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Earnings Report| GTCO down on profitability despite increase in top line

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TUE, 06 SEPT, 2022-theGBJournal| Guaranty Trust Holding Company Plc (GTCO Plc) released its H1-22 audited financials Monday, which showed that the HoldCo recorded a...

CBN gives Fidelity Bank free rein in its proposed acquisition of...

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WED, 31 AUG, 2022-theGBJournal| Fidelity Bank Plc has confirmed that the Central Bank of Nigeria has issued a letter of ‘’No Objection’’ to its...

Union Bank of Nigeria Plc reports stellar earnings in H1-22

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FRI, 29 JULY, 2022-theGBJournal| Union Bank of Nigeria Plc, one of Nigeria’s long-standing and most respected financial institutions, published its unaudited financial statements for...

Ecobank wins the coveted Africa’s Best Bank, Africa’s Best Bank for...

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…The award trophies were presented at the Euromoney Awards for Excellence ceremony held in London on Wednesday, 13 July 2022 MON, 18 JULY, 2022-theGBJournal| During...

UBA Group expands footprint to Dubai, the United Arab Emirate

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FRI, 15 JULY, 2022-theGBJournal| United Bank for Africa Plc, (UBA) the multinational financial services group and Africa’s global bank with headquarters in Lagos, Nigeria,...

Fitch affirms Ecobank Nigeria at ‘B-‘, outlook stable

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THUR, 23 JUNE, 2022-theGBJournal| Fitch Ratings has affirmed Ecobank Nigeria Limited's (ENG) Long-Term Issuer Default Rating (IDR) at 'B-' with a Stable Outlook. Fitch...

UBA Plc redeems its debut $500 million 5-year Eurobond notes

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THUR, 09 JUNE, 2022-theGBJournal| The United Bank for Africa (UBA) announced Wednesday that it has  its debut $500 million 5-year Eurobond notes with the...

Access Bank Plc to acquire 83.4% stake of Kenya’s Sidian Bank...

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WED, 08 JUNE, 2022-theGBJournal| Access Bank Plc has entered into a binding agreement with Kenyan-based Centum Investment Plc (Centum) for the acquisition of the...

Zenith Bank redeems its $500 million Eurobond

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WED, 01 JUNE, 2022-theGBJournal| Zenith Bank Plc, Nigeria’s largest and Africa’s twelfth largest bank by Tier 1 capital, has redeemed the balance of $107.4...

African Development Bank Group launches dedicated Trust Fund for circular economy

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…The circular economy is a model of production and consumption that involves sharing, leasing, reusing, repairing, refurbishing and recycling existing materials and products as...