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21

Nov
Business & Economy

CBN declares Zuldal Microfinance Bank illegal

The Central Bank of Nigeria (CBN) has notified the general public that Zuldal Microfinance Bank Limited is not a licensed Microfinance Bank and has no authorisation to operate or carry out any form of banking or microfinance business in Nigeria. The apex bank stated thus: “The attention of the Central […]

20

Nov
Market Update

Profit-Taking persists as NGX extends decline by 0.23%

The Nigerian equities market continued to navigate a challenging path on Wednesday as new selling pressure dragged the market lower for the third straight session. The All Share Index declined by 0.23% to close at 144,646.01 points from the previous close of 144,986.51 points. The Market Capitalisation declined by 0.24%[…]

14

Nov
Business & Economy

Fidelity Bank Plc reports N132.31bn profit in H1 2025

Fidelity Bank Plc on Thursday published its Second Quarter report for the period ended 30 June 2025. The Financial Institution reported Gross Earnings of N748.71 billion for the 6 months period, up by 45.99% from N512.86 billion reported in the corresponding period of 2024. Profit after tax of N132.31 was[…]

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