Segun Agbaje-led GTCO reports slight rise in earnings as profit nears $300 million in 9M 2022
Earnings during the first nine months of 2022 were significantly impacted by rising operating costs and tax obligations.
Nigerian Banker
Nigerian billionaire Tony Elumelu’s UBA posts $265.6 million in profit in 9M 2022
Elumelu owns a sizable 6.39-percent stake in the financial services group.
Led by Nigerian banker Peter Ashade, United Capital posts $17.7 million in profit in 9M 2022
Ashade has been at the helm of United Capital since 2018.
Herbert Wigwe’s Access Holdings announces first-ever interim dividend as profits surge above $205 million
Earnings growth at the bank was hampered by increased fee and commission expenses.
Nigerian banker Tony Elumelu’s UBA posts $164 million in profit in H1 2022
Elumelu owns a sizable 6.96-percent stake in the banking group, or 2,380,941,756 ordinary shares.
Nigerian banking tycoon Jim Ovia’s Zenith Bank posts $264 million in profit in H1 2022
The increase in the bank’s profit can be attributed to a 17-percent rise in its gross earnings.
Nigerian banking mogul Herbert Wigwe’s Access Holdings secures $280 million from U.S. DFC
Access Bank is the banking subsidiary of Access Holdings.
Led by Nigerian banker Peter Ashade, United Capital earns more than $10 million in profit in H1 2022
Profit for the six-month period ending June 30 increased by more than 41 percent, from $7.38 million in the first half of 2021 to $10.42 million.
Nigerian banking tycoon Herbert Wigwe’s Access Holdings to acquire majority stake in First Guarantee Pension
The announcement comes two months after Access Holdings completed its structural transformation into a holding company.
Nigerian tycoon banker Herbert Wigwe gains over $1.2 million in seven days
Four weeks ago, the bank completed its transformation from Access Bank Plc to Access Holdings Plc.