All FUGAZ banks surpass the N1 trillion market capitalization for the first time ever
After a remarkable trading day which saw the NGX appreciate by 3.57%, all the tier-1 rated banks in Nigeria have ...
Tag: Nigeria’s tier-1 banks
FUGAZ investors gain N5.9 billion during the week
The Nigerian Exchange Limited (NGX) closed positive week-on-week as ASI appreciated by 0.81% to close at 44,269.18
How tier-1 banks performed in October 2022
Tier-1 banks recorded mixed performances as the equities market lost N2.5 trillion in October
Tier-1 banks weigh down broad market to record loss of N97.29 billion
Majority of the tier-1 banks recorded decline at the end of today’s trading session as UBA, GTCO, ACCESS and ZENITH ...
Tier-1 banks support bearish market stance as market cap drops N83.13 billion
FBNH Plc and GT Holding Co Plc investors initiated sell-offs during the day’s trading session losing 0.85% and 0.62%, respectively ...
FUGAZ stocks investors gain over N15 billion in trading week
The market capitalization of the top five banks, referred to as the Tier-1 banks or FUGAZ, increased to N2.53 trillion ...
Nigeria’s tier-1 banks pay N29.8 billion worth of taxes in Q1 2020
These tier-1 banks may be entitled to tax exemptions in Q2 2020.
Nigeria’s tier-1 banks earn N18.4 billion from account maintenance charges in Q1 2020
Banks' earnings from account maintenance charges, though low when compared to other revenue streams, still make up a significant portion ...
The new income stream that could define success in banking.
Now that more Nigerians are increasingly resorting to digital banking, there is an even greater chance that banks will start ...
Nigeria’s top 5 banks spend more than N40 billion on adverts in 2019
Nigeria’s tier-1 banks spent a combined total of about N44 billion on advertising and sales promotions in full-year 2019.
