JAIZ Bank Records 24% Profit Growth, to Raise Additional N150bn Capital   JAIZ Bank Plc has reported a robust performance in its 2025 financial year, with a 24% growth in gross earnings for the year ended December 31, 2025. Briefing journalists at the end of its 14th...

Afreximbank Posts $1.15bn Profit as Assets Hit N56.7trn The African Export-Import Bank has reported a stellar financial performance for the 2025 fiscal year, characterised by significant bottom-line growth and a massive expansion of its balance sheet to support trade across the continent. The bank’s net profit...

NNPC Reports N5.7trn Profit, N60.5trn Revenue in 2025   The Nigerian National Petroleum Company LimitedNNPC) recorded a profit after tax of N5.76tn and total revenue of N60.517tn for the 2025 financial year, even as crude oil and condensate production declined to 1.54 million barrels per day...

Nigeria Infrastructure Debt Fund Records N23.63bn Profit   The Nigeria Infrastructure Debt Fund has reported a profit of N23.63bn for the year ended 31 December 2025, up from N19.59bn recorded in the same period in 2024. The fund, which invests in infrastructure loans across the country,...

CBN's 27% Rate Cut Will Squeeze Banks' Margins - Moody's   Global ratings agency Moody’s Investors Service has warned that Nigeria’s banking sector faces fresh profitability risks after the Central Bank of Nigeria (CBN) cut its benchmark Monetary Policy Rate to 27% from 27.5%. The CBN said...

Oando Plc, a Nigerian energy company, has recently reported a 44% decline in its half-year profit to N62.6bn from N112.45bn which was recorded as of half-year 2023.