GTCO Reports ₦603.03bn Profit Before Tax in Half-Year 2026
Guaranty Trust Holding Company Plc (GTCO) reported ₦603.03 billion in profit before tax (PBT) for the six months ended June...
Tag Archives: #Banking
CBN Prepares to Mop Up ₦4.69tn as Banking-System Liquidity Rises
The Central Bank of Nigeria (CBN) is preparing to withdraw about ₦4.69 trillion from the banking system following a sharp...
CBN Moves to Mop Up ₦4.69tn From Banking System
The Central Bank of Nigeria (CBN) is set to withdraw about ₦4.69 trillion from the banking system following the settlement...
Five Nigerian banks’ assets rise to ₦20.47tn as H1 profit hits ₦338.4bn
Five Nigerian mid-sized banks recorded combined total assets of ₦20.47tn in the first half of 2026, while their aggregate profit...
CBN faces ₦8.57tn liquidity surge as OMO bills mature
Nigeria’s banking system is facing a potential ₦8.57tn liquidity position this week as maturing Open Market Operations (OMO) bills and...
Money Market Rates Ease as Banking Liquidity Climbs to N7.45tn
Money market rates in Nigeria declined this week as increased liquidity in the banking system pushed short-term borrowing costs lower....
CBN Rate Cut Reshapes Stocks, Bonds and Bank Earnings Outlook
The Central Bank of Nigeria’s decision to reduce the Monetary Policy Rate (MPR) from 26.5 per cent to 23 per...
NDIC Urges Nigerians to Embrace Formal Banking as ₦5m Deposit Cover Protects 98.98% of DMB Depositors
The Nigeria Deposit Insurance Corporation, NDIC, has urged Nigerians to keep more of their money within the formal banking system,...
CBN Intensifies Terrorism Financing Checks on Banks, Financial Institutions
The Central Bank of Nigeria, CBN, has intensified supervision of banks and other regulated financial institutions over terrorism-financing risks as...
CBN steps up terrorism financing checks on banks and financial institutions
The Central Bank of Nigeria (CBN) has stepped up supervision of terrorism financing risks across banks and other financial institutions...
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