Money

Heritage

Heritage Bank Restates Support For Women Empowerment

Heritage Bank Plc has restated its continued support to the promotion of women empowerment, so as to impact positively on the nation’s socio-economic development. Managing Director, Heritage Bank, Ifie Sekibo, stated this at the “Raising Girls Summit ‘19” which held in Lagos last Friday as part of activities to commemorate the International day of the […]

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Hb Russia

Heritage Bank, Corporate Nigeria, Government Agencies Brainstorm On Way Forward For Africa In Sochi, Russia

R-L: Wale Tinubu, Group Chief Executive, Oando Plc; Timi Alaibe, Non-Executive Director, Heritage Bank Plc; Chris Oshiafi, Group Managing Director of Pan African Capital Holdings; Ifie Sekibo, MD/CEO, Heritage Bank and Demetrios Halios, President/CEO of Halios Capital, at the ongoing Russian-African Summit in Sochi, Russia.

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Uba

Nine Months: UBA Grows Net Profit by 32.3% As Earnings Rise to N428Bn

Major bank, United Bank for Africa (UBA) Plc has recorded an increase of 32.3 per cent in profit after tax (PAT) for the nine months ended September 30, 2019. Also, gross earnings in the period rose 14.2 per cent to N428.22 billion, from N374.8 billion in 2018. Profit before tax (PBT) grew by 24.2 per […]

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Heritage Bank

Economic Growth: Heritage Bank Empowers Young Entrepreneurs

As part of its drive to contribute to the growth of economic drive, Heritage Bank Plc has continued to support The Next Titan Season-six; in ensuring that the entrepreneurial targets of the Nigerian youths are attained. The Next Titan entrepreneurial reality TV show sponsored annually by the Heritage Bank Plc has unveiled the top 16 […]

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Uba Promo

UBA Rewards 20 More Customers In Final Draw of Wise Savers Promo as 80 Customers win N120million

Major financial institution, United Bank for Africa (UBA) Plc, has again rewarded another 20 customers who have emerged winners in the final draw of the UBA Wise Savers Promo, winning N1.5 million each, bringing the total amount won by 80 customers for the duration of the draw to N120 million. The electronic raffle draw, which […]

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Leo

UBA launches service on Apple business chat

Major banking institution, United Bank for Africa Plc has disclosed that services on its Chatbot, Leo, is now available for customers on Apple Business Chat, where its users can communicate directly with businesses using the Messages app on iPhone and iPad. This was disclosed during the inauguration of the service at the bank’s head office […]

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Remit

WorldRemit launches cash pick-up service in Nigeria

Leading digital money transfer company WorldRemit is significantly expanding its service in Nigeria by introducing a new cash pick-up service at all branches of FCMB Bank, Fidelity Bank, Access Bank, Zenith Bank, and Polaris Bank. Using the WorldRemit app or website, the Nigerian diaspora living in over 50 countries can now send money quickly and […]

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Wigwe

Access Bank Woos Customers With New Quick Loan Scheme

One of Nigeria’s biggest bank, Access Bank Plc, has introduced Quick Loan Scheme or Payday Loan with a daily loan target of N400 million to at least 20,000 customers. On the bank’s website, they highlight that you do not need to have a salary account in Access Bank for you to access the Payday loan. […]

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Godwin Emefiele

CBN Rolls Out Penalties Against Banks, Others On Electronic Payments

The Central Bank of Nigeria has unveiled a new sets of sanctions against deposit money banks, mobile money operators, payment solution service providers and other financial institutions for electronic payment infractions. The CBN, on Tuesday, rolled out the ‘Regulations on Electronic Payments and Collections for Public and Private Sectors in Nigeria’, which it described as […]

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Wigwe

Access Bank Declares 25k Interim Dividend As First Post-Merger Half Year Profits Before Tax Hits N74.1bn

Access Bank Group’s maiden post merger profits audited half year results released to the Nigerian Stock Exchange (NSE), have been impressive, showing impressive digits across all indices, a feat which has led to the bank also declaring an interim dividend of 25 kobo per share to its shareholders. A breakdown of the group’s impressive performance […]

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Emefiele

CBN Outlines Conditions for Floating Of Subsidiaries, SPVs by DFIs

The Central Bank of Nigeria (CBN) has unveiled conditions for the establishment and operations of subsidiaries and special purpose vehicles (SPVs) by Development Finance Institutions (DFIs). The Bank in a letter to all DFIs that was signed by its Director, Other Financial Institutions Supervision Department, Mrs. Tokunbo Martins, a copy of which was posted on […]

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Nnamdi Okonkwo

Fidelity Bank Records 16% Increase In Half Year Profits

Nigeria’s major lender, Fidelity Bank Plc has delivered a strong financial performance in its first half year ended financial year, with a record double-digit growth in key revenue while it also recorded significant traction in digital banking, despite the country’s challenging and fiercely competitive business environment. Details of the audited half-year result for the period […]

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