The group also recorded a higher average earnings yield of 16.71% due to growth in loan volume and other earning assets for the year.

In terms of revenue, the quarterly figure decreased to N63.5 billion, down from N81.4 billion reported in the previous year.

Interest and discount income reached N621.5 billion, reflecting a robust 75.08% year-over-year growth from N354.9 billion in the previous year.

The official exchange rate has been on an appreciating trend following the launch of the CBN Foreign Exchange Code this week.

He also projected that diaspora remittances would rise to N31.79tn when fourth-quarter figures for 2024 are released.

The EU ambassador to Nigeria described the financial support as a major step in improving EU-Nigeria trade relations.

“ARGPON’s efforts are to prepare, educate, and support local raw gin distillers in relation to the incoming Federal Government’s policy on sales/distribution of alcoholic contents in which ARGPON was ...

French-born Weber oversaw a reorientation that included the $62 billion acquisition of British rival Shire in 2019.

Sales rose 11.8 percent to 75.78 trillion won and net profit rose 22.2 percent to 7.75 trillion won, topping forecasts.

Most Asian markets edged up Friday at the end of a week beset by volatility after China’s DeepSeek unveiled a groundbreaking chatbot, while sentiment was dampened after Donald Trump confirmed he hit ...

Trump had previously threatened 100 per cent tariffs on BRICS nations — a bloc including Brazil, Russia, India, China and South Africa — if they create a rival to the US dolla ...

Issues of unity of the party will discussed ahead of the National Executive Council meeting called by the party’s Board of Trustees.