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 »
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Nigeria generates N298bn from VAT in Q4, 2018
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 »
Fidelity Bank rewards 32 winners with N18m in GAIM Season 3
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 nets N193bn profit, offers N2.50 final Dividend
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 Assures Customers of a Memorable Valentine
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 »
Ecobank deepens financial inclusion, Launches EcobankPay Zone AT Alaba Int. Market
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 »
Globacom lands 26 aircraft full of telecoms equipment: spends billions to upgrade network capacity
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 »
How Leo won a million hearts in 12 months…More than one million Africans now bank on Leo
With ever-increasing customer expectations of quick service and near real-time transactional support, United Bank for Africa (UBA) committed resources to Artificial Intelligence (AI) a year ago, birthing Leo, a Banking Chatbot that helps customers carry out key banking transactions anywhere, using mobile devices and personal computers. Leo can be accessed via Facebook or WhatsApp. “Our customers are increasingly asking for ... Read More »
GTBANK MASTERS CUP SEASON 8 GROUP TABLE MALE AND FEMALE
GTBANK MASTERS CUP SEASON 8 GROUP TABLE A B C D E F G KINGS COLLEGE LAGOS ANWAR-UL-ISLAM MODEL COLLEGE, AGEGE. GREENSPRINGS SCHOOL, LEKKI EKO BOYS HIGH SCHOOL, MUSHIN WESTERN COLLEGE, YABA IGBOBI COLLEGE, YABA JIBRIL MARTINS MEMORIAL GRAM. SCHOOL, IPONRI BAPTIST ACADEMY, OBANIKORO CMS GRAMMAR SCHOOL, BARIGA FEDERAL SCIENCE AND TECHNICAL COLLEGE, YABA WHITESAND SCHOOL, LEKKI INTERNATIONAL SCHOOL LAGOS, ... Read More »
GTBank Masters Cup Returns for Season One
GTBank Masters Cup Returns for Season One of the most exciting secondary school football tournaments in Africa, the GTBank Masters Cup, is set to return for its 8th season, following its opening draws, which was held on Thursday, January 17, 2019, in Victoria Island, Lagos. The tournament will feature over 30 schools and more than 40 teams who will compete ... Read More »