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FirstBank has announced its ongoing Visa on mobile (QR) payment promo to reward customers with various discounts for using the QR payment on the FirstMobile App. The promo ends February 28. The Visa QR payment on FirstBank’s Firstmobile is a smart and convenient way to carryout transactions without the use of cards. All that is needed is for the customer ... Read More »

Heritage Bank Plc will be giving $25, 000 grant to winners in its innovation accelerator programme tagged, “HB LAB”. The maiden edition of HB LAB is a 12-week programme,   expected  to provide technology startups with enabling environment, resources and support required to innovate and accelerate impactful solutions. It said it would  radically improve financial Inclusion/Intermediation, in agriculture and other related ... Read More »

The Securities and Exchange Commission (SEC) has approved the book build for the proposed Access Bank Plc N15 billion Green Bond issuance. Following the approval, the book build, which commenced yesterday will be concluded within a week. This will be followed by funding of commitment by Friday, March 1, 2019. The Bond, a five-year Fixed Rate Senior Unsecured Green Bond ... Read More »

Zenith Bank expects loan volumes to return to growth this year after 2018’s decline, and is targeting higher activity in the agricultural sector, the bank said yesterday. The lender said it aimed to grow loans by 7.5 per cent in 2019 after they declined last year due to early repayments, saying borrowers were replacing overdrafts with term loans. It had ... Read More »

The National Bureau of Statistics ( NBS ), said Nigeria generated N298.01 billion from Value Added Tax (VAT) in fourth quarter, 2018. NBS said this in a Sectoral Distribution of VAT report for the fourth quarter, 2018 posted on its website. The News Agency of Nigeria reports that VAT is a consumption tax placed on a product whenever value is ... Read More »

L-R: Head, Savings Group, Janet Nnabuko; Head, Strategy & Business Transformation, Adetunji Mustapha; Representative from Consumer Protection Council (CPC), Susie Onwuka; Executive Director, Shared Services & Products, Chijioke Ugochukwu; Representative from National Lottery Regulatory Commission, Amaka Osakwe; Representative from Lagos State Lotteries Board, Rowland Samuel at the 4th Monthly/2nd Bi-Monthly Draw of Fidelity Bank Get Alert in Millions Season 3 ... Read More »

Zenith Bank Plc has reported a growth of 16. 2 per cent in its profit before tax (PBT) as well as 11.3 per cent growth in profit after tax (PAT) for the year ended December 31, 2018. According to the audited results made available yesterday, the lender recorded a decline in gross earnings from N745.189 billion in 2017 to N630.344 ... Read More »

Ecobank Nigeria has stated that its innovative digital products are available to make this Valentine season an exciting one for its customers. The bank’s customers are being offered mouth-watering deals and offers when they pay with EcobankPay at designated merchant locations in Aba, Lagos, Abuja, Port Harcourt . Executive Director, Commercial Banking, Carol Oyedeji, who stated this in Lagos, said ... Read More »

      The Managing Director, Ecobank Nigeria, Patrick Akinwuntan, has launched EcobankPay zone at Alaba International Market, Lagos, and expressed the bank’s commitment to continue innovating more payment and financial solutions to best serve traders across the country. According to Akinwuntan, the bank has designated Alaba market as an EcobankPay zone, meaning that patrons of the market, Ecobank and ... Read More »

Telecoms leaders, Globacom is determined to innovate and redefine its network for wider reach, optimum quality of service, greater data speed and larger capacity in 2019. Going by the current level of new investments in network infrastructure the company is set to take a greater share of the voice and data market in 2019, a new technical roadmap from the ... Read More »