UBA Premieres most Anticipated  Men’s Club Season 2 Trailer

 Saturday 18th of May, 2019 was the definition of entertainment success. From the lights to setup, the atmosphere was filled with the euphoria of excitement. The wait was finally over, almost 6 months after the first season hit YouTube, The Men’s club, season 2 is set to launch.  In anticipation, a private screening was held at the IMAX Filmhouse cinema, Lekki. In attendance were the cast, crew and industry supporters. A… Continue Reading

First Bank of Nigeria Limited has splashed scholarships worth N2.7 million on 18 customers under its XploreFirst promo initiative

First Bank of Nigeria Limited has splashed scholarships worth N2.7 million on 18 customers under its XploreFirst promo initiative to boost savings culture and promote financial inclusion among students. The News Agency of Nigeria (NAN) reports that the winners were drawn from the six geopolitical zones and Lagos at the final/ grand raffle of XploreFirst promo on Friday in Lagos. The winners emerged through an electronic draw handled by Tequila… Continue Reading

FirstBank Hits N1 Trillion in Transactions Processed through its Firstmonie Network; spearheads the Financial Inclusion drive by the Central Bank of Nigeria.

Nigeria’s premier financial services provider and Bank of first choice, First Bank of Nigeria Limited has announced that its Firstmonie network has processed a cumulative transaction value of N1 trillion from its relaunch in January 2018. The network also achieved nationwide coverage in record time, enabling access to financial services for many locations that never had a way for its residents to access financial services. This is in line with… Continue Reading

SHAREHOLDERS COMMEND FBNHOLDINGS FOR A SUCCESFUL AGM AS MANAGEMENT ASSURRES OF A BRIGHTER FUTURE

The shareholders of FBN Holdings Plc have been assured of brighter future and enhanced dividend at the 7th Annual General Meeting (AGM) in Lagos. Speaking at the meeting in Lagos, Dr Oba Otudeko,  FBN Holdings Group Chairman, assured the shareholders that the company had mapped out strategies aimed at ensuring enhanced value creation for the future. Otudeko said that the board and management would work together to create shareholder value… Continue Reading

UBA Rewards 20 more Customers with N30m in Wise Savers Promo

United Bank for Africa (UBA) has rewarded another 20 customers who emerged winners in the second quarterly draw of the UBA Wise Savers Promo with N1.5 million each, bringing the total amount won by 40 customers so far to N60 million. The electronic raffle draw which was held at UBA House on Thursday 18th of April, was witnessed by the Consumer Protection Council, National Lottery Regulatory Commission and Lagos State Lottery, Board…. Continue Reading

GTBank Releases Q1 2019 Unaudited Results…….. Reports Profit before Tax of ₦57.0Billion 

Guaranty Trust Bank plc has released its unaudited Financial Results for the quarter ended March 31, 2019 to the Nigerian and London Stock Exchanges.  The Bank recorded positive performance across all financial metrics with gross earnings for the period growing by 1.2% to ₦110.3billion from ₦109.0billion posted in March 2018. Profit before tax improved to ₦57.0billion from ₦52.6billion recorded in the corresponding period of March 2018, representing a growth of… Continue Reading

Ebenezer Onyeagwu Now Zenith Bank GMD/CEO

Zenith Bank Plc. has announced the appointment of Mr. Ebenezer Onyeagwu as the Group Managing Director/CEO of the bank effective June 1, 2019. In a notice sent to the Nigerian Stock Exchange on Monday, the bank said the appointment is subject to the approval of the Central Bank of Nigeria (CBN). Onyeagwu replaces Mr. Peter Amangbo, whose tenure expires on May 31, 2019. Mr Amangbo leaves the bank at the… Continue Reading

FIRSTBANK EMPOWERS OVER 7000 STUDENTS ON FINANCIAL LITERACY, COMMEMORATES THE GLOBAL MONEY WEEK (GMW)

Nigeria’s premier financial services brand, First Bank of Nigeria Limited, joined over 50,000 global institutions to commemorate the 2019 Global Money Week (GMW) which took place on 25 – 31 March 2019. The 2019 Global Money Week is themed “Learn Save Earn”.  Representatives of FirstBank imparted nuggets of financial literacy to over 7000 students in schools spread across the 6 geo-political zones of the country which is also in line… Continue Reading

Winners Emerge at WEMA Bank’s Hackaholic’s

Nigeria’s leading innovation Bank wraps up premier hackathon. Wema Bank’s maiden hackathon, Hackaholics, announced its winners at a grand nale on Sunday, March 31, 2019. The event, hosted at Codeville, Wema Bank’s innovation lab, brought together some of the brightest minds in the country to be part of various activities including keynote addresses, panel discussions and training programs for the participants by Osmosis. Hackaholics brought together startups and young tech… Continue Reading

Autism Awareness Day – GTBank Rallies Support for Children with Developmental Disorders

As the world marks Autism Awareness Day, Guaranty Trust Bank is calling on members of the public to speak up against the stigmatisation of people living with Autism and other developmental disorders. The Bank, which runs an initiative to support children and adults living with Autism, is also urging well-meaning Nigerians and organisations to support people with special needs with the education and job opportunities that they need to lead… Continue Reading

Creating One of Africa’s Leading Retail Banks – Launch of the New Access Bank Brand

Today we have publicly launched the new Access Bank, one company, with 28,000 staff across 600 branches and 29 million customers worldwide. This follows legal completion of the merger on 19 March and the launch of our new brand today. The enlarged Access Bank will have a formidable commercial and retail banking business, providing significant opportunities to customers, staff, shareholders and other stakeholders. Our new logo fuses Diamond Bank and… Continue Reading

UBA Unveils 30 Students as 2019 Campus Ambassadors

Pan African financial institution, United Bank for Africa (UBA) Plc on Friday unveiled 30 students as UBA Brand Ambassadors for 2019 in the third edition of its Campus Ambassador Programme. The 30 students made up of 17 males and 13 females, chosen from various tertiary institutions across Nigeria, were selected based on a number of carefully-defined criteria including clear leadership and creative skills as well as the keen ability to… Continue Reading

Re: Purported enforcement of a judgement Against GTB

  ‘The attention of Guaranty Trust Bank Plc (“the Bank”) has been drawn to statements circulating in the news and social media in respect of a purported enforcement of a Judgment of the Federal High Court, Ibadan, Oyo State, at one of its branches in Anambra State. The Bank as a law-abiding corporate citizen is taking all necessary legal steps to address this situation and ensure that no illegal or… Continue Reading

More millionaires to emerge in UBA Wise Savers Promo  

As part of UBA’s commitment to support the savings culture in Africa, the bank is rewarding its loyal customers for saving towards their goals. So far, twenty customers have been rewarded with N1.5 million each has since the promo began in September 2018. At the second draw happening in April, 20 lucky savers will also win N1.5 million each. The draws take place every quarter and there is still a… Continue Reading

FIRST BANK: STILL STANDING GIDIGBA 125 YEARS AFTER…… BY ALEX OTTI

This week marks the celebration of the 125th anniversary of the existence of the First Bank franchise in Nigeria. This stands the bank out as one of the earliest institutions established in West Africa, and obviously, one of the handful still in existence today. The bank began as the Bank of British West Africa (BBWA) in 1894 and quickly began playing the role of  the Central Bank of British West… Continue Reading

UBA Hinges Future Performance on Cost Efficiency, Improved Asset Quality

Pan African financial institution, United Bank for Africa (UBA) Plc has assured its local and international investors that it’s prudent focus on improved asset quality as well as the continuous adoption of strict cost efficient measures will help the bank achieve its objectives and priorities for the 2019 financial year and beyond. This the bank has said will culminate into an institution with even stronger indices laced  with the capacity… Continue Reading

GTBank Builds Nigeria’s First Digital Play Centre for Children

Banks only build branches, or so the story goes. Except for Guaranty Trust Bank Plc; the foremost African financial institution, which has been at the forefront of several innovative products and services, recently completed and opened the first digital playground for children in Nigeria. Located in Lekki, Lagos State, the GTBank Play Centre is equipped with a wide range of interactive games that will give kids a fun and immersive… Continue Reading

125 YEARS ANNIVERSARY: FIRSTBANK HOLDS RELAY WALK, PLEDGES COMMITMENT TO TEAMWORK, SERVICE DELIVERY, VALUE CREATION

Nigeria’s premier Bank, First Bank of Nigeria Limited, has reiterated its commitment to continue to provide quality services to its over 15 million customers, create value and exhibit wholesome teamwork and coordination among its staff. The remark was the collective stand point of the Bank’s principal officers as it held a 125 kilometres Relay Walk to celebrate the bank’s 125 years of uninterrupted existence as a heavyweight in the financial… Continue Reading

UBA Earnings Hits N494bn, Records Significant Asset Growth, Driven by Market Share Gains Across Africa

…. Records Profit of  N106.8 billion  The Pan-African financial institution, United Bank for Africa Plc has announced its Audited 2018 Financial Results with impressive growths achieved across major financial lines. According to the 2018 financials filed at the Nigerian Stock Exchange on Tuesday, the Africa’s global bank’s gross earnings grew by 7.0 percent to N494.0 billion, compared to N461.6 billion recorded in the corresponding period of 2017. The Bank’s total assets also grew… Continue Reading

ATM FRAUD:Polaris Bank Dupes Customer of N2million

A Nigerian based in the United States of America has been duped of his hard earned money by Polaris Bank. The customer (names withheld) had visited a Polaris Bank branch at Montgomery, Yaba Lagos, to request for an ATM card on his arrival to Nigeria. After filling and signing all necessary documents, the customer was told to come back after two days for the collection of his card. But the… Continue Reading

Access Bank Records 58% Profit Growth in FY 2018

Access Bank Plc has released its audited financial results for the full year (FY) ended December 31, 2018 showing an increase of 58% in Profit after Tax (PAT) to N95.0 billion from N60.1 billion in the corresponding period of 2017. The Bank’s audited results which was released to The Nigerian Stock Exchange on Friday also showed that Gross Earnings rose 15% to 528.7 billion in FY 2018, compared to 459.1… Continue Reading

125 YEARS ANNIVERSARY: FIRSTBANK EMBARKS ON 125KM RELAY WALK TO GREATNESS,

On Saturday, 16 March 2019, Nigeria’s premier financial institution, First Bank of Nigeria Limited and other corporate entities in the FBNHoldings group would collectively have a 125km Relay Walk to celebrate the Bank’s 125 years of unbroken business operations in commemoration of its 125 years anniversary. Following the flag hoisting ceremony, the anniversary activities curtain raiser event that held on 1 March 2019, the 125km Relay Walk which is to… Continue Reading

Wema Bank to Boost Nigeria’s Tech Sector with Its Own Hackathon – Hackaholics

Advances in banking and nancial technology mean more ecient solutions in dealing with the demands of an evolving market. As a bank marked with an identity of innovation, Wema Bank is a proven incubator of inventions and creative ideas, traits that continue to remain the hallmark of its operations long after its establishment in 1945. In proof of its promotion of innovation, Wema Bank launched Nigeria’s rst fully digital bank,… Continue Reading

GTBank Releases 2018 Full Year Audited Results….Reports Profit Before Tax Of ₦215.6 Billion

Guaranty Trust Bank plc has released its audited financial results for the year ended December 31, 2018 to the Nigerian and London Stock Exchanges. A review of the results shows positive performance across all financial metrics and improved strategic positioning of the brand. Gross earnings for the year grew by 3.7% to ₦434.7billion from ₦419.2billion reported in the December 2017. Profit before tax stood at ₦215.6billion, representing a growth of… Continue Reading

FIRSTBANK MARCHES ON, BRINGS THE WORLD TO A STANDSTILL

Nigeria’s Premier financial institution and iconic banking Brand, First Bank of Nigeria Limited had the world stand still on Friday, 1 March 2019, as it held its symbolic flag hoisting ceremony across Nigeria and other countries where it does business. The celebratory flag hoisting officially flags off the bank’s commemoration of attaining the milestone year of 125. The event was also to reinforce the Bank’s continuous march to greatness; a… Continue Reading

First Bank Celebrates @125

First Bank of Nigeria Limited on Friday said that it would remain committed to the development and growth of Nigeria as well as the financial industry through enhanced service delivery. Dr Adesola Adeduntan, the bank’s Chief Executive Officer, said this at its 125 years anniversary flag hoisting in Lagos. Adeduntan said that the bank, a long-standing institution, had impacted the nation and the world through various financial products and services…. Continue Reading

UBA Group Launches Full Banking Operations in the UK

London, March 1, 2019, three weeks after the UBA group launched its operations in Mali, the global financial city of London hosted a high level gathering of business and public sector leaders on Thursday February 28, 2019, as the new UBA franchise, UBA UK was formally birthed in the United Kingdom amidst high expectations. At the upscale ceremony which held at The Prestigious Shard in the city of London, UBA UK was… Continue Reading

Zenith Bank’s Improved PBT Of N232 Billion Excites Shareholders, With Dividend Offer Of N2.80 Per Share

In a clear show of its resilience and strong market share, Zenith Bank has announced an impressive result for the year ended December 31, 2018 with profit before tax (PBT) rising to N232 billion for the 12 months ended December 31, 2018. Also, in demonstration of its commitment to its shareholders, the bank has announced a proposed final dividend pay-out of N2.50 per share, bringing the total dividend to N2.80… Continue Reading

How Leo won a million hearts in 12 months…More than one million Africans now bank on Leo

With ever-increasing customer expectations of quick service and near real-time transactional support, United Bank for Africa (UBA) committed resources to Artificial Intelligence (AI) a year ago, birthing Leo, a Banking Chatbot that helps customers carry out key banking transactions anywhere, using mobile devices and personal computers.  Leo can be accessed via Facebook or WhatsApp. “Our customers are increasingly asking for mobile services that make their lives easier, and Leo is… Continue Reading

NIGERIA NOW ON GROWTH TRAJECTORY, SAYS JIM OVIA

The Chairman of Zenith Bank Plc, Mr. Jim Ovia (CON), has lauded the federal government’s economic team for pulling the economy out of economic recession, acknowledging that the country’s economic outlook shows that it is now on a growth trajectory. Giving his goodwill message at the Deloitte in Dialogue Nigeria Economic Outlook 2019 event on Thursday, January 31, 2019 at the Civic Centre in Lagos, the Chairman of Zenith Bank,… Continue Reading

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