ADVERTISEMENT
  • Africa
  • World
  • Our Shows
    • Entrepreneurship
    • Destination Business
    • 101business TV Show
Business 360 News
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly
No Result
View All Result
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly
No Result
View All Result
Business 360 News
No Result
View All Result
Home Business news

Signature Bank Reports Strong 2025 Growth as Profit After Tax Surges to ₦3.59bn

Victoria Emeto by Victoria Emeto
May 26, 2026
in Business news
0
Signature Bank Reports Strong 2025 Growth as Profit After Tax Surges to ₦3.59bn

Signature Bank Limited has reported a significant improvement in its financial performance for the year ended 31 December 2025, highlighting strong growth across key banking indicators despite macroeconomic pressures.

The results were presented at the bank’s 4th Annual General Meeting, where shareholders approved the audited financial statements and other statutory resolutions for the 2025 financial year.

According to the report, the bank recorded a sharp rise in profitability, with Profit After Tax increasing to ₦3.59 billion from ₦726 million in 2024.

Gross earnings also grew significantly by 94.5% to ₦24.99 billion, while total assets rose to ₦224.7 billion. Customer deposits climbed to ₦170.8 billion during the period.

The bank also reported notable improvements in operational efficiency, with its cost-to-income ratio reducing from 92% to 66%, reflecting stronger cost management and improved productivity.

Shareholders’ equity strengthened to ₦25.2 billion, further reinforcing the institution’s balance sheet position.

Chairman of the Board, Tijjani Borodo, described 2025 as a defining year for the bank, noting its resilience and steady institutional growth despite inflationary pressures, exchange rate volatility, and tighter regulatory conditions.

He said the bank remained focused on disciplined growth, operational efficiency, governance, and long-term value creation.

Managing Director and CEO, Nixon Iwedi, attributed the performance to strategic execution, workforce dedication, and increased customer confidence.

He added that the bank would continue prioritising prudent risk management, digital innovation, improved customer experience, and sustainable business expansion.

The bank reaffirmed its commitment to responsible banking practices, strong corporate governance, and delivering long-term value to all stakeholders, including customers, shareholders, and employees.

Analysts note that the strong results signal continued consolidation within Nigeria’s banking sector as financial institutions adapt to evolving economic conditions.

Tags: #Banking#FinancialResults#NigeriaEconomy#SignatureBank
Previous Post

Nigeria’s GDP Grows by 3.89% in Q1 2026 as Agriculture and Services Drive Expansion

Next Post

Moniepoint Commits ₦3 Billion to Innovation Hubs Across Three Nigerian Universities

Victoria Emeto

Victoria Emeto

Next Post
Moniepoint Commits ₦3 Billion to Innovation Hubs Across Three Nigerian Universities

Moniepoint Commits ₦3 Billion to Innovation Hubs Across Three Nigerian Universities

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
FMDQ Exchange Admits Flour Mills of Nigeria’s ₦30.00bn Commercial Paper Notes

FMDQ Admits TSL SPV PLC ₦12.00 billion Series 1 Guaranteed Fixed Rate Infrastructure Bond to its Platform

March 11, 2021
NCAC inaugurates Creative Industry Sub-Committees

NCAC inaugurates Creative Industry Sub-Committees

September 20, 2020
#EndSARS: Protesters receive heavy gun fire at Lekki toll gate

#EndSARS: Protesters receive heavy gun fire at Lekki toll gate

October 21, 2020
SMEs in Nigeria must be ready to grow with or without Government …Evans Edozie, C.E.O., Cospharma Nig. Ltd.

SMEs in Nigeria must be ready to grow with or without Government …Evans Edozie, C.E.O., Cospharma Nig. Ltd.

September 21, 2020
‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

25
Goldlink’s restructures board

Goldlink’s restructures board

10
Airtel Africa Plc gets admitted to the NSE Main Board

Airtel Africa Plc gets admitted to the NSE Main Board

6
Stallion Tank Farm resumes operations

Stallion Tank Farm resumes operations

3
Oil Prices Steady Amid New EU Sanctions and Market Uncertainty

Oil rises more than $1 as escalation in US-Iran strikes unnerve traders

June 11, 2026
Asian Stocks Edge Higher as US-China Talks End on Positive Note

Global Stocks Hit Record Highs as AI Boom Fuels Market Rally

June 11, 2026
Heirs Energies’ $750m Financing Deal Wins International Oil and Gas Award

Heirs Energies’ $750m Financing Deal Wins International Oil and Gas Award

June 11, 2026
FCMB Appoints Bismarck Rewane as Board Chairman

FCMB Appoints Bismarck Rewane as Board Chairman

June 11, 2026
Business 360 News

Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.

Follow Us

Browse by Category

  • Africa
  • Agribusiness
  • Agriculture
  • AI
  • Art
  • Arts
  • Aviation
  • Banking
  • Blockchain
  • Business 360 Weekly
  • Business news
  • Business Travels
  • Capital Market
  • CHINA
  • Corporate
  • Cryptocurrency
  • Destination Business
  • East Africa
  • Economy
  • Education
  • Electric Vehicles
  • Electricty
  • Energy
  • Entertainment
  • Entertainment
  • Entrepreneurship
  • EV
  • Fashion
  • Fashion
  • Feature
  • Finance
  • Gas
  • Global Economy
  • Health
  • Hospitality
  • ICT
  • Insurance
  • IoT
  • Japan
  • Lifestyle
  • Luxury
  • Maritime
  • Meetings
  • Mortgage
  • News
  • NGOs
  • Oil
  • Petrol
  • Political Economy
  • politics
  • Real Estate
  • Real Estate
  • SMEs
  • Society
  • Solar Energy
  • South Africa
  • Sports
  • Start-Ups
  • Stocks
  • Success Stories
  • Tax
  • Tech
  • Tourism
  • Transportation
  • UK
  • Uncategorized
  • US
  • World

Recent News

Oil Prices Steady Amid New EU Sanctions and Market Uncertainty

Oil rises more than $1 as escalation in US-Iran strikes unnerve traders

June 11, 2026
Asian Stocks Edge Higher as US-China Talks End on Positive Note

Global Stocks Hit Record Highs as AI Boom Fuels Market Rally

June 11, 2026
  • Africa
  • World
  • Our Shows

© Business 360 News - Business, Finance And SMEs News | Design by Manifest!

No Result
View All Result
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly

© Business 360 News - Business, Finance And SMEs News | Design by Manifest!