GTCO looks overseas after missing N400 billion capital target in Nigeria
Guaranty Trust Holding Company (GTCO), the parent of Guaranty Trust Bank (GTB), says it will to turn to foreign investors after raising only half...
FCMB Group says share offer oversubscribed 33%
FCMB Group Plc, which owns FCMB bank, has announced the successful completion of its public offer, raising ₦147.5 billion with an oversubscription of 33%.
The...
Oando shares hit three-month low amid profit decline, auditor warning
Oando PLC’s stock price has fallen to its lowest in three months, trading at N62.40 by midday today—a 4.59% drop from its previous close...
Global wealth soared to $477 trillion in 2023 on stock market boom
Global net wealth staged a significant recovery of 4.3% in 2023, after a difficult year in 2022. Much of the growth was due to...
Recapitalization: UBA offers shareholders over 17% yield to reinvest dividends
United Bank for Africa Plc (UBA) is offering its shareholders a lucrative opportunity to reinvest their 2023 dividends as the bank seeks funds for...