Brand & Business

Access Bank Polo 2023: A Grand Affair for Education and Philanthropy

— Access Bank Polo and Charity event at the Guards Polo Club in Egham — By Bunmi Onakan The annual Access Bank Polo and Charity event at the Guards Polo Club in Egham, Surrey was once again a remarkable gathering of royalty, diplomats, political leaders, the business community, and supporters of Access Bank. This prestigious event not only showcases the elite sport of polo but also serves as a… []

Standard Chartered, Access Banks Enters Into Sales Agreement In Five African Countries

— Access Bank, Standard Chartered representatives — Standard Chartered Affirms Commitment To Nigeria — By Ademola Idris Standard Chartered Bank and Access Bank Plc (Access) have entered into agreements for the sale of Standard Chartered’s shareholding in its subsidiaries in Angola, Cameroon, The Gambia, and Sierra Leone, and its Consumer, Private & Business Banking business in Tanzania. Each transaction remains subject to the approval of… []

Dangote Cement Increases Capacity With New Plants In Nigeria, Cote d’Ivoire & Ghana

L-R: Group Sales and Marketing Director, Dangote Cement Plc, Rabiu Umar;  Chief Executive Officer, Nigerian Exchange Limited, Temi Popoola; Group Managing Director/CEO, Dangote Cement Plc, Arvind Pathak; Non-Executive Director, Dangote Cement Plc, Ernest Ebi,  at Dangote Cement closing Gong ceremony at the Nigerian Exchange Limited on Wednesday, July 12, 2023. – By Adegboyega Johnson Dangote Cement has concluded plans to expand its production capacity through the construction… []

AVPA, Sterling One Foundation Announces Applications for the Africa Social Impact Summit 2023 

— By Bunmi Onakan The Sterling One Foundation and the African Venture Philanthropy Alliance have announced the upcoming ASIS 2023 Deal Room, which will take place on August 11, 2023, in Lagos, Nigeria, to connect social impact enterprises with potential investors for funding opportunities. The deal room, managed by the African Venture Philanthropy Alliance (AVPA) alongside other technical partners, presents a unique opportunity for SMEs… []

CBN Adjusts Exchange Rate To N770.88/$1, Warns Banks To Be Cautious

– Central Bank of Nigeria logo  – By Ademola Idris The Central Bank of Nigeria (CBN) has issued a warning to Deposit Money Banks (DMBs) and Other Financial Institutions (OFIs) in the country to exercise caution when conducting transactions with businesses and individuals in certain countries. Warns Banks To Be Cautious In Transacting With Some Countries The countries specified by the CBN are the Russian… []

GTCO AUTISM CONFERENCE 2023: Empowering Voices For Autism

  – By Adegboyega Johnson  Guaranty Trust Holding Company Plc (GTCO) has announced dates for the 2023 GTCO Autism Conference and follow-up consultations. This year’s programme is themed “Empowering Voices for Autism” to promote inclusivity and self-advocacy for persons on the Autism Spectrum. An offshoot of the Orange Ribbon Initiative, the GTCO Autism Conference has grown to become a reference point for autism advocacy and… []

Zenith Bank Retains Position As Number One Bank In Nigeria By Tier-1 Capital In The 2023 Top 1000 World Banks Ranking

– 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… []

UBA, Access, others Seal Pact To Revolutionise Cross-Border Transactions

– 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 PLC Launches Season 3 of the Wema Bank 5 for 5 Promo, Rewarding Customers with N90,000,000 in Cash Prizes

– 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 Launches Tech-Based Solutions For Stakeholders In The Nigerian Education Sector

– 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,… []

Top Among Six Africans: Bloomberg Confirms Aliko Dangote Richest Man In Africa With $15.6bn

– 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… []

NEXIM Partners Fidelity Bank And Sapphital To Grow Nigeria’s Export Sector.

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… []

Sterling Bank, SMEDAN To Create Nigeria’s Largest SME Database

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… []

UBA Pioneers Financial Inclusivity For The Visually Impaired, Introduces UBA Braille Account Opening Form:

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),… []

Kuda Launches Awareness Campaign To Drive Cashless Payments In Nigeria

– 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… []

Post No Debit: “Dead” Customer recants, thanks Polaris Bank for protecting his funds

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… []

Sterling Bank Accelerates Nigeria’s EV Race With Qore

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 Affirms Fidelity Bank Ratings with Stable Outlook

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… []

Fidelity Bank MD, Nneka Onyeali-Ikpe Gets National Award

– 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…. []

Children’s Day 2023: Davido Joins Wema Bank To Empower Teenagers With Skills Acquisition

– 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… []