Saturday , 21 December 2024

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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 »

GTCO Autism Conference Holds on August 29th and 30th at MUSON Centre, Onikan, Lagos.Lagos

The 12th edition of the annual GTCO Autism Conference themed “Creating a Community of Awe-Tism Advocates” will hold on Monday and Tuesday, August 29th and 30th, 2022, at MUSON Center, Onikan, Lagos.The annual Autism Conference is a pivotal component of GTCO’s Orange Ribbon initiative and serves as a key advocacy platform for people living with autism and other developmental disorders. ... Read More »

Stanbic IBTC Pension Managers Launches ‘Make Extraordinary Happen’ Campaign

Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings, recently launched a robust marketing campaign to further drive awareness of the Pension scheme as well as its usefulness to everyone who wants to retire well. Themed: ‘Make Extraordinary Happen’, the Pension Fund Administrator (PFA) emphasised its dedication to supporting the dreams of everyday Nigerians who are working hard to ... Read More »

FIRSTBANK COMMEMORATES 2022 INTERNATIONAL YOUTH DAY, DEDICATING THE WEEK TO CELEBRATING THE YOUTH

First Bank of Nigeria Limited has announced its commemoration of the 2022 International Youth Day, globally celebrated today, 12 August 2022 and themed “Intergenerational solidarity: Creating a World for All Ages.”​ ​The International Youth Day is commemorated every year on 12 August, bringing youth issues to the attention of the international community and celebrating the potential of youth as partners ... Read More »

Disregarded : PUBLICATION ON PURPORTED SALE OF POLARIS BANK

Our attention has been drawn to an online report on the purported sale of Polaris Bank Limited. This publication is speculative, deliberately intended to create panic and should be disregarded by the banking public. Stakeholders may recall the regulatory intervention in the erstwhile Skye Bank by the CBN and the subsequent injection of capital via the Asset Management Corporation of ... Read More »

FIRSTMONIE AGENTS TRANSACT OVER 1 BILLION TRANSACTIONS, REINFORCES FIRSTBANK’S LEADING ROLE IN PROMOTING FINANCIAL INCLUSION IN NIGERIA

The Bank’s Firstmonie Agents play a critical role in promoting financial inclusion in the country​ ​ The Bank currently has over 180,000 Firstmonie Agents spread across 772 Local Government Areas in Nigeria Since 2020, FirstBank has economically empowered thousands of its Firstmonie Agents with over 100 billion naira credit facility ​ First Bank of Nigeria Limited, Nigeria’s premier and leading ... Read More »

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