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Access Holdings Drops, Stanbic IBTC Rises On Nigeria’s Trillion-Naira Bank List

The number of banks worth over a trillion naira in the stock market has increased from five to seven on Wednesday, June 25, as Fidelity Bank joined the list after its market capitalisation hit N1 trillion at the end of trading. According

June 26, 2025

Business·Top Stories

Nigerian Stock Market Cap Extends Decline With N183.30bn Loss

On Tuesday, June 17, the equity capitalisation of the Nigerian stock market dropped to N72.49 trillion, from N72.68 trillion posted on Monday, June 16, indicating a decrease of N183.30 billion. The 0.30 per cent decline in the equity capitalisation was driven by

June 17, 2025

UNGA: What Tony Elumelu Says About President Tinubu’s NASDAQ Bell Ringing-VIDEO

Business·Top Stories

Tony Elumelu’s Investment in UBA Increases To N133bn After Acquiring 1.26bn Shares

Tony Elumelu, the chairman of the United Bank for Africa (UBA), has increased his stake in the financial institution to per cent, according to Prime Business Africa’s analysis. In a ‘Dealing by insider’ document released by UBA on Monday, June 2, the

June 3, 2025

Why Public, Private Sector Must Prioritize Investments In Innovation To Improve Healthcare - Elumelu

Business·Top Stories

Tony Elumelu Increases Stake In UBA With N1.54bn Shares

Tony Elumelu, the chairman of the United Bank for Africa (UBA), has bought new shares in the lender to increase his stake from 6.19 per cent to 6.30 per cent, according to Prime Business Africa’s analysis. In a ‘Dealng by an insider’

May 28, 2025

Business·Top Stories

Interest On Deposits Cuts Into UBA’s Earnings

The interest income of the United Bank for Africa (UBA) grew to N599.83 billion in the first quarter (Q1) of 2025, up by 36.08 per cent from N440,76 billion in the corresponding period last year. However, the interest income on loans advanced

May 14, 2025

Business·Top Stories

Top Five Most Valuable Banks In Nigeria

The Guaranty Trust Holding Company (GTCO), Zenith Bank, United Bank for Africa (UBA), Access Holdings and First HoldCo are the top five most valuable banks in Nigeria. According to Prime Business Africa’s analysis, the banks, with a combined market capitalisation of N7.46

April 30, 2025

Business·News

Anger Trails Banks’ Super Profits In The Midst Of Poverty, Spurious Bank Charges

Coming across to Nigerians as oases of plenty in a desert of need, Nigerian banks have come under heavy criticism for declaring super profits despite rising inflation and widespread poverty. The outcry has intensified with allegations of spurious bank charges that further

June 18, 2024

Business·News

Zenith Bank, Access, UBA, FBNH, GTCO, 5 Others’ Assets Rise To N140.3trn In Q1 2024

Major Banks Report Significant Growth As Nigeria targets a $1 trillion economy within the next five years, the country’s banking sector is showing substantial progress. Ten prominent Nigerian banks have reported combined assets of N140.3 trillion for the first quarter of 2024,

June 18, 2024

Business·Finance & Economy

Banks’ Recapitalisation Will Strengthen Nigeria’s Economy – UBA GMD

Group Managing Director of United Bank for Africa PLC, Mr Oliver Alawuba, has underscored the critical role of banks’ recapitalisation in strengthening Nigeria’s economy. Prime Business Africa recalls that the Central Bank of Nigeria (CBN) had in March ending, directed all banks

May 21, 2024

Business·News

UBA Counts Achievements At 75, Envisions To Be Role Model For African Businesses

As the United Bank for Africa (UBA) marks its 75th anniversary this year the pan-African bank has taken an introspection into the remarkable milestones in its transformative journey and looks forward to becoming a role model to African businesses. The bank which

May 20, 2024

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Access Holdings Drops, Stanbic IBTC Rises On Nigeria’s Trillion-Naira Bank List

Nigerian Stock Market Cap Extends Decline With N183.30bn Loss

Tony Elumelu’s Investment in UBA Increases To N133bn After Acquiring 1.26bn Shares

Tony Elumelu Increases Stake In UBA With N1.54bn Shares

Interest On Deposits Cuts Into UBA’s Earnings

Top Five Most Valuable Banks In Nigeria

Anger Trails Banks’ Super Profits In The Midst Of Poverty, Spurious Bank Charges

Zenith Bank, Access, UBA, FBNH, GTCO, 5 Others’ Assets Rise To N140.3trn In Q1 2024

Banks’ Recapitalisation Will Strengthen Nigeria’s Economy – UBA GMD

UBA Counts Achievements At 75, Envisions To Be Role Model For African Businesses

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