Growth slowed in the Nigerian private sector at the end of the first quarter of the year as higher fuel costs led to a steep intensification of inflationary pressures. Output growth was only modest, but underlying demand reportedly remained resilient, leading to a further sharp rise in new orders. In […]
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FirstBank Sponsors Samuel Okwaraji U-16 Football Championship 2026, Promotes Education Through School Sports
April 13, 2026/FirstBank of Nigeria FirstBank, the premier bank in West Africa and a leading financial inclusion service provider, is thrilled to announce its sponsorship of the maiden edition of the Samuel Okwaraji Under 16 Football Championship, a nationwide youth football tournament organised to honour the late Samuel Okwaraji, one […]
GTCO 2025FY: Normalization of Non Core Gains Weighs on Earnings
April 1, 2026/Cordros Report Guaranty Trust Holding Company Plc (GTCO) released its audited 2025FY results yesterday, reporting a 28.2% y/y decline in earnings per share (EPS) to NGN25.43/s (2024FY: NGN35.44/s). The earnings decline reflects the normalization of fair value gains, compounded by share capital dilution from the issuance of 5.17 […]
