30 C
Lagos, South Africa and New York
Tuesday, November 24, 2020

Sterling Bank grows trading income by 265% in 3rd Quarter, despite Covid-19 –CEO

By Itohan Abara-Laserian Lagos, Nov. 20, 2020 Sterling Bank Plc has reported a trading income of N7.1 billion for the third quarter (Q3) ended Sept. 30, compared with N1.9 billion achieved in the corresponding period in 2019, notwithstanding the uncertainties caused by the COVID-19 pandemic...

Q3 2020: UBA Grows Gross Earnings to N454.4 Billion, Delivers N90.4 billion PBT

United Bank for Africa (UBA) Plc, the Pan African financial institution, has announced commendable performance in its unaudited 2020 Third Quarter Financial Results, with impressive growth in Gross Earnings, which rose to N454.4 billion, up from N428.7billion recorded in September 2019. According to the report...

Access Bank Declares N102bn PAT in Q3 2020 Unaudited Results

Access Bank Plc released its Q3 2020 Unaudited results for the period ended September 30th, 2020. Key Highlights Gross Earnings grew by 15.4% to N593bn from N514bn in the previous quarter. Profit before tax grew by 15.7% to N117bn. Profit after tax grew by 15.7% to N102bn. Net Assets...

Access Bank recognised as ‘Best Digital Bank in Africa’ 2020

For its continued investment in digital innovation, Africa’s largest retail bank, Access Bank PLC has been recognized as the ‘Best Digital Bank in Africa’ by Asian Banker. The announcement was made at the Asian Banker Middle East and Africa Regional 2020 Awards virtual ceremony. Access Bank,...

GTBank Reports Profit before Tax of ₦167.4 Billion for Q3

Guaranty Trust Bank plc has released its unaudited financial results for the period ended September 30, 2020 to the Nigerian and London Stock Exchanges. The 3rd Quarter result shows improved performance across key financial metrics, reaffirming the Bank’s capability to navigate the current economic challenges...

Gateway Mortgage Bank Unveils 4th Branch in Ogun State

Gateway Mortgage Bank Limited, an Ogun State-owned financial institution, has opened a new branch in Sagamu in the state. This is the 4th branch, after the existing Mowe and Ota branches, as well as the corporate headquarters in Abeokuta. Gateway Mortgage Bank Unveils 4th Branch in...

Union Bank reports 1% rise in Profit After Tax to ₦15.5Bn in Q3 2020

LAGOS, NIGERIA – November 18, 2020 – Union Bank, one of Nigeria’s longest-standing and most respected financial institutions, announces its unaudited financial statements for the quarter ended September 30, 2020. Bank Financial Highlights: Profit before tax: up 2% to ₦15.9bn (from ₦15.5bn...

LEKOIL Announces the Resignation of Strand Hanson Limited as its Nominated Adviser

LEKOIL, the oil and gas exploration and production company with a focus on Nigeria and West Africa, announces that Strand Hanson Limited has resigned as the Company’s Nominated Adviser with effect from close of business on Friday 20 November 2020. LEKOIL confirms that it is...

Afreximbank’s African commodity index declines moderately in Q3-2020

By Folasade Akpan Abuja, Nov. 18, 2020 The African Export-Import Bank (Afreximbank) says that in its Quarter Three 2020 (Q3-2020) reading of the Afreximbank African Commodity Index (AACI), its composite index fell marginally by one per cent quarter-on-quarter. It made this known in a statement issued...

FirstBank promotes financial inclusion amongst children with kids first and mefirst accounts

First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced its variant account products – KidsFirst and MeFirst – created to encourage the right savings culture among children from 0 – 17 years. The offerings have relevant enhancements including appropriate...
WP to LinkedIn Auto Publish Powered By : XYZScripts.com
Open chat
Discuss your story with us