Money Market

FirstBank Bounces Back to its Leadership Position, Delivers a Fantastic Performance in 2021

May 27, 2022 As financial market analysts continue to digest the 2021 financial results of the FirstBank Limited, which they say reflect the return of the banking conglomerate to its leadership position, Festus Akanbi writes that the regime of strong fundamentals which the robust performance represents is in tandem with […]

UBA set to Reward Loyal Customers in Super Savers Draw

May 26, 2022/UBA Plc New Set of UBA Customers to become Millionaires in Super Savers Promo Africa’s Global Bank, the United Bank for Africa (UBA) Plc, is set to reward several of its loyal customers in its upcoming Super Savers Draw which will be held on Friday, May 27th at […]

FBN Holdings Plc_ FY 2021: Recoveries Aid Significant Profit Growth

May 26, 2022/CSL Research FBNH released its long-awaited FY 2021 AUDITED numbers. The group saw a significant jump in pre-tax profits (up 99.1% y/y to N166.7bn) mainly due to recoveries totaling N141.obn including the famous Atlantic Energy loan which had been written off. Though Net Interest Income weakened (down 9.3%y/y) […]