Nigerian Banks Reap Significant FX Gains Amidst Naira Devaluation
Nigeria’s leading commercial banks have reported substantial foreign exchange (FX) revaluation gains, amassing a combined total of N3.37 trillion in ...
Tag: UBA
Nigerian Tier-1 Banks Earn N392 Billion from E-Business in 2023
In 2023, Nigeria's leading banks collectively generated N392 billion from electronic business, driven by a shift towards cashless transactions encouraged ...
CBN and SEC Impose Fines on Banks Totaling N678 Million
Nine financial institutions in Nigeria paid fines totaling N678 million in 2023 for regulatory violations, a significant decrease from the ...
FBNH, UBA, GTCO, Access Bank Drop Out of Trillion Naira Market Cap Club
Nigerian banks faced a challenging April, marked by losses across major banking stocks, coinciding with the first month-to-date decline in ...
Afreximbank and UBA Disburse $2.25bn of $3.3bn Oil-for-Cash Loan to NNPC
In a collaborative effort, the African Export-Import Bank (Afreximbank) and the United Bank for Africa (UBA) have successfully disbursed $2.25 ...
CBN Suspends Access Bank, Zenith, UBA, and Others From Issuing New Loans.
The Central Bank of Nigeria (CBN) has mandated commercial banks, including Access Bank, Zenith, UBA, and others, to take charge ...
Nigeria Market Highlights: Japaul Gold Ventures Leads Most Active Gainers, FCMB Surges By 7.03%
In today's market activity, several stocks stood out as the most active, with notable gainers and a few experiencing losses. ...
Access Bank, Zenith Bank among others Report Robust Profits Despite Economic Challenges
Nigeria's banking sector has displayed remarkable resilience and financial strength, with at least six of the top banks in the ...
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