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Dr. Adaora Umeoji OON, Group Managing Director/CEO, Zenith Bank Plc (left) and Mr David Lammy, the British Foreign Secretary during a recent meeting on areas of mutual partnership.
Category: Capital Market/Banking
Oando Reports N60.3b Profit, N2.9tri Revenue In 2023
Oando Plc has reported a Profit After Tax (PAT) of N60.3 billion in its audited financials for the year ended December 31, 2023.City Business News online reports that within the period, the company recorded a 43 per cent increase in...
Q3: Access Holdings Declares N3.4tri Gross Revenue
Access Holdings Plc has announced its unaudited results for the third quarter ended September 30, 2024.According to the foremost financial institution, gross revenue for the nine-month period rose by 114.5% year-on-year, climbing from ₦1.6 trillion in 2023 t...
NDDC Partners Bank, Commissions Branch
The Niger Delta Development Commission (NDDC) is to sustain collaboration with financial institutions as part of efforts to accelerate economic growth and development in the Niger Delta region.Speaking during the commissioning of a Providus Bank branch at the ...
CSCS Bags Capital Market Award
Central Securities Clearing System (CSCS) Plc, Nigeria’s premier capital market infrastructure, has been honoured for its outstanding contributions to the financial services industry.City Business News reports that CSCS received the prestigious Capital Marke...
Access Bank Unveils ‘Power Of 100 Africa’ To Celebrate Women
Access Bank has announced the launch of The Power of 100 Africa initiative, aimed at honoring women driving change across various sectors in Africa. Building on the success of the 2015 Power of 100 book, which celebrated influential Nigerian women,...
United Capital Emerges Biggest Winner At 2024 BAFI Award
United Capital Group dominated the 2024 BusinessDay Banks and Other Financial Institutions (BAFI) Awards, securing five major awards and solidifying its position as a top-tier financial services powerhouse. City Business News report that the Pan-Af...
FBNHoldings Opens N150b Rights Issue
FBNHoldings Plc has opened its Rights Issue, offering 5.983 billion ordinary shares at 50k each, priced at N25 per share, totalling N150 billion, to existing shareholders.This offering by FBNHoldings is based on one new ordinary share for every six ordinary...
Ecobank Nigeria Unveils AI, Digital Skills Training For Lagos Schools
Ecobank Nigeria has partnered with Opolo Global to deliver training and empowerment to schools in Lagos as part of its annual Ecobank Day activities.This flagship social initiative, spearheaded by the Ecobank Foundation, encourages employees to give back to th...
Ecobank Nigeria To Host Design, Build Expo
Ecobank Nigeria is set to host its inaugural Design & Build Expo, aimed at highlighting the latest trends, innovations, and sustainable practices in architecture, construction, building materials, household appliances, engineering, and interior design. &nb...
UBA Declares N525.3b Profit In Q3 2024
For the month of third quarter ended September 2024, United Bank for Africa (UBA) Plc, recorded N525.31 billion Profit After Tax (PAT). The unaudited financial report filed with the Nigerian Exchange Ltd.(NGX) on Monday indicates 16.9 per cent increase, from.....
NCMI Holds Compliance Summit on FATF
The Nigerian Capital Market Institute (NCMI), a subsidiary of the Securities and Exchange Commission (SEC) is holding a compliance summit for Chief Executive Officers and Compliance Officers on Financial Action Task Force and other related issues.The Summit wi...
Leadway Assurance Blames Gtbank For Delayed Annuity Payment
Leadway Assurance has blamed delay in the payment of September 2024 annuity on transaction challenges at Gtbank.Some Gtbank account holders are yet to receive their payments for the Month of September 2024.Leadway Assurance in a notice sent to annuitants expla...
AfDB Unveils $100m Investment Bank For Nigerian Youths
The African Development Bank (AfDB) has approved a Youth Entrepreneurship Investment Bank for Nigeria. AfDB president, Akinwunmi Adesina disclosed this on Friday in Abuja while delivering a keynote address at the 90th Birthday Lecture of former Head...