Caption: (left to right) Dr. Doyin Salami, Chairman Nigeria’s Economic Advisory Council, Mr. Ben Akabueze, Director General, Budget Office, Mrs. Nneka Onyeali-Ikpe, Managing Director/CEO Fidelity Bank and Mr. Bismarck Rewane, CEO, Financial Derivatives at the One-Day Summit on the Economy by bank CEOs, organized by the CBN/Bankers Committee and Vanguard Newspapers in Lagos Friday. Read More »
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MTN boosts telecom retailers with modern solar powered Kiosks
In affirmation of its commitment to Nigerians, MTN Nigeria has supported over 2,000 retailers with ultra-modern kiosks as part of its “Kiosk as a Service” (KaaS) scheme. The scheme aims to uplift retailers across the country. The “Kiosk as a Service” scheme has been created to empower at least 2,000 retailers in Nigeria with solar-paneled kiosks. The modern kiosks are ... Read More »
Zenith Bank Becomes Nigeria’s Biggest Bank By Asset
Jim Ovia-led Zenith Bank Plc saw a 34 per cent surge in its asset base in 2020, lifting the value from N6.347 trillion to N8.481 trillion in one year and making it Nigeria’s biggest bank by asset, its audited financial statements showed on Tuesday. Access Bank executed no fewer than four major expansion deals on the continent last year including ... Read More »
Stakeholders Endorse Ecobank Stewardship Pack and School Bundle
Stakeholders in faith-based organisations and education sector have endorsed the two new products recently introduced into the financial market by Ecobank Nigeria, saying they can provide solutions to their needs. The products Ecobank Stewardship Pack and the Ecobank School Bundle are targeted at religious and educational institutions at all levels respectively. The Ecobank School bundle is designed to help educational institutions ... Read More »
FIRSTBANK HIGHLIGHTS ROLES OF SMES TO ECONOMY AT EHINGBETI LAGOS SUMMIT
The Chief Executive Officer of First Bank of Nigerian Limited, Dr Adesola Adeduntan, has restated the strategic importance of small and medium enterprises SMEs to the growth and development of the national economy. Adeduntan said the path to the growth of Nigerian economy lies in growing the SME sector, and that informed why First Bank has deliberately provided robust support ... Read More »
Stanbic IBTC Gives N34.8m In Scholarship to Successful UTME Students
AStanbic IBTC Holdings PLC, a member of Standard Bank Group, has awarded scholarships to successful candidates in the 2019 and 2020 University Tertiary Matriculation Examinations (UTME). This was done as part of its aspiration to encourage hardwork and excellence in academic pursuit. The 87 beneficiaries were drawn from the 36 states of the federation and the FCT. The beneficiaries comprised ... Read More »
Fidelity Bank Plc successfully issued the largest ticket Tier II Local Bonds in Nigeria.
Fidelity Bank Plc has successfully issued 10 years N41.21 billion in fixed rate unsecured subordinated bond at a 8.5 percent coupon rate due in 2031. The bond issuance which was fully subscribed given that total investor interest and commitments in the bonds were N56.6 billion, adds to the impressive portfolio of landmark transactions structured by the bank, and underscores its capacity to ... Read More »
Fidelity Bank Successfully Issued Largest Ticket Tier II Local Bonds
Fidelity Bank has successfully issued 10 years N41.21 billion in fixed rate unsecured subordinated bond at a 8.5 percent coupon rate due in 2031. The bond issuance which was fully subscribed given that total investor interest and commitments in the bonds were N56.6 billion, adds to the impressive portfolio of landmark transactions structured by the bank, and underscores its ... Read More »
WITH YOUR FIRSTMONIE WALLET, YOUR VALENTINE HAS GOT A BOOST WITH BONUS DATA AND AIRTIME
You’ve got Firstmonie Wallet on your phone? Did I hear you say Yes… then, count yourself lucky because your first daily recharge and data subscription between 13 – 15 February will give you the opportunity to speak more to your loved ones, or spend more time on your favourite social media channel. In sharing love this valentine season, Firstmonie Wallet ... Read More »
Ecobank Nigeria Introduces Money Transfer Via SMS, WhatsApp
Ecobank Nigeria says its customers are now able to transfer funds by email, SMS and Whatsapp – new features available on the Bank’s Mobile App. Speaking, Olukorede Demola-Adenyi, Head, Consumer Banking Ecobank Nigeria said that this is part of the bank’s innovation in digital banking, enabling customers perform their transactions conveniently. She also spoke on the simplified and more appealing interface of the ... Read More »