In a strategic move to sustain its impressive performance, leading financial institution Fidelity Bank Plc has announced significant changes to its Board of Directors, effective January 14, 2025. According to a regulatory filing on the corporate disclosure portal of NGX Regulation Limited, the Bank has received the Central Bank of Nigeria’s (CBN) approval to appoint Alhaji Abdullahi Sarki Mohammed as ... Read More »
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UBA Rewards Customers with over N41m in Final Edition of Legacy Promo
….Promo Makes 60 Millionaires, Gifts N200m Africa’s Global Bank, United Bank for Africa (UBA) Plc has distributed over N41.8m in prizes to over 100 lucky customers in its just concluded UBA Legacy Promo series. The promo which began last year, was specially designed by the bank to celebrate UBA’s rich legacy spanning over 75 years, as well as its long-standing ... Read More »
GTCO PLC Announces Successful Completion of the 1st Phase of Its Equity Capital Raise Programme; Raises ₦209 Billion
Guaranty Trust Holding Company Plc (“GTCO Plc” or the “Group”) (NGX: GTCO) is pleased to announce the successful completion of the first tranche of its equity capital raise programme, following the completion of the capital verification exercise conducted by the Central Bank of Nigeria (CBN) and the approval of the Basis of Allotment of the Offer by the Securities and ... Read More »
Fidelity Bank Launches “Bundles of Joy” Initiative to Support Children with Special Needs and Their Families
As part of its commitment to fostering inclusivity, Fidelity Bank Plc has inaugurated the Bundles of Joy programme, a groundbreaking initiative aimed at creating supportive spaces and activities for children with special needs while addressing the psychological and emotional well-being of their parents and caregivers. The first session of the programme was held over the weekend at a dedicated facility ... Read More »
Nigeria gets W’Bank $1.5bn for subsidy removal and an introduction of comprehensive tax policies
The World Bank has fully disbursed a $1.5bn loan to Nigeria following the Federal Government’s implementation of key reforms, including removing fuel subsidies and introducing comprehensive tax policies. The loan, part of the Reforms for Economic Stabilisation to Enable Transformation Development Policy Financing initiative, is among the fastest disbursements Nigeria has received with both tranches released in less than six ... Read More »
DECEMBERISSAVYBE: FIRSTBANK SPONSORS ‘OUR DUKE HAS GONE MAD AGAIN STAGE PLAY’
By Oladapo Sofowora First Bank of Nigeria Limited proudly sponsored a remarkable stage play titled ‘Our Duke Has Gone Mad Again: A Biting Satire.’ This captivating performance was masterfully directed by the acclaimed Joseph Edgar, widely recognised as The Duke of Shomolu. The play received high praise for its creative ingenuity and sharp satirical brilliance, effectively delivering a meaningful message ... Read More »
Donates N500 Million to Lagos State Security Trust Fund, Pledges Support for State’s Effort at Improving Security
United Bank for Africa(UBA) through UBA Foundation, its corporate social responsibility arm, has donated the sum of N500 million to the Lagos State Security Trust Fund (LSSTF), as part of its continued commitment to secure environment for individuals and businesses The N500m cheque was presented to the Lagos State Governor, Babajide Sanwo-Olu, by the UBA Group Chairman, Tony Elumelu, who ... Read More »
FIRSTBANK KICKS OFF DECEMBERISSAVYBE 2024 WITH KENNY BLAQ‘S ‘RECKLESS’ MUSICOMEDY
By Bolaji Israel December marks a special time in Nigeria, a moment when people take a break from their hectic year to unwind, celebrate, and create lasting memories with loved ones. The month is filled with vibrant arts and entertainment, including plays, musical concerts, festivals, operas, fashion shows, poetry, and various performance arts. As the month unfolds, the atmosphere is ... Read More »
ZENITH BANK WINS ‘BANK OF THE YEAR, NIGERIA’ IN THE BANKER AWARDS 2024
Zenith Bank Plc has emerged as ‘Bank of the Year, Nigeria’ in The Banker’s Bank of the Year Awards 2024. The award, which was announced by The Banker Magazine, Financial Times Group, United Kingdom, during the awards ceremony held in London on December 4, 2024, is in recognition of the bank’s strong management, sound business model and strategy, and approach ... Read More »
ZENITH BANK EXPANDS GLOBAL FOOTPRINTS WITH PARIS BRANCH OPENING
L-R: Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun; President/Chief Executive, Dangote Group, Alhaji Aliko Dangote, GCON; Group Managing Director/Chief Executive, Zenith Bank Plc, Dame (Dr.) Adaora Umeoji, OON; Director General of the Treasury, France, Bertrand Dumont; Executive Director, Zenith Bank Plc, Mrs. Adobi Nwapa; and Founder and Chairman, Zenith Bank Plc, Jim Ovia, CFR, during ... Read More »