Banking Archives — Page 40 of 59

September 18, 2017 No Responses

‘Nigeria needs $3t to fix infrastructure’

Nigeria needs $3 trillion to fix infrastructure deficit in the country over the next three decades, Africa Finance Corporation (AFC) has said. Speaking at the weekend in Lagos, AFC President/Chief Executive, Andrew Alli called on government to allow cost-reflective tariffs...

September 13, 2017 No Responses

Elumelu: Negative narrative around Africa is continent’s greatest challenge

The greatest challenge Africa has as a continent when it comes to attracting investment is in the way it is portrayed, the Chairman of Heirs Holdings, Tony Elumelu has said. Speaking at Charhan House in London, Elumelu said Information presented...

September 7, 2017 No Responses

Q2: Stanbic IBTC attracts N413.62b capital into Nigeria

Stanbic IBTC, a member of Standard Bank Group, in the second quarter (Q2) of this year, facilitated a $589.84 million capital inflow into the country, ranking it first among financial institutions that imported capital into Nigeria. According to the Nigerian...

August 21, 2017 No Responses

Photo News

R-L: Mr. Muyiwa Akande, Corporate Affairs Manager, SIFAX GROUP; Mr. Fela Ibidapo, Group Head, Corporate Communications, Heritage Bank Plc; Mrs. Marvis Marshal-Idio, winner of The Next Titan Season-3; Executive Producer of the Next Titan, Mr. Mide Kunle-Akinlaj...

August 18, 2017 No Responses

FG begins audit of banks’ remittances to CBN

The Federal Government has commenced audit of remittances of its funds into the Treasury Single Account (TSA) by Deposit Money Banks. Speaking in Abuja at a two-day workshop for finance journalists on the TSA and other public financial management...

August 17, 2017 No Responses

First Bank Photo News

L – R: Ismail Omamegbe, Head, Corporate Responsibility and Sustainability, FirstBank; with Zuriel Oduwole, Girl Education Advocate and World’s Youngest Filmmaker; and some young participants at the Zuriel Oduwole Film Class Initiative.

August 16, 2017 No Responses

FirstBank appoints Tosin Adewuyi as Group Executive, Executive Director, FBNBank UK

First Bank of Nigeria Limited has announced the appointment of Mr. Tosin Adewuyi as a Group Executive of First Bank of Nigeria Limited and an Executive Director of its flagship subsidiary FBNBank UK Limited. The appointment is, however, subject...

August 15, 2017 No Responses

Heritage Bank, RIMAN, FDC enjoin firms to embrace modern risk management practices

Heritage Bank Plc, Risk Managers Association of Nigeria (RIMAN) and Financial Derivatives Company Limited have called on corporate organizations to adopt systemic and cultural changes to embed risk management into their organisations as part of measures to ma...

August 8, 2017 No Responses

Heritage Bank Photo News

L-R: Ifie Sekibo, MD/CEO of Heritage Bank Plc; Dr. Pual Apolo, Chief Launcher to the Fund and Governor of Oyo State, Sen. Abiola Ajimobi, at the launching of the N50bn Healthcare Endowment Fund for restoration and transformation of Government Hospitals...

August 3, 2017 No Responses

Ecobank unveils “double your target saving” Promo

Ecobank Nigeria has unveiled a “Target Savings Promo”, giving customers the opportunity to win double their savings in the bank within a specified period. The promo tagged, Double Your Target Savings Promo is intended for customers who want to build...

August 1, 2017 No Responses

Heritage Bank Photo News

L-R: Mrs. Oluwayomi Ogunwo, Chairman, Odogbolu Local Government Area, Ogun State; Oluwakemi Adewunmi, Zonal Business Coordinator, South-West, South-South, and Abuja/ North Region, Agent Banking, Heritage Bank; Mrs. Layeni Folayemi, promoter of Layeni Folayemi ...

July 31, 2017 No Responses

Sultan of Sokoto: We need more Tony Elumelus to take our children off the streets

The Sultan of Sokoto, Sultan Muhammadu Sa’ad Abubakar III, has commended the Tony Elumelu Foundation and its Founder, Tony O. Elumelu for their contribution to entrepreneurship and creation of jobs for young people in the North. The Sultan made t...

July 24, 2017 No Responses

FG lauds Heritage Bank commitment to entertainment industry

For its commitment to the development and growth of the creative industry in Nigeria, the Federal Government has commended Heritage Bank Limited. The Minister of Information and Culture, Alhaji Lai Mohammed gave the commendation at a two-day Creative Nigeria...

July 20, 2017 No Responses

UBA increases international spend limit on naira cards to $2000.

Pan-African financial institution, United Bank for Africa (UBA) Plc has announced an immediate upward review of the monthly international spend limit on its debit and prepaid Naira cards from $100 to $2,000. The upward review, which represents a marked increas...