With a significant cut in its impairment charges (which translates into a clean loan book) in its 1Q, 2022 results, after it successfully brought down its non-performing loan to 6.1 per cent in 2021 full year performance, analysts say the repeat of the impressive performance of FirstBank in the first quarter did not only show the consistency in its rebound, ... Read More »

….CCTV was functional on November 6, Adesola tell the court A receptionist who lodged Timothy Adegoke, OAU’s postgraduate student into the Hilton Hotel Honours, Ile-Ife, Osun state has disclosed that owner of the hotel, Dr Rahman Adedoyin, his son, Raheem were in the hotel the night the deceased lodged in. She disclosed this while being cross examined by Mr Femi ... Read More »

The Economic and Financial Crimes Commission has, once again, uncovered another N90 billion alleged fraud involving the suspended Accountant-General of the Federation, Ahmed Idris. Idris, who was seeking bail last night, had reportedly opened up on some top government officials allegedly involved in some transactions. Further expanding the scope of the ongoing probe of the suspended AGF by the EFCC, ... Read More »

Africa’s Global Bank, the United Bank for Africa (UBA) Plc, has rewarded its loyal customers in the just concluded UBA Super Savers draw, giving out a total of N16.6m in cash prizes. The computerised draw held at the Tony Elumelu Amphitheatre at the UBA Head Office on Friday, was witnessed by members of the press as well as representatives of ... Read More »

Guaranty Trust Bank Ltd (GTBank), the banking subsidiary of Guaranty Trust Holding Company Plc (GTCO Plc or the Group), emerged winner in four major categories at the 12th annual Brand Africa 100: Africa’s Best Brands 2022 rankings of the Top 100 Most Admired Brands in Africa. The award is an initiative by Brand Africa aimed at driving Africa’s competitiveness and ... Read More »

Stanbic IBTC Pension Managers Limited, a subsidiary of Stanbic IBTC Holdings PLC, recently held the second edition of its Ladies At The Table Empowerment Series (LATTES). The virtual event, which was organised with the aim of empowering women in business and career on how to live a well-balanced life was themed: ‘Rising above Bias’. The second edition of the event ... Read More »

The Nigerian Correctional Service (NCoS) has said that the former Deputy Commissioner of Police, Abba Kyari, was safe in custody as there was no threat to his life. The Service Public Relations Officer (SPRO) Mr Francis Enobore said this in a statement on Thursday in Abuja. Enobore said that it was necessary to address the issue following a publication by ... Read More »

Our attention has been drawn to recent reports of members of the public receiving text messages with account numbers.We implore members of the public that, as a financial institution, Wema Bank takes issues around data integrity and breaches seriously, and we are currently investigating the reports.Recently, we embarked on a massive activation campaign in the month and wish to state ... Read More »

Ecobank Transnational Incorporated (“ETI”), the parent company of the Ecobank Group, the leading pan-African bank with operations across 33 African countries, today held its 34th Annual General Meeting (AGM) in Abidjan, Côte d’ Ivoire. Alain Nkontchou, Chairman Ecobank Group said: “2021 was a transformational year for the Group and the Board is pleased to be rewarding shareholders with a dividend ... Read More »

Frmer Governor of Anambra State, Peter Obi, has explained that “recent developments” within the Peoples Democratic Party were responsible for his resignation from the opposition party and withdrawal from its presidential primary slated for end of May. Obi was one of the 15 PDP presidential aspirants cleared by the Senator David Mark-led Presidential Screening Committee last month. However, the ex-governor, ... Read More »