Brand & Business

Access Bank Reports ₦1.64 billion In Fraud Losses In H1 As Cases Rebound

— Access Bank logo By St. Johnson Adegboyega  Access Bank’s fraud losses increased by 254.02% to ₦1.64 billion ($1.13 million) in H1 2025, from ₦464.12 million ($320,478) in the previous year, with fraudulent transfers, withdrawals, and account reactivations costing Nigeria’s biggest bank by assets ₦617.11 million ($426,119). According to its parent Acess Holdings’ latest financial statements, most of the losses came from the presentation of… []

Tribunal Orders GHL to Pay First Bank $112,100, N111m Òver OML 120 Dispute

By Muyiwa Akinola A Nigerian tribunal sitting in Lagos has ordered General Hydrocarbons Limited (GHL) to pay First Bank of Nigeria Limited (FirstBank) $112,100 and N111 million as costs over a dispute related to Oil Mining Lease (OML) 120. Justice Kumai Bayang Akaahs gave the order on Tuesday while ruling on a Notice of Arbitration filed by GHL against First Bank. Justice Akaahs held that… []

₦900.8billion Profit Before Tax; GTCO Plc Releases 2025 Q3 Unaudited Results

— GTCO logo By St. Johnson Adegboyega  Guaranty Trust Holding Company Plc (“GTCO” or “the Group”) has released its Unaudited Consolidated and Separate Financial Statements as of September 30, 2025, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group posted profit before tax of ₦900.8billion on the back of strong performance on the core earnings lines of interest income and fee… []

ZENITH BANK REWARDS SHAREHOLDERS WITH N1.25 KOBO INTERIM DIVIDEND, SETS STAGE FOR RECORD FULL-YEAR RETURNS

By Muyiwa Akinola Zenith Bank Plc, on Friday, October 10, 2025, made good on its promise as it paid a total interim dividend of N51.3 billion to its shareholders for the Half Year (H1) 2025, at N1.25 per share. This significant payout represents over 60% increase from the N31.4 billion paid in H1 2024, demonstrating the bank’s commitment and enhanced capacity to continually generate value… []

Mission Possible – Unity Bank MD Celebrates Resilient Frontline Staff, Reaffirms Commitment to Customer Service Excellence

— Bank’s staff celebrating Customer Service Week 2025 By St. Johnson Adegboyega  The Managing Director/Chief Executive Officer of Unity Bank Plc, Mr. Ebenezer Kolawole, has said that a service culture built on responsiveness and innovation will differentiate the impact that customer service can make in any organisation. Making the remarks at the flag off of the Customer Service Week 2025 in Unity Bank, Mr. Kolawole… []

CBN Issues New Restrictions On Point of Sale (PoS) Agents

— CBN Building  By St. Johnson Adegboyega  The Central Bank of Nigeria (CBN) has issued new restrictions on who can qualify to operate as Point of Sale (PoS) agents under its revised Guidelines for the Operations of Agent Banking in Nigeria, effectively barring individuals with unresolved debts, watch-listed Bank Verification Numbers (BVNs), or a history of financial misconduct from participating in the fast-growing agent banking… []

Hydrogen Leads Partnership with Umpaya and Rotary Club District 9111 to Transform E-Waste into Greener Tomorrows

  By St. Johnson Adegboyega  At Hydrogen Payment Services Company Limited, sustainability is not an afterthought, it is a core value that shapes how we innovate, operate, and lead within the financial services industry. Earlier this year, we launched our flagship E-Waste Initiative in partnership with Umpaya, a leading environmental solutions provider, with support from the Rotary Club of Akowonjo District 9111. The initiative began… []

Moniepoint Loses $1.2million In Its First Year Of Operations In The UK

— Moniepoint Logo By St. Johnson Adegboyega Moniepoint incurred a loss of $1.2 million in its first year of operating in the United Kingdom, according to recent regulatory filings. The company did not generate any revenue between February and December 2024, with operations continuing to be funded by its parent company. The fintech, recently named one of the UK’s top fintech companies, entered the UK… []

Investors Wind Down Positions As Fidelity Bank Drops by 11% Market Value On The Nigerian Exchange

— Nneka Onyeali-Ikpe; Group Managing Director and Chief Executive Officer of Fidelity Bank Plc. By Muyiwa Akinola Fidelity Bank Plc lost more than 11% of its market value on the Nigerian Exchange (NGX) as investors wound down positions amidst sustained delay in earnings release a ‘hanging’ judgement debt in Tier -2- lender. Trading data from the Nigerian Exchange (NGX) showed that the market of the… []

Access Bank Delivers Free Healthcare Services to Over 300 People in Ikotun Lagos, Nigeria

By St. Johnson Adegboyega Access Bank has reinforced its drive for inclusive development by hosting a rural health outreach in Ikotun, Lagos, under its “One Bank, One Continent – Together for Health” campaign. The outreach is part of the Bank’s wider ESG and CSI commitments to improving quality of life and driving real impact across Africa. The outreach, held recently, delivered free medical services and… []

The Access Group Human Map of Nigeria: A Story Forged in the Sun

By St. Johnson Adegboyega  On Friday, September 27, the skies over Lagos opened with rain, steady, inconvenient, and for many, discouraging. But for the people of Access Holdings and Access Bank, its flagship subsidiary, it was just another obstacle on the path to making history. By midday, the clouds gave way to a blazing sun, harsh and unrelenting. Yet, beneath that heat, hundreds of employees… []

Access Holdings Recognised by Pan-Atlantic University for Championing Youth-Led Sustainability

  By St. Johnson Adegboyega Access Holdings recently welcomed students from Pan-Atlantic University (PAU), who visited the Group’s headquarters to express their appreciation for sponsorship of the EcoMalchemy Plastic-to-Art Project. The initiative, which turned discarded plastic waste into artistic masterpieces now exhibited in a museum, gave students an opportunity to explore how creativity can drive conversations around sustainability and environmental responsibility. As part of their… []

The African Champions, D’Tigress Receive ₦200m Reward From Zenith Bank [PHOTO]

  By St. Johnson Adegboyega Sponsors of the Women National Basketball League, Zenith Bank Plc, on Tuesday at a reception held at their Abuja head office in Maitama, rolled out the drums for the victorious D’Tigress of Nigeria after the team secured a record-breaking 5th back-to-back AfroBasket title. The bank rewarded the team with N200m. Each of the players will receive N10m which will be… []

Hydrogen Payment Services Champions E-Waste Sustainability with Tree-Planting Initiative

As part of its growing commitment to environmental sustainability, Hydrogen Payment Services has launched a bold e-waste initiative focused not just on responsible disposal, but on environmental renewal—turning discarded devices into trees. With Nigeria generating over 500 tons of electronic waste annually—making it the largest e-waste producer in West Africa—Hydrogen is stepping up to address a critical but often ignored threat in the digital finance… []

Access Bank Tanzania Honours  President Samia Suluhu Hassan for Exceptional Leadership

 –— President Samia Suluhu Hassan receives the prestigious Power of 100 Africa Women Award from Access Bank Group, presented by the Board Chairman of Access Bank Tanzania, Mr. Protase Ishengoma…recently.  The Board and Management of Access Bank Tanzania, led by Chairman Protase Ishengoma, paid a courtesy visit to the State House to present the Power of 100 Africa Women Award to Her Excellency, President Samia… []

8 Nigerian Banks Meet Minimum Forbearance Related Requirements – CBN

— CBN Governor, Yemi Cardoso By St. Johnson Adegboyega The Central Bank of Nigeria (CBN) has confirmed that eight Nigerian banks have met the minimum regulatory requirements under the current forbearance regime. This was disclosed by CBN Governor Yemi Cardoso during the Monetary Policy Committee (MPC) briefing held on Monday, July 22, 2025. “Eight banks have surpassed the minimum required,” Cardoso said in response to questions… []

ZENITH BANK Named Nigeria’s Best Bank At EUROMONEY AWARDS FOR EXCELLENCE 2025

  L-R: Former Economic Secretary to the Treasury of the United Kingdom, Ed Balls; Head of Multinationals and Financial Institutions, Zenith Bank (UK) Ltd, Natalie Andrew; Manager, Wealth Management, Zenith Bank (UK) Ltd, Noelia Pinto; Group Managing Director/CEO, Zenith Bank Plc, Dame Dr. Adaora Umeoji, OON; Executive Director, Zenith Bank Plc, Dr. Mrs. Adobi Nwapa; CEO, Zenith Bank (UK) Ltd, Udu Ovbiagele; and Euromoney’s Head… []

GTCO’s Autism Campaign Sparks Transformation, Promotes Inclusion Across Nigeria, Ghana

L–R: Rashard Dobbins, Performer and Production Professional; Lanre Duyile, Behaviour Analyst and Consultant; Solape Azazi, Behaviour Analyst and Autism Advocate; Oyinade Adegite, Chief Communications Officer, GTCO Plc; Segun Agbaje, Group Chief Executive Officer, GTCO Plc; Babajide Okuntola, Deputy Managing Director, GTBank and Grace Bamgboye, Consultant Speech-Language Pathologist at the 15th edition of the GTCO Autism Conference held at the MUSON Centre, Lagos. In a powerful… []

FIRSTBANK Marks Significant Milestone: ₦1 Trillion In Instant Digital Loan Disbursements

— First Bank Headquarters By St. Johnson Adegboyega FirstBank, a leading financial institution and provider of financial inclusion services in West Africa, announces the achievement of ₦1 trillion in cumulative instant digital loan disbursements. This accomplishment further consolidates the Bank’s reputation for innovation, leadership in financial inclusion, and commitment to customer empowerment within. Since its inaugural digital loan in August 2019, FirstBank has developed an… []

Access Holdings Reaffirms Strategic Growth Plan from Expansion to Optimisation

— Access Holdings logo By St. Johnson Adegboyega Access Holdings PLC, the parent company of Access Bank, has reaffirmed its long-term strategic blueprint anchored on a deliberate and structured progression: scale, optimise, and sustain. This roadmap, which has driven the Group’s aggressive expansion across Africa and into key global markets, is now entering a crucial optimisation phase, expected to unlock significant value for stakeholders as… []