Union Bank of Nigeria ‘Union Bank’ has been named as the Best Small and Medium Enterprises (SME) bank in Nigeria by Global Finance – a leading financial international publication, in its second annual 2023 SME Bank Awards. Global Finance seeks to help corporate leaders, bankers, and investors chart the course of global business & finance and has become a trusted ... Read More »
brand
FIRST BANK OF NIGERIA LIMITED PARTNERS CFA SOCIETY NIGERIA TO HOST ITS ANNUAL FLAGSHIP EVENT, THE UNIVERSITIES ETHICS CHALLENGE
First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced its partnership with CFA Society Nigeria to host its annual flagship event, the Universities Ethics Challenge final, scheduled to hold at Radisson Blu Hotel, Victoria Island Lagos on Saturday, 29 October 2022. The Universities Ethics Challenge is designed to increase students’ awareness of the ethical ... Read More »
GTCO Plc Releases 2022 Q3 Unaudited Results
…….. Reports Profit Before Tax of ₦169.7billion agos, Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Unaudited Consolidated and Separate Financial Statements for the period ended September 30, 2022, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦169.7billion, representing an increase of 11.7% over ₦151.9billion recorded ... Read More »
ZENITH BANK SURMOUNTS MACROECONOMIC HEADWINDS WITH DOUBLE-DIGIT GROWTH IN GROSS EARNINGS IN Q3 2022
Zenith Bank Plc has announced its unaudited results for the third quarter ended 30 September 2022, recording a remarkable double-digit growth of 20% in gross earnings from NGN518.7 billion reported in Q3 2021 to NGN620.6 billion in Q3 2022. This performance demonstrates the Group’s resilience against a challenging macroeconomic environment. According to the unaudited account presented to the Nigerian Exchange (NGX), ... Read More »
Update : CBN begins mop up of N3.23tr to tackle Rising inflation
The Central Bank of Nigeria (CBN) will in the next 100 days mop up N3.23 trillion from circulation to tackle rising inflation. CBN Governor Godwin Emefiele made the announcement during a special briefing in Abuja. He said that of the N3.23 trillion cash in circulation as of September 2022, N2.73 trillion is outside the vault of banks. Emefiele said both ... Read More »
Squad Receives Mastercard’s Award for Accelerating Digital Acceptance in Africa
In recognition of its efforts to deepen digital payments acceptance for businesses on the continent, the fintech payment product of HabariPay, Squad, has received an award for “Accelerating Digital Acceptance in Africa” at the inaugural session of the Mastercard EDGE 2022. The event was held to recognize outstanding fintech companies and business leaders that are revolutionizing payments in various ecosystems.The ... Read More »
Announcement of a new core investor in Polaris Bank
…A new Board and Management team appointed Lagos, October 22, 2022: Polaris Bank is pleased to announce that it has been notified of the completion of a Share Purchase Agreement (SPA) for the acquisition of 100% of the equity in Polaris Bank (‘Polaris’ or ‘the Bank’) by Strategic Capital Investment Limited (‘SCIL’). As part of the change in ownership, SCIL ... Read More »
FIRSTBANK BOOSTS THE BUSINESS OPERATIONS OF ITS CUSTOMERS WITH A BOUQUET OF RETAIL PRODUCT OFFERINGS (TITLE OPTIONS)
First Bank of Nigeria Limited has announced its variety of retail products specifically designed to enhance the operations and sustenance of various businesses in the country. The products: Petroleum Dealership Finance (PDF), Operational Vehicle Finance (OVF) and Commercial Mortgage will strengthen the capacity of businesses to meet their immediate and long-term needs which are required to continually impact the socio-economic ... Read More »
Stanbic IBTC Pension Managers Holds Pre-Retirement Seminar Series
Photo 1: L-R: Ehi Iden, Chief Executive Officer, Occupational Health and Safety Managers; Olumide Oyetan, Chief Executive, Stanbic IBTC Pension Managers Limited; Nike Bajomo, Executive Director, Business Development, Stanbic IBTC Pension Managers Limited; Oluronke Olubiyi, Deputy Controller-General, Nigeria Customs Service; Dare Otitoju, Executive Director, Investments, Stanbic IBTC Pension Managers Limited and Olayinka Bukun, Assistant Director, National Agency for Food and ... Read More »
Wema Bank’s Webinar to Share Strategies of Growth for Tech Start-ups and SMEs in Nigeria
Wema Bank, Nigeria’s most innovative bank, has announced that the next edition of its quarterly webinar, aimed at assisting the small and medium-scale enterprise (SME) and early-stage start-up segments of its customer base, will hold on Friday, 21 October, 2022 by 10 a.m. Arthur Nkemeh, Head of SME Banking at Wema Bank said the webinar, themed, “From Start-up to Unicorn: ... Read More »