By Jemimah Wellington, JKNewsMedia Correspondent STRONG INVESTOR demand has backed a N501 billion inaugural bond issued by the Federal Government of Nigeria (FGN) under the Presidential Power Sector Debt Reduction Programme (PPSDRP), with participation from pension funds, banks, asset managers and other investors. JKNewsMedia.com reports that...
By JKNewsMedia STRONG REVENUE growth and operational efficiency have propelled Sterling Financial Holdings Company Plc to a 157% year-on-year rise in profit-after-tax, as disclosed in its unaudited financial results for the half-year ended 30 June 2025. According to the Group, profit-after-tax climbed to ₦41.78 billion from ₦16.26 billion rec...
By JKNewsMedia SOARING INVESTOR confidence pushed Fidelity Bank Plc back into the trillion-naira market capitalisation club after its share price surged 5.3% to ₦21.00 on May 13, 2025, up from ₦19.95, according to Nigerian Exchange Limited (NGX) data. This rally increases the tally of Nigerian companies in the elite bracket to 19. The bank bri...
