2022 FYE: Five Big Banks Stand Firm Despite Economic Headwinds Hold combined total assets of N58tn, N1.1trn profits Kayode Tokede A total of five of Nigeria’s Systemically Important Banks (SIB) resisted
domestic and external economic challenges to declare impressive 2022 financial performance that led to dividend pay out to shareholders.
The five big banks whose 2022 full year-end (FYE) financial statements were assessed by THISDAY included Access Holdings Plc,
Zenith Bank Plc, Guaranty Trust Holding Company Plc (GTCO), Ecobank Transnational Incorporated and United Bank for Africa (UBA).
FBN Holdings, the parent company of FirstBank, one of the country’s tier-1 banks is yet to release its full year results.
But the aforementioned five banks all raked in combined Continued on page 10
Wigwe: We Want 30% Trade in Africa Facilitated by Access Holdings ... Page 32 Tuesday 25 April, 2023 Vol 28. No 10249. Price: N250
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Afenifere: Resurgence of Terrorism After 2023 Polls Worrying President to launch network against crime in Gulf of Guinea Leaves for Accra today to attend maritime security summit Deji Elumoye, Emameh Gabriel in Abuja and Blessing Ibunge in Port Harcourt Yoruba’s foremost socio-political
organisation, Afenifere, yesterday, expressed concern about the upsurge in terrorist activities since after the 2023 general election, especially as the country got closer to the
handover date. Afenifere raised the concern in a statement by its National Publicity Secretary, Comrade Jare Ajayi. The group challenged President
Muhammadu Buhari on the postelection rising terrorism rates, and him offered tips on how to earn the forgiveness of the Nigerian people. However, the president was
scheduled to launch "Network on Organised Crime in Nigeria and the Gulf of Guinea (NOCINAG)" at a national conference on Friday in Port Harcourt.
Buhari would depart Abuja for Accra on Tuesday to attend the Third Extraordinary Session of the Continued on page 10
Tinubu: Disregard Rumour About My Health, I'm Refreshed, Ready for Task Ahead Nigerians are glad to see you back and fit, says Barau APC to suspend Amaechi’s ex-Chief of Staff, others over anti-party activities Story on page 10
EKO ELECTRICITY DISTRIBUTION COMPANY VISITS SANWO-OLU... L-R: GM, Corporate communications, Eko Electricity Distribution Company (EKEDC), Babatunde Lasaki; Director, Babor Egeregor; Director, WPG, Tien George; Director EKEDC, Charles Momoh; Chief Legal Officer, EKEDC, Wola Joseph; Chairman, EKEDC Board of Directors, Dere Otubu; Governor of Lagos State, Babajide Sanwo-Olu; MD/CEO EKEDC, Dr. Tinuade Sanda; Director WPG, Ernest Oji; LASG, Commissioner for Energy & Mineral Resources, Olalere Odusote; Perm. Sec LASG, Ministry of Energy & Mineral Resources, Shola Mosunlola Shasore, and GM, Lagos State, Electricity Board, Mr. Mukhtaar Tijani, during a courtesy visit by the Board and Management Team of EKEDC to congratulate the governor on his re-election and discussed ways of collaboration with the Lagos State Government on the decentralisation of power and optimisation of service delivery to consumers in Lagos... recently
Enugu Governor-Elect, Mbah Names Chioke, Abah, Onyia, Nebo, 60 Others in Transition Committee... Page 33