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…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 »

Zenith Bank Plc has launched the third season of its hugely successful “Zenith Beta Life Promo” to reward its customers with gifts from June 1, 2023, to May 31, 2023. Within this period, twenty bank customers of Zenith Bank will be chosen through a bimonthly raffle draw, each receiving gifts valued at NGN150,000. Five lucky customers will also win a cash ... Read More »

As part of its continuous efforts to champion environmental responsibility and promote sustainable practices, leading financial institution Union Bank of Nigeria partnered with the Nigerian Conservation Foundation (NCF) to celebrate World Environment Day 2023. World Environment Day, observed annually on June 5th, is a global platform to raise awareness, and mobilise action towards pressing environmental issues. The 2023 campaign #BeatPlasticPollution; ... Read More »

The Group Managing Director/Chief Executive Officer of Zenith Bank Plc, Dr. Ebenezer Onyeagwu, has been named ‘Best Banking CEO of the Year in Africa’ in the International Banker 2023 Banking Awards. The award, published in the Spring 2023 Issue of the International Banker Magazine, sees Dr Onyeagwu honoured alongside other individuals and banks from the Middle East and Africa.Expressing gratitude ... Read More »

For the fourth consecutive year, Zenith Bank Plc has been named as the Best Corporate Governance ‘Financial Services’ Africa 2023 by the Ethical Boardroom. The award, which was published in the Spring 2023 edition of The Ethical Boardroom magazine, is in recognition of the bank’s adherence to global best practices and institutionalization of corporate governance, setting an industry-wide example of ... Read More »

..Over 10,000 residents to benefit from new primary healthcare centre. In a bid to boost healthcare delivery to thousands of residents, the Lagos State Government has built and unveiled a new Primary Healthcare Centre (PHC) in Ije-Ododo Community, Iba Local Council Development Area (LCDA), under the Ojo Council Area of the state.The facility, which has been under construction since 2021 ... Read More »

Wema Bank Plc, the leading innovative financial institution in Nigeria, has celebrated the 2023 Children’s Day with a remarkable initiative aimed at equipping teenagers with valuable skills in coding, data analysis, graphics design, and much more. As part of the empowerment program, the bank arranged a surprise visit from renowned Nigerian music artist, Davido, to further add excitement and inspiration ... Read More »

MTN Foundation has said it will upgrade 40 Primary Healthcare Centres (PHCs) with N1 billion. With the project, ‘What We Can Do Together Initiative’, the public is to nominate PHCs in need of upgrade. The nomination, through SMS and on the web, closes on June 17, with the public advised to text MTN to 421. Projects are community-based, implemented since ... Read More »

Shareholders of leading financial institution, Fidelity Bank Plc, have commended the board and management of the bank for delivering an exceptional performance in FY 2022. This was made known at the bank’s 35th Annual General Meeting (AGM) held virtually on Tuesday, May 23, 2023. Speaking at the AGM, the Chairman Emeritus of the Independent Shareholders Association of Nigeria (ISAN), Sir ... Read More »