Banking Archives — Page 14 of 59

December 17, 2021 No Responses

Access Bank Shareholders Approve Holdco Structure

Shareholders of Access Bank Plc have unanimously approved the bank’s proposed reorganisation into a Holding Company (Holdco) to be known as Access Holding Plc. The shareholders gave the approval at the bank’s Court- Ordered Meeting on Thursday in Lagos. Speaking...

December 13, 2021 No Responses

First Bank Unveils Transact And Win Promo, Rewards Firstmonie Wallet Customers

Users of Firstmonie Wallet, the mobile-friendly wallet application by FirstBank are in for an exciting time as they are being rewarded for their continued patronage of its services in a two-month campaign, tagged Transact and Win promo which started on...

December 9, 2021 No Responses

Ecobank Group Explains N104.51b Profit In Nine Months

For the nine months ended September 30, 2021, Ecobank Transnational Incorporated (ETI) has announced Profit after tax of N104.51billiion, an increase of 916 per cent when compared with N10.28billion reported within same period in 2020. According to ...

December 1, 2021 No Responses

Ecobank Nigeria To Sustain SMEs Support, Grow Agency Banking Network In 2022

Managing Director/Regional Executive, Ecobank Nigeria, Patrick Akinwuntan has said the bank will continue to support Small and Medium Enterprises (SMEs), take banking to every Nigerian through its agency banking network. The bank’s digital services will also...

November 24, 2021 No Responses

Unity Bank Targets Women, Unveils Yanga Account

As part of measures to demonstrate increased commitment towards promoting financial inclusion and women empowerment, Nigeria’s retail lender, Unity Bank Plc has launched Yanga Account, a new retail product designed to deepen beneficial impact on Micro S...

November 23, 2021 No Responses

CBN Retains MPR At 11.5%, Other Parameters Remain Constant

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday voted to hold the Monetary Policy Rate (MPR) at 11.5 percent for the umpteenth time. Reading a communiqué after the committee’s 282nd meeting on Tuesday, Mr...

November 23, 2021 No Responses

Access Bank Partners SME.NG, BOI, Others To Unveil Ebi Marketplace

Access Bank Plc has partnered SME.NG, the Bank of Industry (BOI), LAPO Microfinance Bank, Chapel Hill Denham and the Impact Investment Foundation Nigeria to launch the Ebi Marketplace. Ebi Marketplace is a Nigerian innovation for female entrepreneurs, ...

November 23, 2021 No Responses

Fidelity Bank Restates Commitment To Excellence With Fidelity For You Campaign

Coming on the heels of several auspicious announcements, frontline tier-two lender, Fidelity Bank Plc, has launched a new thematic campaign set to help it demonstrate its devotion to customers. The campaign themed Fidelity for You, broke across several media o...

November 16, 2021 No Responses

Ecobank Wins Big At BAFI Awards

Ecobank Nigeria was the cynosure of all eyes at the prestigious Banks and Other Financial Institutions’ (BAFI) Awards 2021 held in Lagos at the weekend. At the keenly contested awards, Ecobank Nigeria emerged winner of the “Market Confidence and Capita...

November 14, 2021 No Responses

Savings Promo: Fidelity Bank To Reward Customers With N125m

As part of measures to drive financial inclusion in the country, Fidelity Bank Plc has unveiled new savings campaign tagged: “Get Alert in Millions (GAIM) Season 5”. A statement sent to City Business News explained that the savings promo ...

November 4, 2021 No Responses

SEC DG Canvasses Support For Non-Interest Finance

The Director-General, Securities and Exchange Commission (SEC), Lamido Yuguda has stated that the Non-Interest finance segment holds great potentials in furthering the development of the capital market and the growth of the Nation’s economy.The SEC DG wh...

November 3, 2021 No Responses

FirstBank Unveils Fully Automated Branch

First Bank of Nigeria has unveiled its first fully automated branch, called FirstBank Digital Experience Centre for customers. A statement issued on Tuesday quoted the Chief Executive Officer of FirstBank, Dr Adesola Adeduntan as saying the digital...

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 Ad...

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...