Top Stories - Page 3

First Bank Changes Names Of Its Subsidiaries In UK, Some Sub-Saharan African Countries

First HoldCo’s Profit Up By 118% As FX Loss Drops To N64.94bn

The gross earnings of First HoldCo increased to N3.21 trillion in 2024, which is 105.70 per cent higher than the N1.56 trillion the company reported the previous year. According to First HoldCo’s

Prime Business Africa

April 22, 2025

Business·Top Stories

Zenith Bank loses N5.26 billion to fraudsters

Zenith Bank recorded 497 fraud incidents in 2024, which are valued at N7.74 billion or $62 million. According to the company’s financial statements for the year ended December 31, 2024, the fraud

Prime Business Africa

April 21, 2025

Femi Otedola Issues New Statement After Reports Of Transcorp Plc Acquisition

Business·Top Stories

Femi Otedola’s Investment In First HoldCo Now N104bn – After Buying 2.2bn Shares

The value of investment Femi Otedola, Nigerian billionaire, has in First Bank of Nigeria (FBN) parent company, First HoldCo, is N104.15 billion as of April 17. According to an analysis of his

Prime Business Africa

April 21, 2025

Zenith Bank Records 117% Gross Earnings Growth In H1 2024

Business·Top Stories

Zenith Bank Generates N3.97trn Revenue In One Year – Up By 86.27%

Zenith Bank generated N3.97 trillion revenue last year, according to the company’s consolidated and separate statements for the year ended December 31, 2024. The financial institution recorded 86.27 percent growth in its

Prime Business Africa

April 21, 2025

How Loss Of Over $5 Trillion In U.S. Stock Exchange Affects Nigeria

Business·Top Stories

N43bn Shares Traded In Four Days As Stock Market Closes For Easter Celebration

The Nigerian stock market traded for four days this week due to the public holidays slated for Friday, April 18, and Monday, April 21, to commemorate the 2025 Easter celebration. Between Monday,

Prime Business Africa

April 18, 2025

Business·Top Stories

NEM Insurance Posts N97.96bn Revenue, Net Income Up By 30%

NEM Insurance had an impressive financial year in 2024, with revenue rising by 88 percent after generating N97.96 billion, up from N52.11 billion recorded in 2023. However, incurred claims and claims handling

Prime Business Africa

April 18, 2025

Top Five Performing Insurance Companies In Nigeria By Revenue Growth

Business·Top Stories

AXA Mansard, NEM, Cornerstone… 10 Largest Insurance Companies In Nigeria

The value of the insurance industry fell by N61.08 billion or 10.07 percent in the first quarter (Q1) of 2025, according to an analysis of the market valuation of 20 publicly listed

Prime Business Africa

April 18, 2025

Business·Top Stories

Sunu Assurances’ Investors End Q1 With N29bn Loss

Shareholders of Sunu Assurances were left without profit at the end of the first quarter (Q1) of 2025 after stock market investors snubbed the company’s shares amid bearish sentiments. Prime Business Africa’s

Prime Business Africa

April 17, 2025

Real Estate·Top Stories

Seven Reasons Real Estate In Lagos Is Still Hot Investment

Despite global economic uncertainties, real estate in Lagos continues to present compelling opportunities for investors looking to enter the Nigerian property market. As Africa’s largest city and Nigeria’s commercial nerve centre, Lagos

Elsie Udoh

April 6, 2025

Business·Finance & Economy·Top Stories

Five Ways Naira Is Bouncing Back Despite The Odds

After years of volatility and depreciation, Nigeria’s currency is showing surprising resilience in 2025. Despite persistent economic challenges, the naira has demonstrated unexpected stability and even signs of recovery in recent months.

Elsie Udoh

April 5, 2025

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Top Stories - Page 3

First HoldCo’s Profit Up By 118% As FX Loss Drops To N64.94bn

Zenith Bank loses N5.26 billion to fraudsters

Femi Otedola’s Investment In First HoldCo Now N104bn – After Buying 2.2bn Shares

Zenith Bank Generates N3.97trn Revenue In One Year – Up By 86.27%

N43bn Shares Traded In Four Days As Stock Market Closes For Easter Celebration

NEM Insurance Posts N97.96bn Revenue, Net Income Up By 30%

AXA Mansard, NEM, Cornerstone… 10 Largest Insurance Companies In Nigeria

Sunu Assurances’ Investors End Q1 With N29bn Loss

Seven Reasons Real Estate In Lagos Is Still Hot Investment

Five Ways Naira Is Bouncing Back Despite The Odds

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