Banking Business – Page 6 – City Business News

June 3, 2021 No Responses

First Bank: Our South East Branches Are Fully Open For Business

First Bank of Nigeria Limited (FirstBank) has reiterated that all its South East branches are fully open for business activities. A statement issued by Folake Ani-Mumuney, Group Head, Marketing & Corporate Communications said:“This is to...

June 3, 2021 No Responses

Polaris Bank Highlights Digital Banking Platform Benefits

By citybusinessnews@yahoo.com — Polaris Bank has restated that its newly-launched digital banking platform, VULTe, is a quick self-service innovation aimed at delivering greater value and benefits to existing and new customers of the Bank. The Chief D...

June 1, 2021 No Responses

Fidelity Bank Rewards 62 SWEETA Holders With N150, 000 Each

To mark this year’s Children’s Day, Fidelity Bank Plc doled out N150, 000 to 62 Sweet Account (SWEETA) holders across the country, amounting to whopping total of N9.3 million. Under the auspices of the loyalty scheme, the bank...

May 27, 2021 No Responses

TAJBank Opens Three New Branches In Abuja

TAJBank has opened three new branches in Abuja in furtherance with its sustained drive to deepen financial inclusion and offer stress-free innovative financial services to its growing customers nationwide. Speaking during the opening ceremony of the technology...

May 10, 2021 No Responses

Listing On LCFE: Heritage Bank-Dukia Gold Set To Unlock N344trillion Market Worth Of Gold

Heritage Bank for being part of valuable private sector collaboration with Dukia Gold & Precious Metals Refining Co. Limited is set to unlock the over N344trillion market worth of gold investible instruments in the solid minerals sector with the concluded....

May 7, 2021 No Responses

Shareholders Laud Sterling Bank’s 2020 Performance

Shareholders of Sterling Bank Plc have commended the board and management of the bank for the remarkable display of resilience, improved performance and returns on investment in 2020 financial year The shareholders gave the commendation at the bank’s 5...

May 5, 2021 No Responses

UBA Wins ‘Bank of the Year’ Award

Pan-African financial institution, United Bank for Africa (UBA) Plc added to its growing list of laurels at the Independent Newspaper Awards, winning the Bank of the Year. The bank was announced winner of the coveted awards at a glamorous event...

May 1, 2021 No Responses

Fidelity Bank Lists Growth Agenda As Shareholders Okay N6.4b For 2020 Dividend

The Managing Director, Fidelity Bank Plc, Mrs Nneka Onyeali-Ikpe, on Friday said the bank’s emergence as a Tier 1 financial institution by 2025 is her top priority. Onyeali-Ikpe who disclosed this on the sidelines of the bank’s 33rd ...

May 1, 2021 No Responses

Union Bank Confirms Beatrice Bassey As Board Chair

The Central Bank of Nigeria (CBN) has confirmed the appointment of Mrs Beatrice Bassey, as the substantive Chair of Union Bank of Nigeria (UBN) Plc. In a statement on Friday Union Bank explained that Bassey joined the bank’s board in 2...

April 30, 2021 No Responses

Access Bank Explains Q1 30% Increase In Profit Before Tax

Access Bank Plc has posted a profit before tax (PBT) of N60.1billion representing an increase of 30 per cent for the first quarter ended March 31. The Chief Executive Officer of the group, Mr Herbert Wigwe, disclosed in an unaudited financial....

April 29, 2021 No Responses

FirstBank Appoints Gbenga Shobo As New MD

First Bank of Nigeria Ltd. has announced the appointment of Mr Gbenga Shobo, currently the deputy Managing Director (DMD), as the Managing Director/Chief Executive Officer designate of the bank.The bank’s Chairman, Mrs Ibukun Awosika, explained in a statemen...

April 29, 2021 No Responses

Fidelity Bank Declares N10.1B Profit Before Tax In Q1

For the first quarter ended March 31, 2021, Fidelity Bank Plc has recorded improvement in its financial performance. Details of the unaudited results, released at the Nigerian Stock Exchange (NSE) show that Profit before Tax (PBT) grew by 53.9% from...

April 22, 2021 No Responses

First Bank CEO Urges Govt, Businesses To Leverage Technology, Innovation

Dr Adesola Adeduntan, Chief Executive Officer (CEO), First Bank Group, has urged government, relevant financial authorities and businesses to leverage technology and innovation for better financial inclusion and an improved Nigerian economy. Adeduntan gave the...