TAJBank Declares N845m Profit In 2020

TAJBank Declares N845m Profit In 2020

For the year ended December 2020, TAJBank has declared N845million Profit After Tax (PAT) and total assets of N50 billion.   In a statement on Sunday, TAJBank explained that result attained within its first year of operation “ highest earning per...
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Zenith Bank MD Implores MSMEs On Compliance To Principles Of Credits

Zenith Bank MD Implores MSMEs On Compliance To Principles Of Credits

Zenith Bank Plc, has advised Micro, Small and Medium Enterprises (MSMEs) to be conversant with the five principles of credits as part of measures to boost chances of accessing funding facilities.  The Group Managing Director of the bank, Mr Ebenezer...
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CBN Urges Banks To Support Businesses Seeking Expansion

CBN Urges Banks To Support Businesses Seeking Expansion

The Central Bank of Nigeria (CBN) has urged commercial banks to leverage their presence in other parts of Africa to support Nigerian businesses seeking to plant their footprints into new markets.  The CBN Governor, Mr Godwin Emefiele, gave the advice...
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Ecobank Announces First 50 Beneficiaries Of Super Reward Scheme

Ecobank Announces First 50 Beneficiaries Of Super Reward Scheme

The first set of beneficiaries of Ecobank Nigeria Super Reward scheme has emerged. 50  customers will receive N25, 000 each. The four-month Super Rewards scheme which will run till July this year was launched in March this year.  50 customers...
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FirstBank Unveils Corporate Website, Reiterates Commitment To Seamless Service Delivery

FirstBank Unveils Corporate Website, Reiterates Commitment To Seamless Service Delivery

First Bank of Nigeria Ltd., has launched a new website to ensure seamless banking and technology solutions to its customers across the world.  The Chief Executive Officer, FirstBank Group, Dr Adesola Adeduntan, said this in a statement in Lagos on...
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Citigroup To Exit Banking Operations In 13 Markets

Citigroup To Exit Banking Operations In 13 Markets

Citigroup is closing its consumer banking operations in 13 markets across Asia, Europe and the Middle East. The US banking group will instead run these operations from four hubs in Singapore, Hong Kong, the United Arab Emirates and London.  It...
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Ecobank Offers Mortgage Loans, Investment Options For Nigerians in Diaspora

Ecobank Offers Mortgage Loans, Investment Options For Nigerians in Diaspora

Ecobank has rolled out several investment packages and opportunities to encourage Nigerians in the diaspora to own houses in the country and also participate actively in money and capital markets.  Speaking to newsmen in Lagos at the weekend, Olukorede De...
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Stakeholders Outline Solutions For Successful AfCFTA Implementation

Stakeholders Outline Solutions For Successful AfCFTA Implementation

Stakeholders in the Africa Continental Free Trade Area (AfCFTA) have called for private sector participation and creation of compatible trade policies to ensure successful implementation of the agreement.  Top government officials, industrialists, and fin...
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FirstBank Educates Nigerians On  Cybersecurity

FirstBank Educates Nigerians On Cybersecurity

First Bank of Nigeria Ltd., is sensitising indivduals and businesses with useful information on protection to avoid cyberattack in today’s digital age.  The Chief Executive Officer, FirstBank Group, Dr Adesola Adeduntan explained in statement on Tuesday...
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TAJBank Introduces NQR Solution To Ease Customers’ Transactions

TAJBank Introduces NQR Solution To Ease Customers’ Transactions

To ease problems associated with financial transactions by it’s Customers’,TAJBank, Nigeria’s most innovative non-interest bank, has announced the introduction of the NQR Payment solution, an indigenous Quick Response Code by NIBSS.The NQR Payment soluti...
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Ecobank Nigeria MD Canvasses Artificial Intelligence To Check Cybercrimes

Ecobank Nigeria MD Canvasses Artificial Intelligence To Check Cybercrimes

The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has advocated the use of artificial intelligence to predict security threats and proffer solutions.    Akinwuntan, who made this assertion at a webinar themed, “Cyber threat Landscape:...
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FBN Holdings Declares N89.7b Profit, N7.7tri Total Assets For 2020

FBN Holdings Declares N89.7b Profit, N7.7tri Total Assets For 2020

By Moses Ebosele, ebosele@hotmail.com  — For the financial year ended December 31, 2020, FBN Holdings Plc has announced a profit of N89.7 billion, indicating an increase of 21.8 per cent.    In its 2020 audited result, FBN Holdings explained on ...
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UBA Assures Shareholders Of impressive Performance, Explains N7.7tri Assets

UBA Assures Shareholders Of impressive Performance, Explains N7.7tri Assets

United Bank for Africa (UBA) Plc on Thursday assured its shareholders and investors of enhanced returns on investments in the coming months. This, the bank said, followed its establishment of a diversified business model that would ensure impressive performanc...
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Ecobank Group Declares N641.8b Revenue, N33.7b Profit In 2020

Ecobank Group Declares N641.8b Revenue, N33.7b Profit In 2020

For the financial year ended December 31, 2020, Ecobank Group attained N641.8 billion revenue, representing nine per cent increase compared with N586.9b posted in the corresponding period of 2019. Audited report submitted to the Nigeria Stock Exchange (NSE) on...
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