Banking Archives — Page 41 of 59

July 19, 2017 No Responses

FirstBank’s financial literacy programme berths in South-East.

First Bank of Nigeria Limited has expanded its Financial Literacy programme to the Eastern part of the country with the launch of its Financial Literacy programme for Secondary Schools in Ebony State, under the auspices of the FirstBank FutureFirst Programme.....

July 17, 2017 No Responses

UBA Board to consider accounts, interim dividend on Thursday

The Board of Directors of United Bank for Africa (UBA) Plc would on Thursday, this week, meet to deliberate on the company’s accounts and financial statements for the half year ended June 30, 2017. A statement issued by the Secretary...

July 12, 2017 No Responses

First Bank Photo News

L-R: Chief Eric Umeofia, President & CEO, Erisco Food Ltd; Tara Fela-Durotoye, Founder & CEO, House of Tara; Mrs. Ibukun Awosika, Chairman, FirstBank; Gbenga Shobo, Deputy Managing Director, FirstBank; and Abdulahmed Mustapha, Permanent Secretary, La...

July 11, 2017 No Responses

FirstBank appoints Abdullahi Ibrahim as Executive Director

First Bank of Nigeria Limited, on Monday announced the appointment of Mr. Abdullahi Ibrahim as an Executive Director. Prior to this appointment, Abdullahi was the Bank’s Group Executive, Retail Banking North. Mr. Ibrahim’s appointment is in sync with ...

July 5, 2017 No Responses

Citibank grants N500m loan for microfinance development in Nigeria

Citibank Nigeria has extended a loan of N500 million to Accion Microfinance Bank (Accion MFB) in Nigeria to drive and promote the development of the microfinance sector in Nigeria. This loan will fund Accion’s loan portfolio and support the...

July 4, 2017 No Responses

Elumelu commends Afreximbank, seeks support for African Businesses

At the 24th Annual General Meeting of the African Export-Import Bank (Afrexim), held in Rwanda, Tony O. Elumelu, CON, Chairman of Heirs Holdings and the Tony Elumelu Foundation, congratulated Afrexim for the critical support that the Bank, led by President...

July 4, 2017 No Responses

Agusto upgrades Access Bank’s rating to Aa-

In its recent rating review of Access Bank Plc, foremost rating agency in Nigeria, Agusto & Co, has raised the Bank’s rating from “A+” to “Aa-”, with a stable outlook. The upgrade reflects Access Bank’s strong financial profile, resilient profi...

June 29, 2017 No Responses

Heritage Bank: Our support for Agro-business funding cuts across the entire value chain

Heritage Bank Plc has reiterated its commitment to further deepen the drive to support agribusiness value chain in order to fast track food security and sufficiency in the country. The MD/CEO of the bank, Mr Ifie Sekibo, who disclosed this,...

June 21, 2017 No Responses

UBA emerges financial brand of the decade

Foremost financial institution, United Bank for Africa (UBA) Plc has emerged Financial Brand of the Decade. The award ceremony, put together by Marketing Edge, is in recognition of UBA’s innovative and pacesetting role. Also, the award is a product...

June 20, 2017 No Responses

AfDB, UBA, Wema Bank, others to finance ABUAD projects

African Development Bank (AfDB) in collaboration with four Nigerian Banks have signed Memorandum of Understanding (MoU) to provide Project Finance facilities to Afe Babalola University (ABUAD), Ado Ekiti, for the execution of various projects under the Unive...

June 20, 2017 No Responses

Heritage Bank agent outlets hit 400, debuts in Badagry

As part of its ongoing expansion agenda, Heritage Bank Plc has deepened its retail banking structure by growing its agent banking base to 400 ‘Corner Shops.’ According to the Bank, this is in line with the financial inclusion strategy of...

June 16, 2017 No Responses

NSE Photo News

L – R Dr Remi Oni, Executive Director, Corporate Banking, First Bank Limited; Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE); Urum Kalu Eke, MFR, Group Managing Director, FBNHoldings; Tijjani Borodo, Company Secretary, FBN...

June 15, 2017 No Responses

Citibank: Nigerian economy on slow path to recovery

Following a difficult two years, there are now signs that the Nigerian economy is starting the slow path to recovery, Citibank Africa Economist, Mr David Cowan has said Speaking at a Direct Custody and Clearing (DCC) seminar, Cowan said...