NOVA Merchant Bank has been appointed Chairperson, Women’s Empowerment Commission of the Women in Finance Nigeria. Okoya’s appointment was announced along with four other new executives at a recent signing of the International Partnership/Affiliation with the Women Working for Change. The Women Working for Change is an organ of the African CEO Forum, the largest international forum of the African ... Read More »
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Fidelity Bank Set to Light Up Anambra Fashion Expo
To provide training on accessing foreign markets to participants Towards developing the capacity of entrepreneurs in the fashion industry and diversifying Nigeria’s foreign exchange earning capacity, leading financial institution, Fidelity Bank Plc, has announced its sponsorship of the Anambra Fashion Expo 2022. According to a statement on the organiser’s website https://anambrafashionexpo.com/ , the event is scheduled to hold at the ... Read More »
FIRSTBANK HOSTS THE FINANCIAL MARKET DEALERS ASSOCIATION (FMDA) QUARTERLY MEETING
First Bank of Nigeria Limited has announced that it will host the Financial Markets Dealers Association’s (FMDA) quarterly meeting scheduled for 5pm on Friday, 16 September 2022, at Federal Palace Hotels, Victoria Island, Lagos. The event themed “Nigeria Macroeconomic Developments and Outlook: IMF View” will have its keynote address delivered by Ari Aisen, IMF Resident Representative for Nigeria. In a ... Read More »
UBA Records Strong Double Digit Growth In Top and Bottom Lines, Declares N0.20k Interim Dividend
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced its audited financial results for the half year ended June 30, 2022, recording double-digit growth across key income lines as well as significant progress in the contribution from its subsidiaries. At the end of the first two quarters of the year, the Bank was able to deliver a 12.6 ... Read More »
BBN 7 Housemate wins in Fidelity GAIM 5 Draw
It seems the stars are truly aligning for Big Brother Naija 7 (BBN 7) housemate -Cyph – as he recently won N1million in the Fidelity Bank Get Alert In Millions Season 5 promo (GAIM 5). Emeka Bright Nwekete (AKA Cyph) a customer of Fidelity Bank, Owerri emerged as one of the 10 winners in the August monthly draw of the ... Read More »
GTCO Plc Releases 2022 Half year Audited Results
… Reports Profit Before Tax of ₦103.2billionLagos, Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Audited Consolidated and Separate Financial Statements for the period ended June 30, 2022, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦103.2billion, representing an increase of 11.0% over ₦93.1billion recorded in ... Read More »
Update : In the News: Fidelity Bank Acquisition of Union Bank UK
We refer to the news regarding the announcement of the proposed acquisition of Union Bank UK Pic. (“UBUK”) by Fidelity Bank. Recall that in 2020, Union Bank of Nigeria Plc. (“UBN”) or (“the Bank”) in a regulatory filing issued to the Nigeria Stock Exchange (NGX), the Bank announced that it had entered a Share Sale and Purchase Agreement to divest ... Read More »
FirstBank commemorates its annual Corporate Responsibility & Sustainability week and promotes kindness across over 7 countries
The FirstBank CR&S Week is a dedicated week designed to offer opportunities for employees to give their time & resources to defined causes in line with the Bank’s CR&S strategic approach;The FirstBank CR&S Week is held in Nigeria and 7 other countries: United Kingdom, Ghana, DRC, Guinea, Sierra Lone, Senegal and Gambia;Since its maiden edition in 2017, the FirstBank CR&S ... Read More »
ZENITH BANK POWERS ON WITH DOUBLE-DIGIT TOPLINE GROWTH IN H1 2022
In a clear demonstration of its industry leadership and consistency in providing superior financial returns, Zenith Bank Plc has announced its audited results for the half-year ended 30 June 2022, recording an astounding double-digit growth of 17% in gross earnings from N346 billion reported in H1 2021 to N405 billion in H1 2022. This is in spite of a very ... Read More »
Zambia Seeks Dangote’s Assistance In Developing Fertiliser Industry
The Zambian Minister of Commerce and Industry, Mr. Chipoka Mulenga, has sought the assistance of the President, Dangote Group, Aliko Dangote in the development of his country’s agricultural sector. Chipoka Mulenga, who led a delegation from Zambia on tour of the 3.00 million metric tonnes Dangote Fertiliser plant at the weekend, called for a collaboration between Dangote Group and the ... Read More »