Sterling Financial Holdings Company Plc recorded a profit after tax of N17.2bn for the first quarter ended March 31, 2025, more than doubling the N7.5bn posted in the corresponding period of 2024. The financial services firm’s performance was driven by an increase in interest income, which rose by 42 per cent from N55.3bn in Q1
News sources have revealed the names of the top contenders for the virtual bank licenses, with three major business groups from Thailand in the running: 1. SCB X: This group has partnered with two major players, WeBank, a leading digital bank in China, and KakaoBank, a giant in South Korea. 2. Krungthai Bank: In collaboration
Buzz on the Street features Redding Record Searchlight’s David Benda David Benda of the Record Searchlight brings you, our dear reader, what’s the buzz on businesses opening and closing in Redding and the North State. The project comes before the Redding Board of Administrative Review on Wednesday, June 4, 2025. Barone’s Christmas Trees has operated
With banks reducing deposit rates, investing in RBI Floating Rate Savings Bonds is an ideal alternative, especially for senior citizens who depend on stable, regular income. The bonds carry sovereign backing and are currently offering an attractive yield of 8.05%, significantly higher than most senior citizen bank fixed deposits. These bonds have a tenure of
Lawson Winder, metals and mining analyst at Bank of America, discusses the reported deal made between Barrick Gold and the Mali government over a gold mine disp Barrick Gold Corp. is looking to sell its last mine in Canada in a push to capitalize on record gold prices and a renewed interest in North American
Japanese stocks sank deeper into the red on Friday, with the Topix index tumbling into a technical correction as it led Asian equities lower for a second day. Investors continued to bail out of riskier assets that will be hurt by US tariffs, with a rally in government bonds sending yields sharply lower and traders
The best banks for small business loans offer competitive loan options along with essential services like checking accounts, merchant services, and business credit cards. This guide highlights top banks and covers their loan offerings, banking products, and additional services, whether you need short-term working capital, long-term real estate loans, or a business line of credit.
The best apps for money saving are designed to automate savings, track spending, and even reward good financial habits. If you’re looking to round up spare change, earn cash back on purchases, or get insights into your budget, there’s an app to fit your needs. With so many options available, choosing the right one can
The banking sector is facing some challenges as unsecured personal loans, digital transformation, and shifting customer ownership models disrupt traditional frameworks. Company Value Change %Change Unsecured loans digital risks RBI bank officials flag challenges Regulatory oversight, declining CASA ratios, and third-party dependencies are putting pressure on banks to rethink their strategies. RBI Deputy Governor M
Trump shuts down US Consumer Financial Protection Bureau Protesters are calling on the Trump administration to change course and re-open the Consumer Financial Protection Bureau (CFPB). It is an independent agency of the United States government responsible for consumer protection in the financial sector founded in 2011 after the Great Recession. Fox – Seattle CFPB