Five tier-1 Nigerian banks—Zenith Bank Plc, United Bank for Africa (UBA) Plc, Access Holdings Plc, Guaranty Trust Holding Company Plc (GTCO), and First Bank Holdings Plc (First Holdco), have reported ...
United Bank of Africa (UBA) has crossed N1 trillion in its net interest income, its highest in thirteen years on rate hikes. The bank’s audited financial result for December 2024 filed with the Nigeri...
The net interest income of four mid-sized banks in Nigeria surged by 78 percent in 2024 compared to a year earlier, a situation driven by the aggressive rate hike by the Central Bank of Nigeria (CBN),...
