Banking Archives — Page 14 of 59

January 26, 2022 No Responses

Fitch Affirms Ecobank Nigeria’s Stable Outlook

Fitch Ratings has affirmed Ecobank Nigeria Limited’s (ENG) Long-Term Issuer Default Rating (IDR) at ‘B-‘ with a Stable Outlook. Fitch has simultaneously upgraded the bank’s National Short-Term Rating to ‘F2(nga)’ from ‘F3(nga)’. According to Fitch, the IDRs of Ecobank Nigeria...

January 20, 2022 No Responses

FIRSTBANK REWARDS TRANSACT AND WIN PROMO CUSTOMERS

Getting rewarded for spending money is a dream that is probably going to remain exciting for many people, but not for the Firstmonie Wallet users. In a two month Transact and Win campaign that started on November 22, 2021, First...

January 10, 2022 No Responses

Ecobank Restates Commitment To Pan African Trade, AfCFTA

Ecobank has reiterated that it remains the partner of choice in Africa for export trade because of its unique positioning, wide network, pan African payment switch, settlement capabilities, award winning digital products and strategic focus. Kola Adeleke, Exec...

December 30, 2021 No Responses

Coronation Merchant Bank Unveils Podcast Series

Coronation Merchant Bank has announced plans to launch its podcast series on December 31, 2021 which will cover economic and market development trends. In a statement on Wednesday, Managing Director/Chief Executive Officer, Coronation Merchant Bank, Mr B...

December 28, 2021 No Responses

Access Bank CEO Discusses Expansion Plans

In an interview on CNN’s First Move with Julia Chatterley, Access Bank CEO Herbert Wigwe discussed the company’s expansion plans in Africa and beyond, balancing needs with digitization, and Access Bank’s efforts to provide financial s...

December 24, 2021 No Responses

Fidelity Bank Excites Ten Customers With N10m Across Six Geo-Political Zones

Christmas came early for Habib Isiaka, a Lagos-based panel beater–as he received the sum of N1million having emerged one of the 10winners in the first monthly draw in the Fidelity BankGet Alert in Millions Season 5 (GAIM 5) campaign. Habib,...

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 Lag...

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...