Category : Search result: banking sector Kenya


FG Pays ₦12B Health Workers Arrears in 72 Hours

Federal Government commits to settling ₦11.995 billion in withheld salaries for doctors and healthcare professionals, promising payment within three days to resolve lingering industrial disputes.

NGX Gains ₦285BN as Market Stages Impressive Comeback

The Nigerian Exchange Limited staged an impressive recovery, adding ₦285 billion in market capitalization as banking and insurance stocks led a bullish charge, reversing previous losses and signaling renewed investor confidence.

Bank MD Jailed: 12-Year Sentence for N135M Fraud

A Nigerian High Court has convicted and sentenced a bank Managing Director to prison for misappropriating customer funds totaling N135 million in a landmark financial crime case.

Babcock Student Cries Over Debit Card Payment Stress

A Nigerian university student shares her emotional story of frustration and relief after a simple card payment turned into a stressful ordeal, highlighting banking challenges faced by students.

GTCO Records ₦900.8 Billion Profit in Q3 2024

Guaranty Trust Holding Company Plc (GTCO) announces exceptional financial performance with Profit Before Tax hitting ₦900.8 billion in Q3 2024, showcasing remarkable growth and market leadership.

Oil Marketers Warn Against Monopoly in Nigeria

Major petroleum marketers in Nigeria are raising concerns about market dominance and calling for transparent access to facilities to ensure fair competition in the downstream oil sector.

FG Plans Electricity Subsidy for Vulnerable Nigerians

The Federal Government announces strategic electricity subsidy initiative to protect low-income households and vulnerable Nigerians from recent tariff increases while maintaining sector sustainability.

Economic Saboteurs Threaten Dangote Refinery - NAPS

The National Association of Petroleum and Natural Gas Senior Staff calls for immediate federal intervention to protect Africa's largest refinery from economic saboteurs undermining Nigeria's energy independence.

UBS Beats Expectations with $1.8 Billion Profit

Swiss banking powerhouse UBS delivers stunning Q1 results, exceeding expectations with $1.8 billion profit and recovering massive provisions. Nigerian investors watch closely as global banking shows strong recovery signs.

Nigeria's Metering Crisis: 100K vs 7M Target

Nigeria faces a massive electricity metering gap with only 100,000 meters installed against a 7 million target. Minister Adebayo Adelabu's ambitious plan aims to transform the power sector amid growing consumer frustration.

Lady Shows Massive OPay Balance - Goes Viral!

A young Nigerian woman has set social media ablaze after proudly displaying her impressive OPay bank account balance online, sparking massive reactions and financial envy across platforms.

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