March 28, 2025/United Capital Research Anglophone West Africa (WAEMU) Nigeria Benin, Togo owe Nigeria $8.8m electricity debt Benin Republic and Togo owe Nigeria $8.84mn for the electricity consumed in Q4-2024. Additionally, the six international bilateral customers being supplied by Gencos in the Nigerian electricity supply industry “made a payment of […]
Author: InvestAdvocate
GTCO 2024FY: Strong Earnings Underpin Industry-Leading CAR and Dividend yield
March 28, 2025/Cordros Report Guaranty Trust Holding Company Plc (GTCO) published their 2024FY audited financials today (28 March), reporting a net profit of NGN1.02 trillion (2023FY: NGN539.65 billion), translating to an earnings per share of NGN35.44 (2023FY: NGN19.07). The group’s performance was driven by the sturdy growth in both interest […]
Agencies Announce Intent to Rescind 2023 Community Reinvestment Act Final Rule
March 28, 2025/US Federal Reserve The federal bank regulatory agencies today announced, in light of pending litigation, their intent to issue a proposal to both rescind the Community Reinvestment Act (CRA) final rule issued in October 2023 and reinstate the CRA framework that existed prior to the October 2023 final […]
