12 Banks Earned N461.51bn Interest In Three Months       Twelve commercial banks in Nigeria earned a total of N461.51bn in net interest income in the first three months of this year, up from N451.14bn in the same period of 2020. An analysis of data from their unaudited...

Five Major Banks Post N680bn Bad Loans       Five of the major banks in the country, also known as Tier-1 banks have posted whopping N683bn non-performing loans in the 2020 financial year. According to the financial reports of the banks, released in April this year to the...

Despite COVID-19 Disruptions, Banks Attract N37trn Deposits         Despite the disruptive impact of the COVID-19 and the attendant lockdown, the nine months 2020 financial results of 13 commercial banks have shown that they raked in a total of N36.759 trillion as customers’ deposits. This represented an increase...

Stock Investors Gain N390bn, Market Cap Almost N19trn         Equity trading on the floor of the Nigerian Stock Exchange, on Thursday, closed on a positive note with a gain of N390bn as the bulls recaptured trading activities. The key market performance indices, NSE All-Share Index, appreciated by...

Stock Market Sustain Positive Sentiment With N140bn Gain       Nigerian stocks, on Wednesday, sustained its positive outlook for the third day as the All-Share Index and market capitalisation rose further by 0.76 per cent each. Market watchers attributed the development to renewed confidence as bargain hunters continued...

Stock Market Extends Gain With N199bn       Trading activities on the equity market, on Tuesday, closed on a positive note as the Nigerian Stock Exchange All-Share Index appreciated by 1.09 per cent. The market breadth closed positive with 29 gainers against 14 losers. The All-Share Index gained 381.78...