Banking – Page 49 – City Business News

November 11, 2016 No Responses

FirstBank Lagos Amateur Golf open championship tees-off

First Bank of Nigeria Limited has announced that it is set to host this year’s edition of the Lagos Amateur Golf Championship. The prestigious tournament, scheduled to tee-off on the lush greens of Ikoyi Club 1938, Lagos on Saturday,...

November 8, 2016 No Responses

Fidelity Bank Goes Live on NIBSS mCash Product

Inline with its renewed efforts to further drive the financial inclusion mandates of the Central Bank of Nigeria (CBN), Fidelity Bank Plc is now live on the Nigerian Inter-Bank Settlement System (NIBSS) mCash product which will allow it’s registered mercha...

November 4, 2016 No Responses

West Blue partners Ecobank on single window cash xpress card

West blue consulting in partnership with Ecobank has unveiled the Ghana national single window cash xpress card. The ceremony which was held in Ghana had in attendance the commissioner general,GRA; Mr George blankson, the Chief Executive Officer of West.....

November 4, 2016 No Responses

FBN Holdings takes financial literacy to youths

In its sustained commitment to encourage savings culture among Nigerians, FBN Holdings Plc joined the rest of the world on Monday in celebrating the 2016 World Savings Day by engaging children and youths on the rudiments of savings in line...

November 2, 2016 No Responses

FirstBank attains ISO 9001: 2015 quality management systems certification

First Bank of Nigeria Limited, a subsidiary of FBN Holdings Plc has achieved the Quality Management Systems certification from the International Standards Organisation (ISO). This certification also known as the ISO 9001:2015 is the latest version o...

November 2, 2016 No Responses

500 students benefit from Wema Bank training on savings culture

To mark this year’s World Savings Day, Wema Bank recently held financial education sessions with students in five secondary schools in various locations in the country. More than 500 students participated. Asked why kids should save, one of the...

November 1, 2016 No Responses

Fidelity Bank declares N110.3B gross earnings in nine months

For the nine months ended September 30, 2016, Fidelity Bank Plc attained N110.3 Billion gross earnings, indicating three per cent increase when compared to its previous N107 billion. Also within the period, deposit increased by 3.4 per cent to N795.6...

October 31, 2016 No Responses

CBN to sanction fraudulent bank customers

Worried by reported cases of fraud, the Central Bank of Nigeria (CBN) is to put modalities in place to sanction fraudulent bank customers nationwide. Speaking at the October meeting of Nigeria Electronic Fraud Forum (NeFF) in Lagos, CBN Director,...

October 29, 2016 No Responses

Access Bank posts N72Billion profit in Q3

Access Bank Plc has announced an impressive profit of N72 billion for the nine months ended 30 September 2016 based on enhanced business efficiency as a result of the effective execution of its long-term strategy. The Bank’s Profit Before Tax...

October 29, 2016 No Responses

World Savings Day: FirstBank promotes financial literacy

FBNHoldings has announced plan to join the rest of the world in celebrating the 2016 World Savings Day on October 31 by engaging children and youths on the rudiments of savings in line with the Central Bank of Nigeria (CBN)...

October 27, 2016 No Responses

FBN Holdings posts N417.3B gross earnings in nine months

For the nine Months ended September 30, 2016, FBN Holdings Plc recorded N417.3 Billion gross earnings, up by 7.0 per cent when compared to N390.0 Billion attained within same period in 2015. Also within the period, net-interest income stood...

October 27, 2016 No Responses

Union Bank declares N13.3b pre-tax profit in Q3

Union Bank of Nigeria (UBN) Plc has declared N13.3 Billion profit before tax for the nine months ended September 30, 2016, indicating 27 per cent growth. According to the result, gross earnings rose by 12 per cent to N93.43...

October 26, 2016 No Responses

FirstBank wins Global Finance Digital Bank of Distinction award

First Bank of Nigeria Limited has won the Global Finance Digital Bank of Distinction award, 2016. This new award recognizes outstanding accomplishments in digital banking made by middle-market and local banks. It honours banks that may be outspent by...

October 25, 2016 No Responses

Zenith Bank records N380b gross earnings in Q3

Despite ongoing economic challenges, Zenith Bank Plc recorded N380 Billion gross earnings for Third Quarter ended September 30, 2016, up by 13 per cent when compared to same period in 2015. Also the group’s Profit After Tax (PAT) increased...