brand

Union Bank has announced the return of the Save & Win Promo, its flagship campaign aimed at rewarding new and existing customers with cash rewards and other gift items worth over N55,000,000. Following a successful first season, this second edition of the nationwide campaign which coincides with the Bank’s 105th anniversary will benefit more customers to appreciate them for their ... Read More »

The FirstGem fund (FirstGem loan) is a single-digit loan scheme, exclusively designed to put women at an advantage in contributing to the socio-economic development of the country. The loan scheme covers female-owned or partnered SMEs in various sectors of the economy Launched in 2016, FirstGem has been impactful in driving financial inclusion, influencing women’s empowerment through gender-advancement programmes like savings ... Read More »

Fitch Ratings has upgraded Fidelity Bank Plc’s long-term issuer default rating (IDR) from ‘B-’ to ‘B’, reflecting the bank’s increased creditworthiness. The rating agency also upgraded Fidelity’s National Long-Term Rating to ‘A(nga)’ from ‘BBB+(nga)’. According to the global rating agency, the upgrade is a result of the Bank’s improving business profile and resilient financial metrics. The agency added that the ... Read More »

L-R : Head, Health Sector Finance, Sterling Bank Plc, Adewale Adebowale; Project Director, Nigerian Healthcare Excellence Awards 2022, Dr. Wale Alabi and Group Head, Health Finance, Sterling Bank Plc, Ibironke Akinmade at the 8th Annual Nigerian Healthcare Excellence Awards in Lagos over the weekend. Sterling Bank Plc, Nigeria’s leading commercial bank, has given special recognition awards to healthcare providers who ... Read More »

Unity Bank’s flagship Entrepreneurial Development Initiative, Corpreneurship Challenge, is set to return for the 8th edition across 10 locations in Nigeria, including a debut in Delta and Rivers States. The Retail lender kick-started the Corpreneurship Challenge scheme in 2019, with a launch in Lagos and in three other states, which included Edo, Ogun, and Abuja, but with the increasing traction ... Read More »

L-R: Prof. Oyelowo Oyewo; Coordinator of the Nigerian Association of Constitutional Law (NACL); Dr. Oruene Finebone – Secretary, Mediacal Women Association of Nigeria, Rivers State Branch; Barrister Sotonye Inyeinengi-Etomi, President of the Men’s League of Christ Church Port Harcourt; Very Rev. (Dr), Ivan Ekong, Asst. Resident Minister, Christ Church Port Harcourt; Figbene Briggs, Regional Head, South South 1 & 2 ... Read More »

Fitch Ratings has affirmed Ecobank Nigeria Limited’s (ENG) Long-Term Issuer Default Rating (IDR) at ‘B-‘ with a Stable Outlook. Fitch also affirmed the Bank’s Viability Rating (VR) at ‘b-‘ and National Long-Term Rating at ‘BBB (nga)’. The rating agency released this rating last week, stating that the Bank’s IDRs are driven by its standalone creditworthiness, as expressed by its Viability ... Read More »

ix from left. Nike Kolawole, Head, Agency Banking, Ecobank Nigeria; Korede Demola-Adeniyi, Head, Consumer Banking, Ecobank Nigeria; Balogun Akin Osuntokun, Public Affairs Analyst; His Imperial Majesty, Adeyeye Ogunwusi, Ooni of Ife; Mr Patrick Akinwuntan, former Managing Director, Ecobank Nigeria; Princess Aderonke Ademiluyi, Managing Director, Adire Oodua Textile Hub and Clarion Chukwurah, Nollywood Legend at the Ecobank Adire Lagos Experience exhibition ... Read More »

Without a doubt, digital payment is the next growth frontier for financial services. Amongst other extenuating factors, growing digitalisation, mobile penetration, and evolving consumer behaviour have accelerated the shift towards cashless thereby creating entirely new business models and solutions built around payments. Given the key role digitalisation plays in the financial lives of many people today, electronic payments are at ... Read More »

When it comes to internet penetration and adoption of mobile payments, most African countries are still very much below the global average. Even where the internet penetration is improving, the mobile payments adoption rate is still low, meaning an overall lag. For instance, in Kenya where mobile payment adoption is most on the continent, only about 23.1% of the internet ... Read More »