Economy

Access Holdings Q1 Profit Rises to ₦216.54 Billion as Impairment Charges Surge, Earnings Quality Remains Under Pressure

Access Holdings Plc reported a profit after tax of ₦216.54 billion for the first quarter ended March 31, 2026, representing…

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Access Holdings Reports ₦743.05 Billion Profit as Impairment Charges Rise, Comprehensive Income Drops Sharply

Access Holdings Plc reported a profit after tax of ₦743.05 billion for the year ended December 31, 2025, representing a…

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FCMB Flags Delay in Q1 Results as CBN Approval for 2025 Accounts Remains Pending

FCMB Group Plc has announced a delay in the release of its Q1 2026 unaudited financial statements, citing pending regulatory…

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Wema Bank Profit Rises to ₦63.13 Billion as Interest Income Drives Strong Q1 2026 Performance

Wema Bank Plc reported a profit after tax of ₦63.13 billion for the first quarter (Q1) ended March 31, 2026,…

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Guaranty Trust Holding Company (GTCO) Q1 Profit Falls to ₦218 Billion Despite ₦984 Billion Asset Growth

Guaranty Trust Holding Company (GTCO) delivered a mixed financial performance for the first quarter ended March 31, 2026, with strong balance…

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Aliko Dangote Urges Africa to End Raw Material Exports as Industrialisation Push Gains Momentum

Aliko Dangote has called on African countries to halt the export of raw materials without value addition and warned that…

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Ecobank Group Grows Profit to $142.5 Million in Q1 2026 as Revenue Rises 23%

Ecobank Group reported a solid first-quarter performance for 2026 with profit after tax rising to $142.5 million, supported by strong…

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Zenith Bank Plc Opens Côte d’Ivoire Unit, Targets WAEMU Trade and Investment Flows

The official opening ceremony, scheduled to hold on Wednesday, April 29, 2026, is expected to attract senior government officials and…

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United Bank for Africa Plc Reports ₦801.5bn Gross Earnings in Q1 2026 as Core Income Expands

United Bank for Africa Plc has reported gross earnings of ₦801.5 billion for the first quarter (Q1) ended March 31,…

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Lagos IGR Rises 45% to ₦1.3 Trillion, Sanwo-Olu Advocates Autonomy for Revenue Authorities

Babajide Sanwo-Olu has commended the performance of the Lagos State Internal Revenue Service (LIRS) following a 45 percent increase in…

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