November 18, 2024/Cordros Report The financial performance of Guaranty Trust Holding Company Plc (GTCO) in 9M-24 was impressive, with the HoldCo’s earnings crossing NGN1.00 trillion mark. The performance was driven by the strong growth across the group’s core and non-core income lines, reflective of the high interest rate environment and […]
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Unity Bank to Boost Savings Culture with New App as MD Tasks Students at World Savings Day
November 18, 2024/Unity Bank Plc In a bid to promote a savings culture and enhance financial literacy among young Nigerians, Unity Bank Plc has announced plans to launch a new app for children and teenagers designed to empower users to achieve their financial goals. The announcement was made during the […]
FBN Holdings Plc 9M-24: Solid Funded and Non-Funded Income to Sustain Topline Growth
November 18, 2024/Cordros Report In this report, we update our views on FBN Holdings Plc (FBNH). FBNH reported a 125.1% y/y surge in EPS in their recently released 9M-24 financials, driven by substantial increases across the group’s core (+164.6% y/y) and non-core (+82.4% y/y) income lines. The significant growth in […]
