– Bolaji Agbede, Late Herbert Wigwe By Adegboyega Johnson Following the sad demise of Herbert Wigwe, the former Group Chief Executive Officer of Access Holdings who left a void in the heart of his family and loved ones and most importantly, it left a vacant throne in Access Holdings kingdom, hence, the need for a successor. For Wigwe’s family, the vacuum may never be filled,… []
– Late Herbert Wigwe, Flutterwave’s Gbenga Agboola By Adegboyega Johnson Many things have been said about the late founding Group CEO of Access Holding Plc, Herbert Wigwe since hid untimely death. On 9 February 2024, several tech founders and executives have been pouring encomiums on his impact on their lives and businesses. “I called him the Oracle of Isiokpo. My oracle. Because if Warren Buffet… []
– NASCON logo By Adeola Idris Leading food seasoning manufacturer, NASCON Allied Industries has gained more market share even as its profit after tax (PAT) rose by 151 percent to N13. 73 billion for the financial year ended December 31, 2023. A review of the company’s 2023 annual results and accounts indicated that profit after tax rose by N8.26 billion over N5.47 billion recorded in… []
– Femi Otedola By Adegboyega Johnson FBN Holdings has appointed Femi Otedola, the billionaire businessman and investor, as the new chairman of its board of directors. FBN Holdings is the parent company of First Bank of Nigeria. The company notified investors of the new development in a corporate filing on the Nigerian Exchange Limited (NGX) on Wednesday. The appointment comes two years after the investor… []
L-R-: Executive Director with The Alternative Bank, Garba Mohammed and Emir of Kano, Alhaji Aminu Bayero during the inauguration of a branch of The Alternative Bank in Kano recently. By Bunmi Onakan The arrival of Nigeria’s largest ethical bank, The Alternative Bank, has been endorsed by the Emir of Kano, Alhaji Aminu Ado Bayero, as the bank opens its first stand-alone branch in the ancient… []
L-r: ACAMB Exco; Financial Secretary, Halima Isha of JAIZ Bank; Treasurer, Morolake Philip-Ladipo of Wema Bank; Vice President (VP)1, Oze K Oze of FirstvBank; President, Rasheed Bolarinwa of Polaris Bank; VP2: Tolulope Onipede of Guaranty Trust Bank; General Secretary, Jide Sipe of ECOBANK; Assistant General Secretary, Iyke Iheagwam of Access Bank; Publicity Secretary, Omede Odekina of United Bank for Africa (UBA); and Social Secretary, Ozena… []
– Opay logo By Adeola Idris OPay, a Nigerian financial technology firm, says fraudulent accounts will be removed from its system from March 1, 2024. At a news conference on Wednesday, the mobile money firm said customers whose accounts are not KYC compliant will also be blocked. KYC (know your customer), is a process by which banks obtain information about the identity and address of… []
– Unity Bank logo (file photo) By Bunmi Onakan Unity Bank Plc and Cashtoken, have announced a partnership to deploy a patronage reward product that will see the Bank’s customers winning millions of Naira in cash rewards, guaranteed instant cashback, and offer a life-changing opportunity. Cashtoken is a Cash Reward-as-a-Service company that operates a loyalty programme designed to power customer engagement and improve customer satisfaction…. []
– Union Bank Logo By Bunmi Onakan Luxembourg based Universal Green Energy Access Programme (UGEAP), and Union Bank of Nigeria have formalised the basis for a strategic partnership to catalyse the development of the renewable energy market in Nigeria. This collaboration, marked initially by a Memorandum of Understanding (MoU), aims to drive sustainable energy access for households and small and medium businesses across Sub-Saharan Africa,… []
– Dr. Ebenezer Onyeagwu, GMD, Zenith Bank Plc By Adeola Idris The Third Edition of the Zenith Tech Fair, tagged “Future Forward 3.0”, is set to be held on Wednesday, November 22 and Thursday, November 23, 2023, at the Eko Convention Centre, Eko Hotels & Suites, Victoria Island, Lagos, from 8.00 a.m. to 6.00 p.m. daily. The Two-Day fair will showcase leading technology innovations… []
– File photo of Polaris Bank logo By Bunmi Onakan Polaris Bank, Nigeria’s Leading Digital Retail Bank, in partnership with Eventful Limited will host the 2023 season end edition of The Fashion Souk 9.0 scheduled to hold at the Harbour Point, Victoria Island, Lagos on Saturday, December 2nd and Sunday, December 3rd. The Fashion Souk is Nigeria’s premier marketplace where smart Small and Medium-sized Enterprises… []
– Unity Bank logo By Bunmi Onakan Retail lender, Unity Bank Plc has extended N10 million business grant to 30 members of the National Youth Service Corps, NYSC, who took part in the 10th edition of the Bank’s flagship Entrepreneurship Development Initiative, known as Corpreneurship Challenge. The winners, including upcoming entrepreneurs developing innovative solutions in several business value chains such as Honey production, Rice, and… []
By Bunmi Onakan Nigeria’s premier financial institution and leading financial inclusion services provider, First Bank has launched the Win Big promo to reward and delight its valued customers. The four-month promo, which started on 23 October 2023 and will run till 23 February 2023 will reward several new and existing customers of the Bank with a total cash reward of 170,000,000.00 naira. At the end… []
– Polaris Bank Logo By Bunmi Onakan Five lucky Nigerians at the weekend hit a fortune when they emerged Millionaires in the ongoing Polaris Bank Save & Win Promo. The live quarterly draw of the ongoing Polaris ‘Save & Win’ promo which took place at the Bank’s headquarters Annex, Alausa Ikeja at the weekend in Lagos, further underscored Polaris Bank’s dedication to fairness in all… []
– Union Bank Logo By Bunmi Onakan In May, 2023, Union Bank of Nigeria received an offer from its core shareholder, Titan Trust Bank Limited, to acquire the shares of all minority shareholders in Union Bank after the completion of core investors’ sale of a majority shareholding to Titan Trust Bank Limited, a subsidiary of TGI Group. The acquisition of the minority shareholding has led… []
Shareholders of Sterling Financial Holdings Company Plc have commended the board and management of the company for its performance in its operations and earnings, and the diversification of the group’s business lines since completing the transition to a holding company structure. This commendation was shared at the recently held statutory meeting in Lagos. The hybrid statutory meeting, which was held with online and physical attendance,… []
L-R : Dr. Tinuola Akinbolagbe, MD/CEO Private Sector Health Alliance of Nigeria (PSHAN); Aigboje Aig-Imoukhuede (CON), Director, PSHAN; Fatima Aliko-Dangote, G.E.D Commercial Operations receiving the “Outstanding Philanthropy” award on behalf of Chairman, Aliko Dangote Foundation, Aliko Dangote during the PSHAN Gala and Awards night in Lagos recently. Dangote Group’s Executive Director, Commercial Operations, Hajia Fatima Aliko-Dangote, has reiterated the company’s determination to eradicate the high… []
– Tosin Eniolorunda, Group CEO, Moniepoint By Bunmi Onakan The Group CEO of Moniepoint Inc, Tosin Eniolorunda has called for partnerships between banks and fintechs in the country to address the menace of rising fraud in the financial system. A statement from the company disclosed that Eniolorunda stated this during a courtesy visit to the Chief Executive Officer, of Fidelity Bank, Nneka Onyeali-Ikpe in Lagos…. []
By By Bunmi Onakan Nigeria’s largest ethical bank, The Alternative Bank (TAB) has taken steps to extend its reach beyond the shores of Nigeria with its hosting of an executive delegation from Banque Sahelo-Salarienne pour l’Investissement et le Commerce (BSIC), a Gambian bank. The two-week exchange program is to promote collaboration between the non-interest banking sectors of Nigeria and Gambia’s financial services sectors. TAB’s Managing… []
– Aliko Dangote, Chairman Dangote Group By Bunmi Onakan Dangote Industries Limited (DIL) has revealed that its pan African operations have fetched Nigeria $687,977 million. The company stated it has so far repatriated over $576.009 million through various banks in Nigeria, in addition to a $111.968 million cash swap arrangement between Dangote Cement Plc and Ethiopian Airlines; thus, saving the same amount that would have… []
