Banking Archives — Page 42 of 59

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 profitability...

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...

June 14, 2017 No Responses

UBA’s $500M Eurobond oversubscribed 240% by global investors

United Bank for Africa Plc (UBA) successfully raised $500 million, though a debut Eurobond, which was 240% over-subscribed. According to UBA, the significant investor demand reflects the strong global investor appetite for UBA’s credit and support fo...

June 12, 2017 No Responses

Heritage Bank reiterates commitment to empower Youth Corp members

In line with its culture as a timeless wealth partners, Heritage Bank Plc has restated its commitment to support National Youth Service Corp members and young entrepreneurs to grow their businesses as a start-up or prospective business owners. The MD/CEO...

June 8, 2017 No Responses

Bridge Concept leverage UBA digital banking platforms, unveils Naija Green Card

In line with its business objective of enabling young Nigerians and students to derive maximum benefits from their limited finances, Bridge Concepts Limited has announced its partnership with the pan African Financial institution, United Bank for Africa (Plc...

June 7, 2017 No Responses

Photo News

Director General of Bureau of Public Enterprises (BPE) , Mr. Alex A. Okoh (left) during a courtesy visit to the Governor of Central Bank of Nigeria, Mr. Godwin Emefiele, on Tuesday.

June 2, 2017 No Responses

Heritage Bank, GTA host 500 pupils

No fewer than 500 pupils participated in the Heritage Bank Plc-GTA Communications Limited Children Day Celebrations organised for 20 primary and secondary schools in different parts of Lagos State over the weekend. Apart from the exited pupils and students....

June 2, 2017 No Responses

Ecobank faults closure of branches by Anambra State Internal Revenue Board

Branches of Ecobank Nigeria Limited in Anambra State were on Thursday June 1, 2017 sealed on the authority of the Anambra State Board of Internal Revenue. The Bank in a statement explained that the closure was based on a...

May 31, 2017 No Responses

CBN enhances Naira with $482.6m

As part of ongoing efforts, the Central Bank of Nigeria (CBN) on Tuesday intervened in the inter-bank market to the tune of $482.6 million. A statement issued by its Acting Director, Corporate Communications, Isaac Okorafor, in Abuja explained that...