Banking Archives — Page 46 of 59

January 19, 2017 No Responses

Access Bank appoints Jobome as Executive Director, Risk Management Division

Access Bank has announced the appointment of Dr. Gregory Ovie Jobome, as Executive Director, Risk Management Division. A statement issued by Access Bank Head, Media Relations, Abdul Imoyo explained that Dr. Jobome is a “thorough bred banking professional w...

January 9, 2017 No Responses

Heritage Bank empowers 35 entrepreneurs with N50m

Heritage Bank Plc has provided N50million in Grants to 35 entrepreneurs under its Young Entrepreneurs & Students Grant Scheme (YESGrant). In partnership with the Nigerian Young Professionals Forum (NYPF), the Grant according to the Bank was awarded to abou...

January 6, 2017 2 Responses

Firm unveils N14.5m Insurance cover for Journalists

FBN Insurance Limited has provided a Group Family Shield cover valued at N14.5m for the members of the National Association of Insurance and Pension Correspondents (NAIPCO). Speaking during official presentation of the policy certificate to the leadership of N...

January 5, 2017 No Responses

First Bank Photo News

Deputy Managing Director, FirstBank, Gbenga Shobo (Middle); Executive Chairman and CEO of EbonyLife TV, Mo Abudu ( third left); Group Head, Marketing and Corporate Communications, FirstBank, Folake Ani-Mumuney (second right) presenting the star prize to the wi...

December 15, 2016 No Responses

NSE admits N6.3b Wema Fund SPV Bond

The Nigerian Stock Exchange (NSE) has announced the Listing by Introduction of N6,295,000,000 Series 1:7-Year 18.50% Fixed Rate Bond Due (2023) under the N50,000,000,000 Wema Funding SPV Plc Debt Issuance Programme. Commenting on the listing, Oscar N. Onye...

December 14, 2016 No Responses

First Bank explains FirstStars Reality TV Show

In September 2015, First Bank of Nigeria Limited launched FirstStars, a premier filmmaking competitive reality TV show where Nigerian youths were given the opportunity to project their creative skills in directing, producing, art directing, script writing an...

December 12, 2016 No Responses

Banks to boost Agric, SME fund with N30billion

As part of measures to support the newly created Agriculture/Small and Medium Enterprises (SME) fund, the Bankers Committee at the weekend pledged to contribute N30 billion from their Profit After Tax (PAT). Speaking at the end of the 8th...

December 10, 2016 No Responses

AfDB appoints MCB investment as fund manager for fixed income ETF in Africa

The African Development Bank (AfDB) has appointed MCB Investment Management (MCBIM), a subsidiary of MCB Capital Markets, as Fund Manager for its first multi-jurisdictional Fixed Income Exchange Traded Fund (ETF) in Africa. The Board of Directors of t...

December 8, 2016 No Responses

FirstBank, Eventful to host Fiesta of Flavours

First Bank of Nigeria Limited has reinstated its commitment to economic diversification through support for the business, art and entertainment of food across all sectors of the economy. According to the Bank, realising that support for the agricultural valu...

December 7, 2016 No Responses

FirstMobile hits one million users, N1.3trilion transactions

FirstMobile, FirstBank’s mobile banking platform has recorded a milestone in its user numbers with the attainment of 1million active users. The mobile banking platform has also reached N1.3trillion transactions mark in its short period of launch. FirstBank l...

December 6, 2016 No Responses

FirstGem train moves to Akwa-Ibom, Benue States

FirstGem, the FirstBank lifestyle offering for women was launched in Lagos in October 2016, to provide enabling opportunities for women to achieve their financial goals and aspirations. With FirstGem, female customers can access support funds for their ...

December 6, 2016 No Responses

CIBN Photo News

L – R Ms. Tinuade Awe, General Counsel and Head of Regulation Division, The Nigerian Stock Exchange (NSE) andProfessor Segun Ajibola, FCIB, President, Chartered Institute of Bankers of Nigeria (CIBN) Closing Gong Ceremony at the NSE on Monday.

December 5, 2016 No Responses

CBN faults alleged unilateral dollar allocation

The Central Bank of Nigeria (CBN) on Sunday denied reports that it allocates dollars unilaterally. CBN Director in charge of Corporate Communications, Mr. Isaac Okoroafor, explained that the CBN had set up an inter-bank foreign exchange market, where anyone wh...