LAGOS.02.06.23. Nigeria’s retail lender Unity Bank Plc has posted a Profit Before Tax of N1.1 billion for its full-year results that ended Dec 2022, even as its gross earnings rose by 13.1% to N57 billion from N50.2 billion in the corresponding period of 2021. The Bank in...
Nigerian billionaire businessman, Femi Otedola, has opened up on his long-time business relationship with Tony Elumelu, Transcorp Plc Chairman, alleging that the founder of Tony Elumelu Foundation betrayed him on different occasions. Otedola made the revelation while speaking on how his move to buy Transcorp, a conglomerate whose 5.5 per...
With a 32% year-to-date appreciation in value, Fidelity Bank Plc’s shares have emerged Nigeria’s best performing year -to-date bank share. This is according to a recently published Bloomberg article. Speaking with the platform’s journalist, MD/CEO, Fidelity Bank Plc, Mrs. Nneka Onyeali-Ikpe shed light on the 35-year-old institution’s business expansion plans...
At the 32nd Annual General Meeting (AGM) of Zenith Bank Plc, held virtually from the Civic Centre, Victoria Island, Lagos, on Tuesday, 2 May 2023, shareholders of the bank unanimously approved the proposed final dividend payment of NGN2.90 per share. This brings the total dividend for the 2022 financial...
In an increasingly uncertain macroeconomic environment, Fidelity Bank Plc has remained appealing in the banking sector. This is evident in its full year 2022 financial results which showed a better-than-expected performance amid the headwinds in the economy. Specifically, in the full year 2022 results, Fidelity Bank’s gross earnings increased to...
Zenith Bank Plc has announced its unaudited results for the first quarter ending 31st March 2023, with an exceptional double-digit growth of 41% in Gross Earnings, increasing from ₦191.5 billion in Q1 2022 to ₦270 billion in Q1 2023. The unaudited statement of account submitted to the Nigerian Exchange (NGX)...
… with impressive FY’22 financials Fidelity Bank Plc has released its audited financial statements (AFS) for the year ended December 31, 2022 which showed the bank’s impressive growth across key top-to-bottom line figures. The full year 2022 scorecard The bank’s financial results released to the investing public at the Nigeria...
…… Declares total dividend of 50K per share Lagos, Nigeria, April 27, 2023: Fidelity Bank Plc, a leading financial institution released its 2022 Audited Financial Statements on the Nigerian bourse today. The results showed a 34.4% growth in Gross Earnings YoY to N337.1bn, driven by 45.2% growth in interest and...
Wema Bank Plc, Nigeria's most innovative bank, has delivered a stellar fourth quarter 2022 performance and continues its evolution into an unrivalled market leader and efficient bank. According to a press statement issued by the bank in respect of its audited financial results for the period ended December 31, 2022,...