Banking Archives — Page 2 of 55

November 14, 2023 No Responses

At IATF 2023, Ecobank Group Champions Intra-African Trade Growth

Ecobank Group has said it is positioned as the ‘go to’ bank for payments and trade in Africa. Eric Odhiambo, Group Executive, Corporate and Investment Banking, Ecobank Group who was speaking on the ongoing Intra-African Trade Fair 2023 (IATF 2023) taking...

November 4, 2023 No Responses

Unity Bank Records N38.2b Gross Earnings In Q3

Unity Bank Plc has recorded gross earnings of N38 billion for the nine-month period ended September 30, 2023, with customer deposits appreciating by 5% to N344.4 billion within the period, indicating business growth and customer confidence in the Bank. A...

October 7, 2023 No Responses

FG Seeks Partnership With Banking Sector On One Million Digital Jobs

The Vice President, Kashim Shettima has called for the partnership and support of the banking sector as part of measures to create one million digital jobs for young Nigerians. Shettima made this appeal during a meeting with a delegation f...

September 23, 2023 No Responses

FG, NGX To Drive Startup Listings With Tech Board

The Federal Government through the Ministry of Communications, Innovation and Digital Economy is to collaborate with Nigerian Exchange Limited (NGX) to stimulate startup listings with the newly created NGX Technology Board. The Minister of Communications...

September 21, 2023 No Responses

UBA Canvasses Stakeholders’ Collaboration Against Digital Threats

The Head of Digital Banking, United Bank for Africa Plc (UBA), Olukayode Olubiyi has called on stakeholders to come together as part of measures to checkmate growing threats to the country’s digital payment system. Olubiyi made the call whil...

September 5, 2023 No Responses

NGX Sustains Growth, Index Surpasses 68,000 Mark With 33 Per Cent

The Nigerian Exchange Limited (NGX) has achieved a significant milestone as its All-Share Index (ASI) surged to an unprecedented level of 68,279.14, marking a 1.11% increase. This achievement surpasses the previous record of 66,371.20 points set on March 5, 20...

August 21, 2023 No Responses

$3b NNPCL/Afreximbank’s Naira Rescue Agenda Excites Tinubu

President Bola Tinubu is happy that the $3 billion in crude-for-cash funding secured from the African Export-Import Bank (Afreximbank) by the Nigerian National Petroleum Corporation (NNPC) Limited is gradually giving a breather to the foreign exchange market.&...

August 15, 2023 No Responses

CBN: New FX Policy Will Lead To Losses For Speculators

The acting Governor of the Central Bank of Nigeria (CBN) Fola Shonubi, on Monday warned speculators of potential losses as they implement a new policy to stabilize the exchange rate regime. Shonubi explained that the CBN has come up with...

August 9, 2023 No Responses

ACAMB To Brainstorm On Marketing Financial Services In Dynamic Times

The Association of Corporate Affairs Managers of Banks (ACAMB), the umbrella body of corporate and marketing communication professionals working in Deposit Money Banks (DMBs) in Nigeria, has announced Thursday, August 17, 2023, as the date for its 2nd National...

August 9, 2023 No Responses

Firstbank Graduates More Senior Management Development Programme Participants

First Bank of Nigeria Limited has announced the graduation of 20 successful participants in the fourth edition of its Senior Management Development Programme (SMDP) at an event held recently at Oriental Hotel, Lagos. Before the 2023 graduation, the SMDP had...

August 2, 2023 No Responses

Ecobank: Our Diversified Business Model, Commitment To Serving Our Customers Responsible For Resilient Balance Sheet

The Chief Executive Officer of Ecobank Group, Jeremy Awori, has attributed the group’s profitability in the second quarter of 2023 to its strategic roadmap which demonstrated the benefits of its diversified business model, resilient balance sheet and commitm...

July 13, 2023 No Responses

How To Send Money Across Africa Using Ecobank Mobile, Omnilite Apps

Ecobank customers can now transfer money in seconds to 33 African countries where Ecobank Group operates using Ecobank Mobile and Omnilite apps and the recipient gets immediate credit in the target country’s local currency. Announcing this new developme...

June 16, 2023 No Responses

Stanbic IBTC Appoints Yinka Sanni Non-Executive Director 

The Board of Directors, Stanbic IBTC Holdings Plc has appointed Mr Yinka Sanni as a Non-Executive Director. In a notice to the Nigerian Exchange Limited (NGX) signed by Chidi Okezie, the Company Secretary, Stanbic IBTC Ho...

June 15, 2023 No Responses

Fitch Affirms Fidelity Bank Ratings with Stable Outlook

Fitch Ratings has affirmed Fidelity Bank Plc’s credit rating at ‘B-‘ with a stable outlook, according to its recent report. The global rating agency also upgraded the bank’s National Short-Term Rating to ‘F1+(nga)’ from ‘F1(nga)’. It said...