Category : Search result: banking sector stocks NGX


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.

Stocks Struggle on US Rates, Tech Rally Fears

Global markets faced pressure as doubts over US Fed rate cuts and tech bubble fears grew. Oil prices rallied on Russian output risks. Get the full analysis for Nigerian investors.

Tokunbo Abiru's Journey to Senate

Discover how Mukhail Tokunbo Abiru transitioned from a distinguished banking career to becoming the Senator representing Lagos East. Learn about his 'Doing Good' initiatives and political impact.

Nigerian Stock Market Plunges Amid Economic Worries

Nigeria's financial markets experience significant downturn as rising interest rates, inflation fears, and job market instability spook investors. Key indices drop amid growing economic uncertainty.

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.

Nigeria Stock Crisis: ₦1.3Trn Lost in Day

Nigeria's stock market plunges deeper into turmoil as investors witness massive wealth erosion, raising concerns about market stability and economic recovery prospects.

FirstBank Plants 50,000 Trees in 3 Years

Nigeria's premier financial institution, FirstBank, celebrates a major environmental milestone with 50,000 trees planted nationwide over three years through its 'Each One, Plant One' initiative.

FG Plans Refinery Sale to Boost Competition

The Federal Government is considering selling the country's struggling refineries to private investors as part of a comprehensive strategy to revitalize Nigeria's oil and gas sector, increase competition, and achieve energy self-sufficiency.

Asian Markets Crash Amid Tech Bubble Fears

Asian markets experienced significant declines as growing concerns about a technology stock bubble and Federal Reserve policy shifts sparked investor panic across major exchanges.

Asian Markets Volatile Amid Tech Rally, Fed Watch

Asian markets experienced significant volatility as technology shares surged while traders anxiously await the Federal Reserve's interest rate outlook. Discover how major indices performed and what's driving market sentiment.

Keystone Bank CEO Honoured with CIBN Fellowship

The Chartered Institute of Bankers of Nigeria confers esteemed fellowship on Keystone Bank's Managing Director, recognizing his exceptional contributions to Nigeria's banking sector.

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