…N31.37 billion a year earlierFinance income also climbed to N18.73 billion as interest income increased.Strong cash generation remained another highlight.BUA generated:N278.45 billion in operating cash flowInvested over N60.67 billion in capital expenditureThe company's property, plant and equipment increased to N1.22…

…loan book, even as the non-performing loan ratio remained unchanged at 4.7 per cent. Interest income rose 33.8 per cent to N223.58bn, driven by growth in loans and investment securities, while net interest income increased 41 per cent to N137.39bn, despite a 23.6 per cent increase in interest expenses. Customer deposit…

…to its 87.9 million outstanding units. The post CIF announces N789.8m H1 distribution as interest income hits N881.8m appeared first on Tribune Online.

…where profit after tax fell 13.9% to KES 5.3 billion ($41 million) in Q1 2026, with net interest income down 7.9% as the CBK’s rate-cutting cycle squeezed lending margins. The parent, Absa Group, is nonetheless pushing deeper into Kenya, running a KES 31 billion ($240 million) tender offer to raise its stake in Kenya f…

…an MFB. An MFB licence allows fintechs to accept deposits, give loans, and earn interest income from lending, reducing their reliance on transaction fees. But the licence does more than unlock new products. It changes the business that fintechs are expected to build. Unlike payment companies, which earn money every tim…