– Ebenezer Onyeagwu, GMD, Zenith Bank Plc – By Adegboyega Johnson Zenith Bank Plc has retained its ranking as the Number One Bank in Nigeria by Tier-1 Capital in the 2023 Top 1000 World Banks’ Rankings, published by The Banker Magazine. For the fourteenth year in a row, the Bank has held its position as the number one Tier-1 bank in Nigeria, emerging as the… []
– Afreximbank logo – Muyiwa Akinola Ecobank Group, Access Bank Group, UBA Group and two others have entered into an agreement with the Pan-African Payment and Settlement System (PAPPS) to revolutionise the settlement of cross-border transactions across Africa, leveraging the vast network of subsidiaries and representative offices in the region. The deal, which was sealed recently at Afreximbank’s 30th anniversary celebrations and 30th yearly meetings… []
– Wema Bank logo – By Adegboyega Johnson Wema Bank PLC, the leading financial institution in Nigeria and the pioneer of Africa’s first fully digital bank, ALAT, yesterday announced the launch of the highly anticipated 3rd season of the Wema Bank 5 for 5 promo. This reward program, initiated by Wema Bank, aims to recognize and reward customers across Nigeria for their unwavering loyalty to… []
– Sterling Bank Logo – By Adegboyega Johnson Sterling Bank has recently launched Edubanc; an innovative tech-based solution to provide banking and social services for stakeholders in the education sector. The solution aims to improve current learning outcomes and business growth for students, parents, and providers of educational services. Mr. Damian Umeasala, General Manager of Edubanc, stated at the launch in Lagos over the weekend,… []
– Aliko Dangote – By Johnson Adegboyega President of Dangote Group, Aliko Dangote remains the richest man in Africa, despite the volatility of Nigerian currency against the dollar. Bloomberg in its daily top billionaire lists, released on Tuesday, revealed that Dangote with a wealth of $15.6 billion topped other Africans in the Index. Dangote, who remains the richest man in Africa for the 12th year… []
L-R: MD/CEO FIDELITY Bank Plc, Mrs. Nneka Onyeali-Ikpe; MD/CEO NEXIM Bank, Mr. Abubakar Bello and founder Sapphital Learning Limited, Mr. Amu Ogbeide during the signing of the NEXA Memorandum of Understanding between Fidelity Bank, NEXIM Bank and Sapphital in Abuja. As part of efforts to boost Nigeria’s foreign exchange earnings, the Nigerian Export-Import Bank (NEXIM) has announced a strategic partnership with leading financial institution, Fidelity… []
One of Africa’s fastest-growing companies, Sterling Bank, has recently signed an agreement with the Small & Medium Enterprises Development Agency of Nigeria (SMEDAN) to establish a comprehensive database of Small and Medium Scale Enterprises (SMEs) in Nigeria. This will help in scaling intervention programs and providing tailored solutions that truly contribute to the growth of SMEs. The signing ceremony took place in Lagos, where the… []
Braille Account Opening 4: l-r: Past-Chairman, Anglo-Nigerian Welfare Association for the Blind(ANWAB), Ogie Eboigbe; Tutor, Pacelli School of the Blind, Sister Christiana Ekechukwu; Board Member, ANWAB, David Okon; Chairman, ANWAB, Ms Barbara Wey; Official, Ministry of Education, Grace Abimbola; Former, Senior Special Assistant to the Lagos State Governor on Persons Living with Disability, Adenike Oyetunde-Lawal; Executive Director, Finance and Risk Management, United Bank for Africa(UBA),… []
– Musty Mustapha – By Ademola Idris Kuda, the money app for Africans, has launched a multichannel campaign to increase the awareness of cashless payment options in Nigeria. According to the fintech’s co-founder and CTO, Musty Mustapha, the thematic campaign named ‘Cash Is Hard. Kuda Is Easy’ was created to drive wider usage of the Kuda app by Nigerians who are looking for reliable cashless… []
A Polaris Bank customer Mr Anthony Olasele on Thursday, June 23, writing on his Twitter handle has, applauded the Bank for protecting his account. Mr. Olasele, with Twitter handle @avogroovy, had on his last thread on May 16 alleged that Polaris Bank was “trying to steal millions from my account,” while calling out the Bank to provide a copy of the court order from Abuja… []
From left: Group Head, Channel Operator, Sterling Head Office, Abubakar Soyemi; Group Head, Energy, Dele Faseemo; Permanent Secretary, Ministry of Transportation, Lagos, Engr. Abdulhafis Toriola; Permanent Secretary, Ministry of Energy and Mineral Resources, Engr. Shola Shasore; Permanent Secretary, Ministry of Environment, Omobolaji Gaji; and the Group Head, Transport and Renewable Energy, Sterling Bank Plc, Olabanjo Alimi; during the launch of Nigeria first Electric Vehicle Charging… []
Fitch Ratings has affirmed Fidelity Bank Plc’s credit rating at ‘B-‘ with a stable outlook, according to its recent report. The global rating agency also upgraded the bank’s National Short-Term Rating to ‘F1+(nga)’ from ‘F1(nga)’. It said the upgrade reflects the improvement in the bank’s local-currency funding profile, as evidenced by the increase in the share of low-cost current and savings accounts in the bank’s… []
– Nneka Onyeali-Ikpe, Chief Executive Officer of Fidelity Bank PLC – By Simi Onakan Chief Executive Officer of Fidelity Bank PLC, Nneka Onyeali-Ikpe, has been listed amongst the recipients of the 2023 national awards. According to the 2023 national awards list released by the Federal Government last weekend, Onyeali-Ikpe would be conferred with the award of the Officer of the Order of the Niger, OON…. []
– Davido with children at the event Wema Bank Plc, the leading innovative financial institution in Nigeria, has celebrated the 2023 Children’s Day with a remarkable initiative aimed at equipping teenagers with valuable skills in coding, data analysis, graphics design, and much more. As part of the empowerment program, the bank arranged a surprise visit from renowned Nigerian music artist, Davido, to further add excitement… []
– Davido (4th from left) Moruf Oseni, MD CEO Wema Bank (4th from right) at the meeting In what will be recorded as a historic occasion in the worlds of entertainment and finance, globally acclaimed Nigerian music artist, Davido met with Wema Bank’s Managing Director and Chief Executive Officer, Moruf Oseni, to explore opportunities for collaboration and transformation between the finance and entertainment industries. The… []
As the world commemorates 2023 children’s’ day celebration, Polaris Bank has urged parents to imbibe in their kids, the art of saving by opening Polaris Rainbow Account. To encourage savings amongst kiddies, Polaris Bank offers its customers a specialized savings account, Polaris Rainbow Account, for kids between zero and 12 years. The account is part of a range of products designed by the Bank to… []
Shareholders of leading financial institution, Fidelity Bank Plc, have commended the board and management of the bank for delivering an exceptional performance in FY 2022. This was made known at the bank’s 35th Annual General Meeting (AGM) held virtually on Tuesday, May 23, 2023. Speaking at the AGM, the Chairman Emeritus of the Independent Shareholders Association of Nigeria (ISAN), Sir Sunny Nwosu applauded the bank’s… []
– President Buhari and other eminent Nigerians at the commissioning of Dangote Refinery Amid encomium from eminent personalities, which included President Mohammadu Buhari and five other African heads of state, President of the pan-African Conglomerate, Dangote Industries Limited (DIL), Aliko Dangote disclosed yesterday that the newly commissioned 650,000pbd refinery would employ over 100,000 Nigerians youths as well as generate over $21 billion, therefore saving the… []
L-R: Dr. Mukaila Olatoye Principal, Isale Eko Senior Grammar School; Head, Credit Risk Management, Wema Bank, Uchenna Obazeh; Principal, Isale Eko Junior Grammar School, Mr. Apotisike Francis, during the donation of chairs and tables to Isale Eko Grammar School by the bank recently. Wema Bank, Nigeria’s leading financial institution known for its dedication to social responsibility, marked a momentous occasion today as it made a… []
In a move towards fostering gender equality, inclusiveness and economic empowerment, Polaris Bank has announced the disbursement of business support loans to female-owned businesses in the first quarter of 2023. This is part of the Bank’s commitment to supporting women and female-owned businesses through the provision of soft loans. According to the Bank, the disbursement of the loans which impacted close to 20,000 beneficiaries across… []
