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Zenith Bank Plc has retained its ranking as the Number One Bank in Nigeria by Tier-1 Capital in the 2023 Top 1000 World Banks’ Rankings, published by The Banker Magazine. For the fourteenth year in a row, the Bank has held its position as the number one Tier-1 bank in Nigeria, emerging as the 467th Bank globally with a Tier-1 ... Read More »

FirstBank has launched an industry first Humanoid Robot at its Adetokunbo Ademola VI, Lagos Digital Experience Centre (DXC) BranchThe robot is among the phased configuration of the bank’s state-of-the-art digitally led self-service branch The Humanoid Robot is equipped with Video Banking and Artificial Intelligence (AI), taking on the role of a friendly branch staff. In furtherance to its leading role in ... Read More »

L-R: Head of Private Clients, SASFIN Wealth, South Africa, Flynn Robson; Chief Financial Officer, Zenith Bank Plc, Dr. Mukhtar Adam; and Chairman, BSG, South Africa, Mteto Nyati during the presentation of the CFO of the Year Award to Dr. Mukhtar Adam at the 11th All Africa Business Leaders Awards (AABLA) in partnership with CNBC Africa, held at the King’s Ballroom, ... Read More »

The governor of Enugu State, Peter Mbah, has shunned the Governorship Election Petition Tribunal’s invitation in the ongoing trial of certificate forgery. The trial follows the application by counsel to the candidate of the People’s Redemption Party, Alex Amujiogo. In the trial that resumed Friday after the Tribunal ordered substituted service of a subpoena on Mba through his lawyer, Mbah ... Read More »

The award was bestowed on FirstBank in recognition of the Bank’s role in promoting trade and investment endeavours across the continent.With its subsidiaries across the FirstBank Group, FirstBank has continued to play a leading role in boosting cross-border businesses, including trade and investment opportunities, essential to enhancing trade relations amongst countries.In 2021, the Bank launched its First Global Transfer (FGT) ... Read More »

In December 2015, the share price of First Bank of Nigeria Limited was trading around N4.8 band. About seven years later, precisely last December, the value held tightly to N15, growing by over threefold amid general asset and economic doldrums. The steep rise in the valuation of the financial institution deviates remarkably from the average performance of FUGAZ, an acronym ... Read More »

–R; Chief Digital Officer, Wema Bank, Olusegun Adeniyi; Executive Director, Retail and Digital Business, Wema Bank, Tunde Mabawonku; Co-Founder, HealthTech Startup, Emergency Response Africa, Folake Owodunni; Founder, EdTech Startup, Dozzia, Mubarak Robyn; Head Innovation, Wema Bank, Solomon Ayodele and Chief Information Officer, Wema Bank, Adeoluwa Akomolafe, Read More »

Polaris Bank has announced an exciting and available opportunity for its customers and prospects seeking a remarkable intercontinental holiday experience tagged: Cruise the Caribbean with Polaris Holiday Loan.    The Bank said it was thrilled to invite its valued customers and prospects to explore the world in style and luxury with a term loan offer for an unforgettable intercontinental holiday ... Read More »

…Dazzles stakeholders with growth across key metrics Rising from a lower profit margin of N10.2billion and a debilitating Non-Performing Loan portfolio of 45 per cent in 2015, to an impressive profit of N147billion and a significantly lowered NPL rate of 5.6 per cent in 2022, FirstBank has proven that its back-to-back profit-making is far beyond recoveries made, but rather it’s a ... Read More »

Telecom operators have accused big deposit money banks (DMBs) of owing the huge percentage of the N120 billion debts that arose from the use of Unstructured Supplementary Service Data (USSD). They also accused the big DMBs of intransigence in paying the debt. Acting under the aegis of Association of Licensed Telecoms Companies of Nigeria (ALTON), the operators also said they ... Read More »