Banking Archives — City Business News

October 13, 2021 No Responses

FirstBank Partners NIBSS On Digital Payment

First Bank Nigeria has sealed a partnership with the Nigeria Inter-Bank Settlement System Plc. (NIBSS) on its Nigeria Quick Response (NQR) payment solution. A statement issued on Wednesday quoted the Bank’s Chief Executive Officer, Dr Adesola Adeduntan as saying NQR is...

October 4, 2021 No Responses

FirstBank’s FinTech Summit To Highlight Open Banking

First Bank of Nigeria has explained that the 2021 FinTech summit scheduled to hold virtually on October 7, will highlight the impact of open banking on financial inclusion. The Chief Executive Officer of FirstBank, Dr Adesola Adeduntan, in a s...

October 3, 2021 No Responses

Access Bank Photo News

L-R: Abdul Imoyo, Head, Media Relations, Access Bank Plc, at the Finance Correspondents Association of Nigeria’s (FICAN) 30th-anniversary conference and awards, receiving award won by Access Bank Plc from Central Bank of Nigeria (CBN) Directo...

September 27, 2021 No Responses

Innovation, Quality Service Earned TAJBank Industry Award – Customers, Others

Scores of TAJBank Limited’s customers and other industry analysts from across the geo-political zones of the country have linked the award conferred on TAJBank Limited, Nigeria’s most innovative non-interest bank, by the Leadership Media Group as well...

September 27, 2021 No Responses

Fidelity Bank Boss Reiterates Support For SMEs

Banks are not shying away from their responsibilities of supporting Small and Meduim Enterprises (SMEs), Managing Director/Chief Executive Officer, Fidelity Bank Plc, Mrs Nneka Onyeali-Ikpe, has said. Speaking at the annual conference/30...

September 24, 2021 No Responses

FBN Holdings Boss, Ex NSIA CEO, Others Win 2020 Zik Prize

The Group Managing Director, FBN Holdings Plc, U.K. Eke and the pioneer Managing Director /Chief Executive Officer, Nigeria Sovereign Investment Authority (NSIA), Mr. Uche Orji on Thursday emerged winners of 2020 Zik Prize in the Professional Leadership catego...

September 15, 2021 No Responses

Kia Nigeria Partners CIBN 14th Conference On Economic Recovery, Growth Agenda

The chairman, consultative committee, 14th annual banking & finance conference of Chartered Institute of Bankers of Nigeria (CIBN), Mr Herbert Wigwe, has highlighted the significant role Kia Nigeria is playing in the drive towards economic divers...

September 14, 2021 No Responses

FirstBank Gets Global Finance Award

First Bank of Nigeria Ltd has won the Global Finance ‘Private Bank of the Year 2021’ award. The Deputy Managing Director of the bank, Mr Gbenga Shobo, in a statement on Monday explained that the bank was bestowed the award...

September 13, 2021 No Responses

Fidelity Bank Grows PBT by 72.4% In Six Months

Fidelity Bank Plc has posted a profit before tax (PBT) of N20.6 billion for the six months ended June 30, 2021. The Managing Director/Chief Executive Officer of Fidelity Bank, Mrs Nneka Onyeali-Ikpe, disclosed this in the bank’s audited half-year (H1)...

September 7, 2021 No Responses

Stanbic IBTC Records 50.13% Drop In Profit

Stanbic IBTC Holdings Plc on Monday posted a profit before tax (PBT) of N24.70 billion for the six months ended June 30, 2021. This was stated in the bank’s consolidated and separate interim financial statements signed by the Company Secretary,...

August 28, 2021 No Responses

Zenith Bank’s Profit Grows By 2.6% In Six Months

Zenith Bank Plc has posted a profit before tax (PBT) of N117.05 billion for six months as of June 30, against N114.12 billion achieved in the comparative period of 2020. This was stated in the company’s interim report signed by...

August 7, 2021 No Responses

Access Bank Drives Financial Inclusion with 74,000 Closa Agents

Access Bank Plc has equipped 74,000 Access Closa agents to provide financial services to customers across the country, to drive financial inclusion. Mr Robert Giles, Senior Banking Advisor, Retail, Access Bank, made this known in a statement on Friday in...

August 4, 2021 No Responses

Unity Bank Unveils New Code On USSD Platform

In a bid to safeguard its e-banking platforms with enhanced safety and security features, Unity Bank Plc has unveiled a new code on its USSD platform that completely puts the customer in control of his Bank Account against any e-Banking...

August 4, 2021 No Responses

CBN Releases Guidelines For Payment Service Holding Companies

The Central Bank of Nigeria (CBN) on Tuesday released guidelines for the establishment and regulation of Payments Service Holding Companies (PSHCs) in Nigeria. A circular issued by Mr Musa Jimoh, CBN’s Director, Payments System Management Department in...