Category : Search result: Tier2 banks growth


Banks Notify Customers on 10% Withholding Tax

Nigerian banks are informing customers about FIRS enforcing 10% withholding tax on fixed-income securities interest. Learn how this affects your investments and which instruments remain exempt.

Zenith Bank to Acquire Paramount Bank in Kenya

Zenith Bank Plc is set to enter the Kenyan market by acquiring Paramount Bank, marking a strategic step in its pan-African expansion. The deal awaits regulatory approval from Nigerian and Kenyan authorities.

Nigerian banks post N14.7tn interest income

Nine major Nigerian banks reported a combined N14.72 trillion in interest income for the first nine months of 2025, a 27.68% increase driven by high interest rates. Discover which banks led the growth.

Nigeria Must Embrace AI and Robotics for Development

Technology experts are urging Nigeria and other African nations to urgently embrace artificial intelligence and robotics to drive regional development, create jobs, and secure economic competitiveness.

Nigerian Bank Launches Advanced Device Security System

A leading Nigerian digital bank has unveiled a groundbreaking device verification system that promises to revolutionize customer security and protect against unauthorized account access in the growing fintech landscape.

First Bank Holdings Posts N450.9B Profit

First Bank of Nigeria Holdings Plc announces staggering N450.9 billion profit as it strategically positions itself for Central Bank of Nigeria's banking sector recapitalisation requirements.

Ex-NUC Boss: Innovation Key to Nigeria's Growth

Ex-NUC Secretary Prof. Peter Okebukola unveils groundbreaking strategies for national development, emphasizing education innovation, technology integration, and curriculum reform as catalysts for Nigeria's growth.

AstraZeneca Profit Soars with 19% Revenue Growth

British-Swedish pharmaceutical giant AstraZeneca reports massive profit jump with 19% revenue growth. Discover how emerging markets and cancer drugs drove this impressive performance.

Nigeria-Germany Alliance for $1 Trillion Economy

Budget Minister Atiku Bagudu announces strategic collaboration with Germany to accelerate Nigeria's ambitious journey toward a $1 trillion economy through targeted investments and economic reforms.

Osinbajo: Stop Celebrating Worthless GDP Figures

Former Nigerian Vice President Yemi Osinbajo delivers powerful critique of Africa's GDP obsession, urging governments to focus on real economic development instead of meaningless statistics.

US-Nigeria Rift May Widen Poverty - Economist

Renowned economist Professor Godwin Owoh warns that deteriorating relations with the United States could have devastating consequences for Nigeria's economy, potentially pushing millions into poverty and stalling development.

Professionalism Key to Nigeria's Business Growth - Leaders

Top Nigerian business leaders emphasize that embracing professional standards and ethical practices is the key driver for sustainable economic growth and global competitiveness in today's challenging market environment.

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