Brand & Business

Union Bank grows earnings by 8.9% to N175bn

Union Bank of Nigeria Plc has recorded 8.9% growth in its gross earnings to N175 billion for the financial year ended December 31, 2021 from N160.7 billion recorded in the corresponding period 2020. The details of the results released on the Nigerian Exchange Limited, NGX yesterday show that Non-interest income rose 26.7% to N55.7 billion from N44 billion in 2020 driven by significant increases in… []

Fidelity Bank drives Non-Oil Exports awareness in North Central through RT200 FX Seminar

Governor Simon Lalong of Plateau state has lauded the RT200 FX Programme by the Central Bank of Nigeria’s (CBN), stating that the nation stands to gain a lot in terms of expanding its foreign exchange earning capacity through previously underutilised sectors. The governor made this declaration at the recently held CBN RT200FX Policy Sensitization seminar hosted by Fidelity Bank Plc in Jos, Plateau State capital… []

Fidelity Bank to Sensitize Businesses in North Central Zone on Opportunities in Non-Oil Exports

Following successful outings in Kano and Akure, leading financial institution, Fidelity Bank Plc, is set to host businesses in the north central geopolitical zone to a special seminar on opportunities and implementation of the CBN RT200 FX Policy. Scheduled for Tuesday, 12 April 2022 in Jos, Plateau State capital, the session would be facilitated by officials of the bank as well as representatives from key… []

Union Bank Reiterates Commitment To Innovation and Technological Advancement As Bank Launches SpaceNXT

Leading financial institution, Union Bank has launched a technological and innovation hub known as SpaceNXT. Built to promote innovation and encourage collaboration within the tech ecosystem in Nigeria, SpaceNXT is a future-forward purpose designed co-working hub for innovators, creators and techpreneurs. Located within the Union Bank Head Office in Lagos Nigeria, SpaceNXT was set up to provide an enabling environment where tech enthusiasts, visionaries and… []

Access, Fidelity, Wema 3 Others Banks Fined N1.31bn for Flouting CBN Directive

  Fo closure of crypto accounts, Central Bank of Nigeria (CBN) has penalised six banks for N1.314 billion over alleged non-compliance with a regulation on cryptocurrency accounts. The banks include Stanbic IBTC, First City Monument Bank (FCMB), Access Bank, Wema Bank, United Bank for Africa (UBA) and Fidelity Bank. Stanbic IBTC Bank, the domestic unit of Standard Bank Group Ltd, was fined N200 million for… []

Zenith Bank’s Shareholders Excited As Bank Pays N97.33b Dividend

Founder and Chairman, Zenith Bank Plc, Mr. Jim Ovia, CON (Centre) flanked by the Group Managing Director/CEO, Mr. Ebenezer Onyeagwu (Left) and the Deputy Managing Director, Dame (Dr.) Adaora Umeoji (Right) at the 31st Annual General Meeting of the bank held yesterday at the Civic Centre, Victoria Island, Lagos.   Shareholders of Zenith Bank Plc, at the 31st Annual General Meeting (AGM) of the bank held on… []

Global Money Week: Fidelity Bank to Empowers 4,000 Students In 36 Secondary Schools

Fidelity Bank Plc has tutored 4,000 students in 36 schools across Nigeria on the value of managing financial resources effectively in order to improve their economic well-being. This initiative, organized in collaboration with Junior Achievement Nigeria (JAN), is part of the activities celebrating the Central Bank’s (CBN) annual Global Money Week (GMW), which promotes financial literacy on a global and local scale. The theme of… []

Heritage Bank promotes Financial Literacy to commemorate Global Money Week

  In alignment with the Central Bank of Nigeria’s (CBN) Financial Literacy Day, Heritage Bank Plc, Nigeria’s Most Innovative Banking Service provider has joined the rest of the world in the celebration of 2022 Global Money Week. The 2022 Global Money Week was scheduled to take place from the 21st – 27th of March 2022 and this year marks the 10th anniversary of the annual… []

STERLING ONE WOMAN, PARTNERS WITH SOCIETY FOR CORPORATE GOVERNANCE NIGERIA FOR IWD CELEBRATION

As part of activities to commemorate this year’s International Women’s Day (IWD) themed “Break the Bias,” Sterling Bank partnered with the Society for Corporate Governance, a non-governmental organization (NGO), to sensitize women professionals and other executives on how they can become active and effective board members as part of activities to commemorate this year’s International Women’s Day (IWD). Speaking at the one-day event with the… []

Fidelity Bank to Help Entrepreneurs Explore US Market

Leading financial institution, Fidelity Bank Plc, is set to host a workshop for businesses looking to scale and expand their reach into new international markets. The training, which is scheduled for Wednesday, 6 April 2022 in Aba, Abia State, is being put together in collaboration with Export & Sell Limited -a trade enabling platform that facilitates the listing of Nigerian businesses on Amazon as well… []

Access Bank names Ogbonna as New MD, Wigwe remains Access Holdings CEO

– Wigwe, Ogbona In its bid to strengthen its long-term competitiveness and growth prospects, Access Bank Plc has announced the successful completion of its restructuring into a Holding Company structure (Holdco) known as Access Holdings Plc. In a notification to the Nigerian Exchange (NGX) Limited on Monday, the company said, Mr. Bababode Osunkoya would be the chairman while Mr. Herbert Wigwe would remain as the… []

Fidelity Bank presents N10million to Winners of GAIM 5 4th Monthly Draw

Rewards 150 customers with N55.4m in savings loyalty scheme Ten customers of Fidelity Bank Plc have smiled home with N1million each having emerged winners in the fourth monthly draw of the Fidelity Bank Get Alerts in Millions season 5 promo (GAIM 5). Speaking at the prize presentation event in Lagos, the Promo Chairperson and Executive Director, Lagos and South-West, Fidelity Bank Plc, Dr. Ken Opara who… []

Ecobank Ellevate Exhibition, An Opportunity To Prioritise Women Businesses —Carol Oyedeji

THOUSANDS of women entrepreneurs, shoppers and visitors besieged the Ecobank Ellevate maiden exhibition and workshop held simultaneously in Lagos, Ibadan, Port Harcourt and Abuja. The fair is a special free exhibition and networking workshop organised by Ecobank Nigeria for female entrepreneurs as part of activities to commemorate this year’s International Women’s Day (IWD). Executive Director, Commercial Banking, Ecobank Nigeria, Carol Oyedeji, in her remarks, expressed… []

MAAN Commends Unity Bank for Supporting Maize Farmers

Nigerian maize farmers under the auspices of Maize Farmers Association of Nigeria (MAAN), have commended Nigeria’s agric-focused lender, Unity Bank Plc for its role in facilitating the financing of maize production by smallholder farmers in the country through the Anchor Borrowers’ Programme of the Central Bank of Nigeria (CBN). The President of MAAN, Dr. Bello Abubakar gave the commendation while delivering an address at the… []

To create a cleaner and safer environment; Sterling Bank cleans up Nigeria

As part of its commitment to create a cleaner and safer environment for the citizenry and aquatic life under its Corporate Social Responsibility (CSR) initiative known as Sterling Bank Environmental Makeover (STEM), Sterling Bank Plc has recently carried out environmental cleaning exercises in 23 states across Nigeria. The cleaning up exercises involved cleaning of markets, roads and beaches to commemorate the World Recycling Day, which… []

Fintechs & Merchants Laud Fidelity Bank for New Digital Payment Solution

Leading Nigerian bank, Fidelity Bank Plc, has been commended for simplifying digital payments and the customer journey following the recent launch of PayGatePlus, a one-stop solution for payments that caters essentially for all business categories within the financial ecosystem. Powered by OnePipe, PayGatePlus is a next-generation embedded finance platform which enables organisations in any sector to seamlessly integrate financial services into their existing offerings. The… []

Leveraging e-banking channels to drive profitability, Access Bank releases i2021 full-year financial result

There are three key factors that have played significant roles in the performance of most financial institutions. First is the level of investment made on technology, followed by quality customer services and the quality of management. For Access Bank Plc, the three factors played out positively in its 2021 full year results released to the Nigeria Exchange (NGX). The bank has shown a profit after… []

Four More Millionaires Emerge In Ecobank Super Rewards Campaign

Four customers of Ecobank Nigeria Limited, including Ikeanyi Ugwu representing FCT/Northern Region; Mr and Mrs Bidemi Adeboye, representing Lagos Region; Oghogho Ikede, representing Midwest and South West Region; and Theodore Scott-Emuakpor representing South East, and South South have emerged grand prize winners of N1 million each in the Ecobank Super Rewards Scheme Season 2. The four months campaign which ran between November 2021 and February… []

Heritage Bank, LCFE explore opportunities in commodities ecosystem to support CBN’s $200bn FX repatriation

Heritage Bank Plc, Lagos Commodities and Futures Exchange (LCFE) and other participating financial institutions explored opportunities on export revenue from the Commodities Ecosystem as part of its supports to the Central Bank of Nigeria’s (CBN) to raise $200billion in foreign exchange repatriation from the non-oil exports over the next three to five years. At a breakfast meeting organised by LCFE with bankers, tagged, “The CBN… []

UBA Partners With Cellulant To Expand Its Reach In 19 Markets Across Africa

Partnership between United Bank for Africa and Cellulant extends payments services for merchants and consumers to 19 markets across the African continent Africa’s global bank, United Bank for Africa (UBA) Plc, and leading Pan-African Payments Company Cellulant have announced a partnership that will extend payment services for merchants and consumers across 19 key African countries in which UBA operates. These countries include Nigeria, Ghana, Kenya,… []