Wema Bank Reports N102bn Profit In 2024
Wema Bank Plc has recorded its strongest financial performance in five years, reporting a 141 percent surge in pre-tax profit to N102.5 billion for the financial year ending December 31, 2024. The bank’s gross earnings climbed to N433.43 billion, reflecting its ability to capitalise on rising interest rates and expand its asset base through strategic […]
Read MoreeTranzact Announces N4.8bn Full-year profit For 2024, Declares Dividend
eTranzact International Plc has reported a pre-tax profit of ₦4.8 billion for the financial year ending December 31, 2024, reflecting an impressive 53.2 percent growth compared to the ₦3.1 billion recorded in 2023. This surge in profitability comes despite an 11.82 percent decline in revenue, which fell from ₦33.9 billion to ₦29.8 billion, largely due […]
Read MoreFidelity Bank Reports N385bn Pre-Tax Profit In 2024
Fidelity Bank Plc has reported a record-breaking pre-tax profit of N385.215 billion for the 2024 financial year, marking an extraordinary 210.01 percent year-on-year (YoY) growth. The latest audited financial statement, released on March 31, 2025, highlights the bank’s ability to sustain impressive earnings momentum, strengthen its asset base, and reward shareholders despite macroeconomic headwinds. The […]
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