
When A Bank Succeeds, Must The Critic Invent A Scandal – By Prof Chukwuemeka Ifegwu Eke
WHEN A BANK SUCCEEDS, MUST THE CRITIC INVENT A SCANDAL? Mr. Obinna Oriaku’s series of commentaries on Signature Bank is a classic example of how political bitterness can turn good news into forced suspicion.First, let us correct the careless figures.Signature Bank’s reported audited 2025 performance shows a Profit After Tax of ₦3.59 billion, up from ₦726 million in 2024, not ₦786 million as claimed. Its total assets rose to ₦224.7 billion, not ₦244.7 billion. Its gross earnings rose impressively to ₦24.99 billion.Those are not numbers to mock. They are numbers to celebrate.A young Nigerian bank, established in a difficult economy,…









