United Capital Plc reports a 65% profit increase to N7.74 billion ($4.9 million) in H1 2024, driven by higher gross earnings.
Nigerian Banker
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The capital will boost working capital and fuel GTCO’s domestic and international growth, including acquisitions in pensions and asset management.
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Access Holdings led by Nigerian banker Aigboje Aig-Imoukhuede eyes $6.5 billion profit by 2027
Access Bank CEO Ogbonna outlines vision to become “Africa’s Gateway to the World,” boosting customer base to 125 million by 2027.
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Jim Ovia, founder of Zenith Bank, remains the wealthiest banker in Nigeria thanks to his 16.2 percent stake in the bank (5,072,104,311 …
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Access Holdings led by Aigboje Aig-Imoukhuede announces $229-million rights issue for expansion
The move revealed at a formal signing ceremony in Lagos, marks a significant milestone in the group’s strategic expansion plans, both within …
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The capital raise, aimed at generating N500 billion ($329.5 million) through the issuance of ordinary shares, underscores GTCO’s strategy to bolster its …
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The uptick comes after a previous decline, during which his stake in Zenith Bank fell by $13.3 million between April 25 and …
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With the recent entry into Tanzania, Access Holdings targets local, regional, and international revenue opportunities across within the East African region.
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The announcement, made during the Choose France Summit 2024, solidifies Aig-Imoukhuede’s role in fostering economic ties between the two nations.
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The targeted capital will be sourced through public offerings, private placements, rights issues, and other instruments.