Share Index shed 348.61 points to close at 114,910.16, marking a 0.3% decline from the previous close of 115,258.77.
Despite tough macroeconomic conditions, ten commercial banks listed on the Nigerian Exchange (NGX) recorded a total of N3.77 trillion in loan impairment charges spanning full-year 2023, full-year 2024, and the first quarter of 2025.
Employees in Commercial Banks in Nigeria earn much less than their counterparts in other African Countries.
The year 2024 was marked by improved profitability for most commercial banks in the country, marked by a steep increase in interest income on the back of high-interest rate environment, as well as gains from repriced FX assets.
The Nigerian All-Share Index closed the trading day ended 16th May 2025 in positive territory, gaining 242.71 points to reach a high above 109,710.3.
The Nigerian All-Share Index concluded the trading day ended 14th May in the green, gaining 296.73 points to steady above the 109,000 level.
In 2024, Nigeria's top banks reaped the benefits of a volatile but profitable macroeconomic environment, with nine listed banks- Access Holdings, FCMB, Fidelity, First Holdco, GTCO, Stanbic IBTC, UBA, Wema Bank and Zenith, posting a combined profit after tax (PAT) of N4.786 trillion.
As inflation persists and the war for top talent intensifies, Nigerian banks are responding in markedly different ways when it comes to employee pay.
Last week, the Nigerian banking sector made headlines as GTCO became the first Nigerian bank to achieve a...
The Nigerian All-Share Index closed the trading day on 28th March 2025 in the green, rising by 244.24 points to end at 105,670.36.
Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Audited Consolidated and Separate Financial Statements for the year ended December 31, 2024, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE).
