Zenith Bank Plc has again emerged as the ‘Most Valuable Banking Brand in Nigeria’ in the Banker Magazine Top 500 Banking Brands 2021. The bank disclosed this in a statement on Sunday titled ‘Zenith Bank emerges Nigeria’s most valuable banking brand’. The statement said for the fourth consecutive year, Zenith Bank had been ranked as the number-one banking brand in ... Read More »
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Access Bank repositions digital payment to reap AfCFTA gains
Access Bank’s planned expansion to eight African countries will come with huge gains from the 1.3 billion people targeted in the African Continental Free Trade Agreement (AfCFTA) deal. The bank’s strong digital banking platforms will play well in enabling electronic payments across countries of operation and beyond. The lender is not only focusing on key markets to support regional trade ... Read More »
Fidelity Restates Support To Small Business As Enugu First Lady, ABCON Commend Bank
Fidelity Bank Plc, top Nigerian lender has reaffirmed its commitment to enhancing the productivity and prosperity of Micro Small and Medium Enterprises (MSMEs) in the country by providing capacity building and advisory services, innovative funding options and other forms of relevant support that would significantly improve their overall contributions to national development. Fidelity CEO, Mrs. Nneka Onyeali-Ikpe gave the assurance ... Read More »
FIRSTBANK SUPPORTS SCHOOLS WITH ARRAY OF EXCITING EDUCATIONAL SOLUTIONS
First Bank of Nigeria Limited is supporting schools with an array of educational based products and solutions targeted at enabling the acquisition of various facilities to boost the continuous expansion and improvement of the educational sector. Parents are not left out, as the Bank has bespoke products which empowers parents and guardians to meet the educational needs of their children. ... Read More »
Ecobank Nigeria Has Stable Outlook, Quality Management – Fitch Rating
Fitch Ratings has assigned Ecobank Nigeria Limited (ENG) a Long-Term Issuer Default Rating (IDR) of ‘B-‘ with a Stable Outlook, Viability Rating (VR) of ‘b-‘ and National Long-Term Rating of ‘BBB (nga)’. The report, released Thursday, noted that Ecobank Nigeria IDRs are driven by its standalone creditworthiness, as expressed by its Viability Rating (VR). The VR reflects the constraint of ... Read More »
Stanbic IBTC Bureau De Change closes
STANBIC IBTC Holdings Plc’s Bureau De Change Subsidiary, Stanbic IBTC Bureau De Change (BDC) Limited has discontinued its Bureau de Change business from January 1 by relinquishing its licence. The discontinuation of the BDC business was primarily driven by changes in regulations, which afford customers with the opportunity of purchasing foreign exchange (Personal Travel Allowance and Business Travel Allowance) from ... Read More »
Fidelity Bank Hosts National Capacity Building Webinar For SMEs
…Maiden Enugu Edition To Empower Entrepreneurs Fidelity Bank Plc, top Nigerian lender is set to organise a National Capacity Building Webinar For Small Medium Enterprises (SMEs) in the country. The programme is part of deliberate efforts to assist entrepreneurs across all sectors of the Nigerian economy develop requisite capacity to unlock their full potentials and take their businesses to the ... Read More »
UBA’s LEO: Celebrating three Years of Revolutionised Banking Services
Technology has been a veritable gift to mankind, and over the years, it has been responsible for creating amazingly useful resources which put all the information individuals need at their fingertips. The development of technology has also led to so many mind-blowing discoveries, better facilities, and better luxuries, which has in-turn helped to improve lifestyle and standard of living. For ... Read More »
FIRSTBANK DEEPENS FINANCIAL INCLUSION WITH LARGEST AGENT BANKING NETWORK, EMPOWERS SMES
At present, there are over 86,000 banking agents across 772 out of the 774 local government areas in Nigeria, a demonstration of FirstBank’s commitment to deepening financial inclusion and ensuring the unbanked are adequately catered for. In an interview with BusinessDay, Adesola Adeduntan, FirstBank’s CEO, noted that over N9.6 trillion had been processed through the bank’s agent network. As he ... Read More »
Heirs Holdings Significantly Expands Oil and Gas Portfolio
Heirs Holdings (“HH”), the leading African strategic investor, in partnership with affiliated company Transnational Corporation of Nigeria Plc (“Transcorp”), Nigeria’s largest publicly listed conglomerate, announced today the unconditional acquisition of a 45% participating interest in Nigerian oil licence OML 17 and related assets, through TNOG Oil and Gas Limited (a related company of Heirs Holdings and Transcorp), from the Shell Petroleum Development Company of Nigeria Limited, ... Read More »