₦airaland Forum

StartCredits- Nigeria's Loan Marketplace has compiled the annual ranking of Nigeria's largest banks.

Profit Before Taxation combines all of the company’s profits before tax, including operating, non-operating, continuing operations and non-continuing operations. In this educational article, we list the 2019 top banks in Nigeria by profits.


https://startcredits.com/the-2019-top-banks-in-nigeria-by-profits/

https://startcredits.com/the-2019-top-banks-in-nigeria-by-earnings/

USSD stands for Unstructured Supplementary Service Data. It allows bank customers have access to basic financial services by simply dialing the code of your bank. The USSD Codes of Nigerian Banks are provided in the list below.

You must have a bank account linked to your mobile telephone number to perform a USSD transaction. You don’t need to go to a bank to register for the USSD code. Registration is done with your mobile phone as long as you have your Biometric Verification Number (BVN). The borrower can only use the registered particular SIM card/telephone number


USSD Codes of Nigerian Banks
Commercial Banks USSD Code
Guarantee Trust Bank *737#

Get the full list on https://startcredits.com/ussd-codes-of-nigerian-banks/

Borrowers must ensure they check the interest rates on available loans for your requirement on www.startcredits.com before you take out any loans to avoid bankruptcy or foreclosures.

The interest rates on the lease is important...as it may be more preferential than a standard bank loan or moneylender loan. You can get the full interest rates on lease from www.startcredits.com, to help make a better lease decision.

OP and other interested posters should visit www.startcredits.com...Nigeria's leading loan market for information on Tradermoni and other government loan opportunities.

Dear OP,


Please visit www.startcredits.com as soon as possible to find online loan providers for your rent. You could get the cash from some lenders within 24 hours after your application on StartCredits.

If you’re serving Nigeria as one of the 350,000 National Youth Service Corps members in any state, you could get an NYSC Loan. The NYSC Loan assists corps members registered under the Skills Acquisition and Entrepreneurship Development (SAED) to start up small businesses which can generate income and also create employment opportunities around them.

The Federal government allocated N83 billion naira for NYSC activites in 2018. This includes the N3,200 paid to each corps member during the three-week orientation in camps, the NYSC also pays N19, 800 as monthly allowance for the duration of the service year. The amount is usually not sufficient for corp members to embark on their entrepreneurial business activities.

The Federal Government has made plans for corps members with good business ideas to get loans of between N200,000 and N2m to start their businesses after the service year. The business proposal will determine how much will be given to each applicant.......


https://startcredits.com/how-to-borrow-nysc-loans/

Apply for the loan on StartCredits today. www.startcredits.com

Please ensure you check the interest rates on available loans in Nigeria for your requirement on www.startcredits.com before you take out any loans.

Please ensure you check the interest rates on available loans for your requirement on www.startcredits.com before you take out any loans.

The goal of the Bank Verification Number (BVN) is to uniquely verify the identity of each Bank’s customer for ‘know your customer’(KYC) purposes. It also helps lenders to know the true identity of each borrower, so knowing how to check your BVN is key to securing a loan in Nigeria.

A customer enrols at any branch of a bank where he/she has an account or intends to open an account in order to get a BVN. The are currently over 35million Nigerians with BVNs as at December 2018.

How to check your BVN..https://startcredits.com/how-to-check-your-bvn-for-a-loan-application/

Money Talks with Rahmon Ojukotola is a regular radio show that helps and teaches Nigerians how to safely invest money in regulated securities and investments in Nigeria.

It is available for free on iTunes, spotify, google etc

https://tunein.com/podcasts/Business-News/MoneyTalks-with-Rahmon-Ojukotola-p1149619/

Money Talks with Rahmon Ojukotola is a regular radio show that helps and teaches Nigerians how to safely invest money in regulated securities and investments in Nigeria.

It is available for free on iTunes, spotify, google etc

https://tunein.com/podcasts/Business-News/MoneyTalks-with-Rahmon-Ojukotola-p1149619/

Money Talks with Rahmon Ojukotola is a regular radio show that helps and teaches Nigerians how to safely invest money in regulated securities and investments in Nigeria.

It is available for free on iTunes, spotify, google etc

https://tunein.com/podcasts/Business-News/MoneyTalks-with-Rahmon-Ojukotola-p1149619/

Money Talks with Rahmon Ojukotola is a regular radio show that helps and teaches Nigerians how to safely invest money in regulated securities and investments in Nigeria.

It is available for free on iTunes, spotify, google etc

https://tunein.com/podcasts/Business-News/MoneyTalks-with-Rahmon-Ojukotola-p1149619/

Money Talks with Rahmon Ojukotola is a regular radio show that helps and teaches Nigerians how to safely invest money in regulated securities and investments in Nigeria.

It is available for free on iTunes, spotify, google etc

https://tunein.com/podcasts/Business-News/MoneyTalks-with-Rahmon-Ojukotola-p1149619/

Money Talks with Rahmon Ojukotola is a regular radio show that helps and teaches Nigerians how to safely invest money in regulated securities and investments in Nigeria.

It is available for free on iTunes, spotify, google etc

https://tunein.com/podcasts/Business-News/MoneyTalks-with-Rahmon-Ojukotola-p1149619/

Money Talks with Rahmon Ojukotola is a regular radio show that helps and teaches Nigerians how to safely invest money in regulated securities and investments in Nigeria.

It is available for free on iTunes, spotify, google etc

https://tunein.com/podcasts/Business-News/MoneyTalks-with-Rahmon-Ojukotola-p1149619/

Money Talks with Rahmon Ojukotola is a regular radio show that helps and teaches Nigerians how to safely invest money in regulated securities and investments in Nigeria.

It is available for free on iTunes, spotify, google etc

https://tunein.com/podcasts/Business-News/MoneyTalks-with-Rahmon-Ojukotola-p1149619/

MoneyTalks with Rahmon Ojukotola is a regular radio show that helps and teaches Nigerians how to safely invest money in regulated securities and investments in Nigeria.

It is available for free on iTunes, spotify, google etc

https://tunein.com/podcasts/Business-News/MoneyTalks-with-Rahmon-Ojukotola-p1149619/

Money Talks with Rahmon Ojukotola is a regular radio show that helps and teaches Nigerians how to safely invest money in regulated securities and investments in Nigeria.

It is available for free on iTunes, spotify, google etc

https://tunein.com/podcasts/Business-News/MoneyTalks-with-Rahmon-Ojukotola-p1149619/

Money Talks with Rahmon Ojukotola is a regular radio show that helps and teaches Nigerians how to safely invest money in regulated securities and investments in Nigeria.

It is available for free on iTunes, spotify, google etc

https://tunein.com/podcasts/Business-News/MoneyTalks-with-Rahmon-Ojukotola-p1149619/

Profit Before Taxation combines all of the company’s profits before tax, including operating, non-operating, continuing operations and non-continuing operations. In this educational article, we list the 2018 top banks in Nigeria by profits.

PBT exists because tax expense is constantly changing and taking it out helps give an investor a good idea of changes in a company’s profits or earnings from year to year. Profit Before Taxation (PBT) is the money retained by the firm before deducting the money to be paid for taxes. It is a profitability measure that looks at a company’s profits before the company has to pay income tax. This measure deducts all expenses from revenue including interest expenses and operating expenses, but it leaves out the payment of tax.

Profit before tax provides useful information for evaluating a company’s operating performance without regard to tax implications. By removing the tax factor, profit before tax helps to minimize a variable that may be unique from bank to bank, in order to focus the analysis on operating profitability as a singular measure of performance. Such analysis is particularly important when comparing similar banks across the industry.

Guaranty Trust Bank PLC (#154,005,487,000 (2016), #186,204,604,000 (2017)), Zenith Bank PLC (#139,927,000,000 (2016), #173,563,000,000 (2017)), and Access Bank PLC (#80,579,576,000 (2016), #67,043,501,000 (2017)) are the highest profit before taxation in the year 2016 and 2017.

Suntrust Bank Nigeria Limited (#343,344,000 (2016), #285,144,000 (2017)), Wema Bank PLC (#3,276,365,000 (2016), #3,054,873,000 (2017)), and Diamond Bank PLC (#1,903,406,000 (2016), #4,352,136,000 (2017) ) are the lowest profit before taxation in the year 2016 and 2017.

Read more at https://startcredits.com/the-2018-top-banks-in-nigeria-by-profits/

Bank Name Profit before Taxation
2016 (‘000 Naira) 2017 (‘000 Naira)
Suntrust Bank Nigeria Limited 343,344 285,144
Wema Bank Plc 3,276,365 3,054,873
Diamond Bank Plc 1,903,406 4,352,136
Sterling Bank Plc 6,018,479 8,540,000
First Bank Nigeria Limited 7,611,000 9,382,000
Union Bank of Nigeria Plc 16,053,000 13,176,000
Stanbic IBTC Bank Ltd. 1,501,000 27,545,000
United Bank for Africa Plc 57,649,000 53,837,000
Access Bank Plc 80,579,576 67,043,501
Zenith Bank Plc 139,927,000 173,563,000
Guaranty Trust Bank Plc 154,005,487 186,204,604
Total 468,867,657 546,983,258

Read more at https://startcredits.com/the-2018-top-banks-in-nigeria-by-profits/

Dear OP and other thread contributors, why don't you visit https://startcredits.com to view the full list of regulated lenders and also find out the interest rates they charge as well as their usual loan tenor and size.

You need a smartphone to access apps. https://StartCredits.com lists most of the quick online loans without collateral in Nigeria for you to make an informed decision.

visit www.startcredits.com to get the list of moneylenders in Lagos charging less than 10% on interest for loans.

Please ensure you check the interest rates on available loans for your requirement on www.startcredits.com before you take out any loans.

It appears StartCredits, Nigeria's leading credit risk analytics company has calculated the expected returns of Nigeria's top stocks on the NSE using advanced models such as the CAPM. This will help Nigerian investor make better decisions on the investment portfolio.
https://startcredits.com/stocks-and-shares-return-on-investment-in-nigeria/

It appears StartCredits, Nigeria's leading credit risk analytics company has calculated the expected returns of Nigeria's top stocks on the NSE using advanced models such as the CAPM. This will help Nigerian investor make better decisions on the investment portfolio.
https://startcredits.com/stocks-and-shares-return-on-investment-in-nigeria/

It appears StartCredits, Nigeria's leading credit risk analytics company has calculated the expected returns of Nigeria's top stocks on the NSE using advanced models such as the CAPM. This will help Nigerian investor make better decisions on the investment portfolio.
https://startcredits.com/stocks-and-shares-return-on-investment-in-nigeria/

StartCredits has calculated, and is sharing for free the expected reruns of leading stocks on the Nigerian Stock exchange.
https://startcredits.com/stocks-and-shares-return-on-investment-in-nigeria/
They regularly update it with new stocks and bonds on the NSE.
All Nigerians should have information that helps to make better stock investment decisions