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Weekly report: Investors on Nigerian bourse lose N784bn

Over the course of the week, investors on the Nigerian Exchange Ltd. (NGX) equities market lost a total of N784 billion, week-on-week. Specifically, the market capitalisation, which opened the week at N56.296 trillion, shed N784 billion or 1.39 per cent to close the week at N55.512 trillion. The All-Share Index also declined by 1.39 per

Nigeria , Nigerian , Access-holdings-plc , Transnational-corporation-plc , Zenith-bank , United-bank , Fidelity-bank , Thomas-wyatt-plc , Venture-plc , Oando-plc , Livestock-feeds-plc

Investors on Nigerian bourse lose N784bn

Specifically, the market capitalisation, which opened the week at N56.296 trillion, shed N784 billion or 1.39 per cent to close the week at N55.512 trillion.

Nigeria , Nigerian , Abimbola-ogunbanjo , Fidelity-bank , Nigerian-exchange-ltd , Wema-bank , Oando-plc , Thomas-wyatt-plc , Venture-plc , Transnational-corporation-plc , Livestock-feeds-plc , Zenith-bank

Investors on Nigerian bourse lose N784bn — National Accord Newspaper

Investors on Nigerian bourse lose N784bn — National Accord Newspaper
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Nigeria , Nigerian , Access-holdings-plc , Venture-plc , Nigerian-exchange-ltd , Wema-bank , Oando-plc , Livestock-feeds-plc , Thomas-wyatt-plc , United-bank , Transnational-corporation-plc

10 banks operating expenses rise to N3tn

The combined operating expenses of 10 Nigerian banks rose by 42.51 per cent to N3.23tn in 2023 compared to N2.26tn in the previous year, according to The PUNCH findings

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Inflation, Naira devaluation pushed operating cost of 10 Nigerian banks to N3trn in 2023

Amid the rising cost of inflation and Naira devaluation, the combined operating expenses of 10 Nigerian commercial banks rose by 42.51 per cent to N3.23

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Forex revaluation gains bolsters GTCO's profit, earns N1.187trn in 2023 – Blueprint Newspapers Limited

Forex revaluation gains bolsters GTCO's profit, earns N1.187trn in 2023 – Blueprint Newspapers Limited
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Access, GTB, Zenith, 7 Other Leading Banks Spend N3.2 Trillion to Operate in Nigeria

The combined operating expenses of ten Nigerian banks experienced a substantial increase, reaching N3.23tn in 2023, compared to N2.26tn in 2022...

Nigeria , Nigerian , Asset-management-corporation-of-nigeria , Nigerian-exchange , Wema-bank , Zenith-bank , Guaranty-trust-holding-company , Sterling-financial-holding , Sterling-holdings , United-bank , Fidelity-bank

GTCO reports N539.6 billion profit in 2023

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Nigeria Banks' Cash Reserves to Slow Loan Growth for Top Lenders

Nigeria Banks' Cash Reserves to Slow Loan Growth for Top Lenders
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Lagos , Nigeria , Ghana , South-africa , Kenya , Nigerian , Tunde-abidoye , Yvonne-mhango , Access-bank , Access-holdings-plc , Access-holdings , Zenith-bank-plc

After Otedola Emerged Chairman, FBN Holdings Becomes Nigeria's Biggest Lender by Market Cap

On Monday, February 16, FBN Holdings, the parent company of First Bank, the oldest commercial bank in Nigeria, achieved its highest valuation to date.

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