Banking Archives — Page 12 of 59

May 30, 2022 No Responses

Sterling Unveils Imperium Platform For Solar Energy Consumers

Sterling Bank Plc has launched a new and innovative digital product, known as the Imperium Platform, in a bid to connect consumers and providers of renewable energy (solar solutions) as a viable solution to Nigeria’s electricity crisis. A statement sent...

May 29, 2022 No Responses

FBNHoldings Declares N757b Revenue, N166.7b Profit Before Tax In 2021

For the year ended December 31st, 2021, FBN Holdings Plc has attained 28.2% increase in gross revenue to ₦757.3 billion and profit before tax of ₦166.7 billion, an increase of 99.9%.&...

May 27, 2022 No Responses

UBA To Reward Loyal Customers In Super Savers Draw

The United Bank for Africa (UBA) Plc, is set to reward loyal customers during its Super Savers Draw scheduled to hold on Friday, May 27th at the UBA Head Office, Marina, Lagos State. A statement sent to City Business News explained...

May 26, 2022 No Responses

Ecobank Shareholders Get $40m Dividend

The Ecobank Transnational Incorporation (ETI), the parent company of the Ecobank Group, has paid out a total dividend of 40 million dollars to shareholders. The Group Chief Executive Officer (CEO) and Executive Director of ETI, Ade Ayeyemi, made th...

May 17, 2022 No Responses

FMBN Disburses N394.6b To Beneficiaries

The Federal Mortgage Bank of Nigeria (FMBN) has disbursed N394.575 billion to beneficiaries from 1992 to 2022. The Group Head, Corporate Communications (FMBN), Mr Lawal Sauri disclosed this in an interview with the News Agency of Nigeria (NAN) on Monday....

May 6, 2022 No Responses

NDIC Begins Verification Of Depositors In Three Failed Micro-Finance Banks

The Nigeria Deposit Insurance Corporation (NDIC) is to commence the claims verification of depositors of the three Micro-finance Banks (MFBs) whose licences were revoked by the Central Bank of Nigeria (CBN). The NDIC said on Thursday in its official Twit...

April 28, 2022 No Responses

GTCO Declares N54.3b Profit Before Tax In Q1

Guaranty Trust Holding Company Plc, (GTCO) has released its unaudited financial results for the first quarter of 2022 to the Nigerian Exchange Ltd., (NGX) and London Stock Exchanges, declaring a profit before tax of N54.3 billion. The group, in a...

April 27, 2022 No Responses

First Bank Photo News

L-R: Dr Ken Giam, Chairman African Leadership Magazine; Rosalyn Henderson Myers, Representative for South Carolina House of Representatives USA; Dr. Adesola Adeduntan, CEO, FirstBank; Judge Carlos Moore, President National Bar Association for the Advancement o...

April 15, 2022 No Responses

Easter: Ecobank Reassures Customers of 24-Hour Digital Banking Services

Ahead of the Easter holidays, Ecobank Nigeria has reassured that customers will be able to shop seamlessly and carry out all their transactions via the Ecobank Digital platforms, which include the Ecobank Mobile app, USSD *326#, E...

April 11, 2022 No Responses

Fidelity Bank Takes Non-Oil Exports Campaign To North Central

Following successful outings in Kano and Akure, leading financial institution, Fidelity Bank Plc, is set to host businesses in the north central geopolitical zone to a special seminar on opportunities and implementation of the CBN RT200 FX Policy. ...

April 8, 2022 No Responses

Beyond Banking, Union Bank Unveils Future-Forward Innovative Co-Creation Hub, SpaceNXT

Union Bank Plc has launched a technological and innovation hub known as SpaceNXT. Built to promote innovation and encourage collaboration within the tech ecosystem in Nigeria, SpaceNXT is a future-forward purpose-designed co-working hub for innovators, creato...

March 30, 2022 No Responses

Access Bank Targets Top Five Position In Africa By 2027

The Group Managing Director/ Chief Executive Officer, Access Bank Plc, Dr Herbert Wigwe, says the bank aims to become one of the top five in Africa by 2027. Wigwe told journalists in Lagos on Tuesday that the bank, which had...

March 22, 2022 No Responses

FirstBank Splashes N4m On Customers In Verve Card Promo

First Bank of Nigeria Ltd. has rewarded 300 customers with the sum of N4 million at the bank’s ongoing Verve Card campaign. A statement issued on Monday by its Group Executive, e-Business & Retail Products, Mr Chuma Ezirim explained that...

March 17, 2022 No Responses

Fidelity Bank Sensitizes Customers on Emerging Opportunities In Non-Oil Exports, CBN RT200 FX Policy

The Central Bank of Nigeria’s (CBN) efforts towards actualising $200 billion in Foreign Exchange (FX) repatriation from non-oil exports over the next five years have been given a major boost with a recently held workshop for exporters and investors in...