Banking Archives — Page 46 of 55

October 13, 2016 No Responses

UBA profit hits N62 Billion in nine months

Leveraging its expansive footprint, pan-African banking group, United Bank for Africa Plc (UBA), has announced its unaudited Third Quarter Financial Results, showing a 7% year-on-year growth in profit before tax to N62 billion despite the challenging macro-economic environment. This represents 18.2% annualized return...

October 8, 2016 No Responses

Ecobank renews partnership with Global Fund

Ecobank Transnational Incorporated has renewed its partnership with the Global Fund to Fight AIDS, Tuberculosis and Malaria for a further three years. Ecobank in a statement on Friday explained that the relationship between the two organisations began...

October 8, 2016 No Responses

Sukuk Issuance: SEC lauds CBN’s approval of guidelines for granting liquid assets to States

The Securities and Exchange Commission (SEC) has notified issuers and investors that the Central Bank of Nigeria (CBN) has approved “Guidelines for Granting Liquid Asset Status to Sukuk Instruments Issued by State Governments”. In a statement on Fri...

October 8, 2016 No Responses

Heritage Bank seeks sustained support for firms

As part of measures to create wealth for individual customers, Heritage Bank recently took advantage of customers’ service/appreciation week to organise a business fair to celebrates the business activities of various customers. The fair which t...

October 8, 2016 No Responses

FirstBank partners NESG on 22nd economic summit

Inline with commitment to drive financial inclusion and sustainable national economic development, First Bank of Nigeria Limited and FBN Merchant Bank Limited have partnered the Nigerian Economic Summit Group to host the 22nd Nigerian Economic Summit (NES#22) ...

October 6, 2016 No Responses

Heritage Bank sponsors African Fashion & Design week

Heritage Bank Plc will be the lead sponsor of the 2016 African Fashion and Design Week (AFDW) titled “Be Inspired”. Already, Media personalities, Sika Osei and Uti Nwachukwu have been unveiled as the official hosts for the event. African Fashion and...

October 6, 2016 No Responses

UBA Photo News

L-R: Ace Comedian, Ali Baba; Film Producer, Zeb Ejiro; CNN Anchor, Zain Asher; Renowned Actress, Joke Silva; Minister of Information, Culture and Tourism , Alhaji Lai Mohammed; Chairman Heirs Holdings and Founder, The Tony Elumelu Foundation(TEF), Mr. Tony...

October 5, 2016 No Responses

‘Partnership with Tony Elumelu Foundation will lift creative industries’

The partnership between the Federal Ministry of Information and Culture and the Tony Elumelu Foundation will help to re-position the Creative Industries in Nigeria, the Minister of Information and Culture, Alhaji Lai Mohammed, has said. Speaking at a cere...

October 1, 2016 No Responses

LCCI Photo News

Chairman of UBA, Mr Tony Elumelu and Chairman and President, Lagos Chamber of Commerce and Industry [LCCI], Dr Mrs Nike Akande, at at a Business Forum organised by US-Africa Business Center and Thomson Reuters in New York, United States, recently.

September 29, 2016 No Responses

FBN Holdings supports Cerebral Palsy Day with advocacy campaign

Come Saturday October 1, 2016, FBN Holdings Plc, in collaborating with the Benola Cerebral Palsy initiative will organise a charity walk and enlightenment campaign to commemorate World Cerebral Palsy Day. According to FBN Holdings, the walk will take off a...

September 27, 2016 No Responses

FG to get $1Billion loan from AfDB

The African Development Bank (AfDB) has approved a $1 billion loan to cover the deficits in Nigeria’s 2016 budget. AfDB President, Akinwunmi Adesina told Journalists on Monday after meeting with Vice President Yemi Osinbajo and other members of the...

September 27, 2016 No Responses

Wema Bank, Bank of Uganda brainstorm on performance management

Wema Bank, recently, hosted some staff of Uganda’s Apex Bank; The Bank of Uganda (BoU), on a week-long knowledge and skills sharing session on Balanced Score Card and Performance Management. Speaking on the BoU’s decision to take a cue from...

September 21, 2016 No Responses

Elumelu wins Africa Investor ‘Person of the Year’ Award in New York.

The Chairman of Heirs Holdings, Mr. Tony Elumelu has been honoured with the ‘Person of the Year’ award at the Africa Investor Chief Executive Officer (CEO) Institutional Investment Summit hosted alongside the UN General Assembly in New York, Receiving th...

September 21, 2016 No Responses

FirstBank offers educational solutions to Schools

It is the beginning of another school term and as students return to school after the long holidays, First Bank of Nigeria Limited, is again set to support schools with their educational requirements to enhance preparations for the school year....