October 31, 2025/Cordros Report First HoldCo Plc (FIRSTHOLDCO) published its unaudited 9M-25 results, reporting a 27.3% y/y dip in EPS to NGN10.65 (9M-24: NGN14.64). The preceding was buoyed by the 49.1% y/y decline in the HoldCo’s non-interest income. Interest income rose 40.4% y/y to NGN2.29 trillion, driven by stronger returns […]

September 26, 2025/Chain Reactions Rising from a court-ordered Extraordinary General Meeting (EGM) on Friday, the shareholders and Boards of Directors of Providus Bank and Unity Bank have given their resounding approval to proceed with the business combination of the two financial institutions. The nod to go ahead by the boards […]

August 22, 2025 By Blaise Udunze  When the Nigerian government scrapped the decades-old fuel subsidy in 2023, it promised relief for the nation’s bleeding finances. Nearly $10 billion was to be freed up annually, and by scrapping it, President Bola Tinubu’s administration projected that the fiscal space created could be […]