Ecobank Group Plc has announced its audited financial results for the 2024 fiscal year, reporting a 16 per cent increase in profit after tax (PAT) attributable to shareholders, reaching $333 million. This growth was driven by strong fee and commission income, operational efficiencies, reduced impairment charges on other […]
Category: Exclusives
Exclusives
Zenith Bank Gross Earnings Hits N3.97 trillion in 2024
Zenith Bank Plc has announced its audited financial results for the year ended December 31, 2024, delivering significant growth across key performance indicators. The Bank’s impressive performance reflects effective management and pricing of its risk assets, as well as an optimized treasury portfolio, reinforcing its position as a leader in […]
Despite Growth, Poverty in Africa Rises to 468m – ECA Report
Poverty levels in Africa have continued to rise, despite economic growth projections, with the number of people living in extreme poverty increasing to an estimated 468m, according to the latest Economic Report on Africa (ERA) by the Economic Commission for Africa (ECA). The report forecasts a gradual […]
Nigeria, OECD Partner On Economic Growth, Illicit Financial Flows
The Federal Ministry of Finance has forged a strategic alliance with the Organisation for Economic Co-operation and Development (OECD) to combat illicit financial flows and strengthen Nigeria’s economic growth framework. This collaboration marks a significant step in strengthening the country’s financial framework and reinforcing global partnerships for […]
UBA Grows PAT To N766.6bn, Declares N3.00 Kobo Final Dividend
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has released its audited financial results for the full year ended December 31, 2024. The 2024 financials, filed with the Nigerian Exchange Limited (NGx) on Monday, showed a rise in the bank’s profit after tax which went […]
Access Bank Celebrates Women Leaders at IWD Conference 2025
Access Bank has announced that it will be honouring the distinguished Power of 100 awardees at its upcoming International Women’s Day (IWD) Conference. The event, scheduled to take place on March 28, 2025, will celebrate the achievements of exceptional women who have demonstrated outstanding leadership, innovation, and impact […]
Hydrogen Donates Solar-Powered System To Lagos School
Hydrogen Payment Services Company Limited (Hydrogen), a subsidiary of Access Holdings Plc in collaboration with the Lagos State Ministry of Education, has donated a 5KVA solar-powered inverter system to Ikosi Senior High School, Ketu. The initiative provides a clean, renewable energy source dedicated to ensuring sustainable access […]
Africa Prudential Reports 95% PBT Growth In 2024
Africa Prudential Plc, a leading share registration and business solutions provider listed on the Nigerian Exchange Group (NGX), has announced a ₦1.2 billion total dividend payout following an outstanding financial performance in 2024. The company’s Profit After Tax (PAT) surged by 88%, rising from ₦962.9 million in […]
Access Bank Champions Stronger Alliances to Propel Intra-Africa Trade at Inaugural Africa Trade Conference
Access Bank Plc convened leading policymakers, business executives, and industry stakeholders in Cape Town for the maiden Africa Trade Conference, a platform dedicated to unlocking the continent’s vast trade potential. The conference serves as a strategic response to the shifting global trade landscape, emphasising Africa’s need to build […]
Lagos Approves FirstBank’s 40-Storey Headquarters At Eko Atlantic City
The Lagos State Government has officially granted approval to FirstBank Group for the construction of its state-of-the-art, eco-friendly headquarters in Eko Atlantic City. Governor Babajide Sanwo-Olu presented the certificate of approval during a groundbreaking ceremony held on Wednesday, marking the commencement of what will be Nigeria’s tallest building. […]