ANALYSIS

Guaranty Trust Bank plc has released its audited financial results for the half year ended June 30, 2016 with profit before tax gaining 45 per cent from N63.11 billion in H1 2015 to N91.4 billion in half year under review. The management of GTBank has proposed interim dividend of N0.25k...

  Recession, rising inflation, review of new forex regime may top agenda Wole Tokede. As the 251st edition of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) meeting begins today, Monday, July 25, 2016, rising inflation, how to tackle the threat of recession and the review...

As the nation’s capital market closed on Friay, four financial institutions out of 15 listed on The Nigerian Stock Exchange (NSE) are top performing shares in 30-week of 2016. These four financial institutions include United Bank for Africa Plc (UBA), Guaranty Trust Bank Plc (GTBank), Zenith Bank Plc and Access...

The latest financial results of Access Bank Plc for the full year ended December 2015 indicates another improved growth in gross earnings that translate to better growth in profitability and shareholder returns on investment despite a challenging macro-economic environment. The bank with a successful Right Issue, recorded an improved growth...

A year after President Muhammadu Buhari took the oath of office, some of his policies either positively or negatively affected the insurance industry in the country. ABDUL OLALEKAN writes. By the time President Muhammadu Buhari took the oath of office on May 29, 2015, the nation's economy was heading towards...

Despite the harsh economic environment that impacted business operations in 2015, Diamond Bank Plc maintained turgid resilience against the tide focusing on the implementation of strategic set goals with strong growth in customer base and equity. Analysts and industry watchers had, due to unfavourable macro environment and challenging regulation of...

Zenith Bank Plc in its 2015 audited accounts maintained an impressive growth in profitability and dividend, reaffirming the bank’s position as one of the most profitable and well managed financial institutions in the country. The bank made history as it crossed N4 trillion mark in total assets while its profit...

Dangote Cement Plc declared an impressive performance in profitability that leveraged on its dividend payout, the highest dividend payout to shareholders by listed cement manufacturing company. The improved performance was based on significant growth in revenue and assets quality as the cement manufacturing company total assets crossed the N1 trillion...