Banking Archives — Page 5 of 55

November 16, 2022 No Responses

FMBN Disburses N30.3b For the Construction Of 4,000 Houses

The Federal Mortgage Bank of Nigeria (FMBN), says it has disbursed N30.3 billion to fund the construction of over 4,000 homes across the country under its cooperative loan window. The Managing Director of the Bank, Mr Madu Hamman, said this...

November 14, 2022 No Responses

Ecobank Fintech Breakfast: Stakeholders Advocate Sound Corporate Governance, Scalable Proposal To Attract Investors

To achieve a sustainable and stable fintech ecosystem, operators in the industry have been advised to put in place sound corporate governance principles and policies and also package their business proposals to attract potential investors. This was...

November 13, 2022 No Responses

FBNBank UK Stands Tall At 40, Appreciates Customers, Regulators

FBNBank UK, a member of First Bank of Nigeria Limited and Subsidiaries had London, the United Kingdom painted blue as it celebrated its 40th anniversary, themed Partnership Beyond Borders, on Friday, 11 November 2022. The event which had cust...

November 10, 2022 No Responses

Access Bank Budgets $1b To Boost SMEs In Africa

Access Bank Plc is investing a billion dollars to boost 10 million Small and Medium Enterprises (SMEs) in Africa over the next five years. Mr Seyi Kumapayi, the Executive Director in charge of African subsidiaries said this on the sidelines...

November 7, 2022 No Responses

AfDB Mobilises $31b Investment Interest

The African Development Bank (AfDB), has drawn 31 billion dollars in investment interest from African and global investors. In a statement issued by the Communication and External Relations unit of the AfDB, President of the bank, Dr Akinwumi Adesina sai...

October 25, 2022 No Responses

Access Bank unveils N1b Campaign To Reward Loyal Customers

Access Bank has launched ‘Access Winfest campaign’ to reward loyal customers with cash and other items up to N1 billion. The Deputy Managing Director, Retail, North, Mr Victor Etuokwu, in a statement on Monday explained that customers would b...

October 22, 2022 No Responses

Polaris Bank Gets New Board, Management Team

Polaris Bank has been notified of the completion of a Share Purchase Agreement (SPA) for the acquisition of 100 percent of its equity by Strategic Capital Investment Limited (‘SCIL’). As part of the change in ownership, SCIL has appointed a...

October 19, 2022 No Responses

Ecobank Nigeria Unveils Super Reward Season 3 Extension

Ecobank Nigeria has announced the commencement of the Season 3 extension of its Super Rewards Campaign. A statement sent to City Business News explained that the “customer-focused initiative is designed by Ecobank Nigeria to reward customers’ loyalty...

October 18, 2022 No Responses

Fidelity Bank Redeems $400m Eurobond Notes

By Moses Ebosele, ebosele@hotmail.com — Fidelity Bank Plc on Monday announced the redemption of the $400 million Eurobond Notes due October 17, 2022. A statement sent to City Business News explained that On October 17, 2017, the bank successf...

October 12, 2022 No Responses

FirstBank Partners Group On National Competition

First Bank of Nigeria Ltd., on Tuesday partnered Junior Achievement Nigeria (JAN) to implement the 22nd National Company of the Year (NCOY) competition. A statement issued by Mrs Folake Ani-Mumuney, Group Head, Marketing and Corporate Communications...

October 5, 2022 No Responses

Access Bank To Acquire Majority Stake In Angolan-Based Finibanco

Access Holdings Plc, trading as Access Corporation, has announced its planned acquisition of a majority equity stake in Angolan-based Finibanco S.A by Access Bank Plc. The Company’s Secretary, Mr Sunday Ekwochi, in a statement on Tuesday explained tha...

October 5, 2022 No Responses

Ecobank Celebrate Customers’ Loyalty, Assures Of Sustained Excellent Service Delivery

The Managing Director, Ecobank Nigeria, Bolaji Lawal has lauded the bank’s customers over their continued patronage and dedication to the brand, assuring that the bank will continue to meet and surpass their expectations with product offerings...

September 27, 2022 No Responses

Fidelity Bank, SMEDAN, Seal SMEs MoU

In what has been termed a major move to bridge the gap in helping small businesses access much-needed funding and capacity development initiatives, Fidelity Bank Plc has announced a strategic partnership with the Small and Medium Enterprises Development Agency...

September 23, 2022 No Responses

FirstBank Partners Verve International, Rewards Customers In New Promo

First Bank of Nigeria in partnership with Verve International, has inaugurated the third National Consumer promo designed to reward users of FirstBank verve cards with gifts and cash prizes. Mr Chuma Ezirim, Group Executive, e-Business and Retail Products, F...