WINNERS OF 2019 FIRSTBANK SPONSORED NATIONAL COMPANY OF THE YEAR COMPETITION CONTEST IN THE AFRICA COMPANY OF THE YEAR COMPETITION

First Bank of Nigeria Limited has announced that Taidob College Abeokuta, the 2019 winners of the National Company of the Year competition organized by Junior Achievement Nigeria would compete against student teams from 10 other Junior Achievement member countries across Africa. The student team contestants comprise representative from the Kingdom of Eswatini (Swaziland), Ghana, Zambia, Gabon, Uganda, Zimbabwe, Mauritius, Botswana, Kenya and South Africa. The event is scheduled for Friday, 6 December… Continue Reading

For Second Year Running, UBA Group Emerges African Bank of the Year

…….. Subsidiaries win Best Bank in Benin, Chad, Cote D’Ivoire, Gabon, Congo, Sierra Leone at The Bankers Awards The Banker Magazine has once again selected leading African financial institution, United Bank for Africa (UBA) Plc as the “African Bank of the Year 2019”. This is the second time, UBA has clinched the prestigious award, having been named Best African Bank of 2017 by The Banker magazine. This year, UBA also won best… Continue Reading

FBNHOLDINGS: SETTING THE TONE FOR GENDER INCLUSIVENESS, BALANCE IN BOARDROOM

In many parts of the world, including Nigeria, women often face the barriers of discrimination and persistent gender inequalities which deny them access to key positions in the corporate world as well as access to finance or the formal economy. Women make up almost half of the world’s working-age population of nearly 5 billion people. But only about 50 percent of those women participate in the labor force, compared with… Continue Reading

TOP GLOBAL DESIGNERS STORM LAGOS FOR “STYLE BY ZENITH 2.0” LIFESTYLE FAIR

Top global designers and brands will storm Lagos for the “Style by Zenith 2.0” Fair, the second edition of Zenith Bank’s highly anticipated Lifestyle Fair, which holds from Friday, November 29 to Sunday, December 1, 2019 at the Eko Energy City, Eko Atlantic, Victoria Island, Lagos. Some of the top designers billed to feature at the fair include Tom Ford, Dolce and Gabbana, Tokyo James, Eyola, Mai Atafo, Okunnoren Twins,… Continue Reading

UBA Partners with British Airways to Reward Loyal Customers

Pan African financial institution, United Bank for Africa (UBA) Plc and the global airline, British Airways have announced a collaboration to reward loyal customers who are cardholders of the Bank. The promo which will last for six months from November 2019, will witness UBA customers getting significant discounts when they purchase their British Airways tickets using their UBA cards.  The promo will allow customers to enjoy up between 10% to 15%… Continue Reading

FBNHOLDINGS, FBNBANK GHANA CALL ON PREZ AKUFO-ADDO

The Group Board Chairman of FBN Holdings Plc, Dr. Oba Otudeko CFR and Directors of FBN Holdings, FirstBank of Nigeria Limited and FBNBank Ghana Limited have paid a courtesy call on the President of the Republic of Ghana, Nana Addo Dankwa-Akufo-Addo in Accra. The visit was to show appreciation to the President and thank him for participating in First Bank of Nigeria Limited’s 125th anniversary activities held earlier this year and… Continue Reading

GTBank removes all Bank Charges for Young Undergraduates on its GTCRea8 Account Product

If you are an undergraduate, between the ages of 16-25, then you can now bank for free with Guaranty Trust Bank (GTBank). The leading, youth-focused, financial institution has announced that it will cover all charges on transfers, USSD transactions and bank alerts for holders of its GTCrea8 Account, a bespoke banking product for young undergraduates between the ages of 16-25. GTCRea8 has been a core part of the GTBank’s value… Continue Reading

Kennedy Uzoka is 2019 BusinessDay’s Bank CEO

Mr. Kennedy Uzoka, the Group Managing Director/Chief Executive Officer of Pan African financial institution, United Bank for Africa (UBA) Plc has won the much coveted  ‘BusinessDay’s Bank CEO’ of the year 2019 award.  Uzoka emerged tops based on his sterling achievements since he assumed the position of Group CEO at UBA three years ago. Kennedy Uzoka has been successful in pulling increased financial performances and appreciation of shareholders’ investment.  A… Continue Reading

FIRSTBANK CELEBRATES TOP PERFORMING FIRSTMONIE AGENTS NATIONWIDE

In recognition of the contribution of its Firstmonie Agents towards the Bank’s resolve at promoting access to financial services to all Nigerians, First Bank of Nigeria Limited has announced that its Agent Banking National award ceremony would hold on Friday, 25 October 2019 at the Oriental Hotel, Lagos. The event is themed “Planting Community Heroes Nationwide”.  Since its inception in 2017, the FirstBank Agent Banking scheme, popularly called Firstmonie, has… Continue Reading

Bank CEOs Applaud NCC’s Decision to Suspend USSD Charges by Telecommunica#on Companies for accessing Bank Services

Bank CEOs Applaud NCC’s Decision to Suspend USSD Charges by Telecommunication Companies for accessing Bank Services.  The Body of Bank CEOs applauds the recent notice from the National Communications  Commission (NCC) announcing the immediate suspension of end-user billing for Unstructured Supplementary Service Data (USSD) services. We would like to thank the Federal Government of Nigeria for championing this action. When presented with two options by the telecommunications companies corporate billing versus… Continue Reading

ZENITH BANK REAFFIRMS MARKET DOMINANCE AND LEADERSHIP WITH Q3 2019 RESULTS

  Zenith Bank Plc has announced its unaudited results for the period ended 30 September, 2019, with numbers that clearly demonstrates its market dominance and leadership. From the unaudited account which was presented to the Nigerian Stock Exchange (NSE), gross earnings increased by 4% percent from N474,607 billion recorded in Q3 2018 to N491,268 billion in Q3 2019. Profit Before Tax (PBT) grew by 5% from N167,307 billion in Q3… Continue Reading

Q3 2019: UBA Grows Net Profit By 32.3%, as Gross Earnings hit N428.22 billion

United Bank for Africa Plc, the pan African financial institution with a network that spans 20 African countries, the United Kingdom, the USA and with presence in Paris, has announced impressive performance in its unaudited 2019 Third Quarter Financial Results, with significant growth in Gross Earnings, which rose to N428.22 billion, representing a 14.2 percent increase when compared to N374.8billion recorded in September 2018.  UBA’s Profit Before Tax grew by… Continue Reading

Heritage Bank boosts economic growth, empowers young entrepreneurs

As part of drive to contribute to the growth of economic drive, Heritage Bank Plc has continued to support The Next Titan Season-six; in ensuring that the entrepreneurial targets of the Nigerian youths are attained. The Next Titan entrepreneurial reality TV show sponsored annually by the Heritage Bank Plc has unveiled the top 16 contenders for the season-6 of the competition. The 16 lucky candidates were selected from among 50… Continue Reading

FIRSTBANK GEORGIAN CUP HITS THE CENTENARY MARK, A POSSIBLE WORLD RECORD IN SPORTS SPONSORSHIP 

 In furtherance of its commitment to the growth and development of sports, nation building and the economy at large, First Bank of Nigeria Limited has announced its sponsorship of the Georgian Cup of the Kaduna Polo Tournament for the 100th consecutive year, possibly the longest running sports sponsorship in the world and a Guinness Book of Records potential. The 2019 edition of the epoch making sports championship runs from October 12 –… Continue Reading

Zenith Bank Introduces Z-Money

Nigeria’s leading financial institution, Zenith Bank Plc, has introduced Z-Money, which brings banking services closer to its customers and enhance financial inclusion among the under-banked and unbanked populace of the country. Z-Money is an agency banking product of the bank which entails the onboarding of agents who are expected to render basic financial services on behalf of the bank. Through the bank’s network of agents spread across the urban and… Continue Reading

Pan African Financial services institution, United Bank for Africa is joining the rest of the world to celebrate the 2019 Customer Service Week, themed, “Magic Happens Here”, with recognitions for staff who have excelled in excellent service delivery. The event which is commemorated all over the world, recognises the importance of customer service and seeks to show appreciation to the staff who serve and support customers with the highest degree… Continue Reading

FIRSTBANK PARTNERS WITH JUNIOR ACHIEVEMENT NIGERIA (JAN) TO HOST NATIONAL STUDENT ENTREPRENEURSHIP COMPETITION

Junior Achievement Nigeria’s (JAN) annual flagship event, National Company of the Year Competition (NCOY) will be taking place Thursday, 3rd October 2019. With the theme “Activating Disruptors”, this annual event brings the JA Company Program winners of our Regional Competitions together to compete for the National Company of the Year Award sponsored by First Bank of Nigeria Limited.  The winners will represent Nigeria against fellow JA Africa companies for the… Continue Reading

Heritage Bank MD says credible ID magt. will foster access to credit

MD/CEO, Heritage Bank, Mr Ifie Sekibo , has stressed the need for the federal government to work towards creating a credible and strong identity management towards expanding access to credit in the country. Sekibo noting that while the Bank Verification Number (BVN) has been able to create a form of identification in the country, it has not been able to address some of the issues around identity management in the… Continue Reading

AGENTS TO BOOST FINANCIAL INCLUSION

With a view to enhance financial inclusion across the country, First Bank of Nigeria Limited has announced its drive to get up to 500,000 operators on board its agent banking platform. This was disclosed at the opening ceremony of the 12th Annual Conference of the Chartered Institute of Bankers of Nigeria (CIBN) by FirstBank’s Chief Executive Officer, Dr. Adesola Adeduntan, who also served as the Chairman of the CIBN 2019… Continue Reading

UBA, LCCI to Create Value For SMEs At 2019 Lagos Int’l Trade Fair

United Bank for Africa (UBA) Plc and the Lagos Chamber of Commerce and Industry(LCCI), have assured small medium enterprises (SMEs) that the 2019 Lagos International Trade Fair will bring far reaching benefits that will help transform their businesses and take it to the next level. UBA’s Head Group Consumer Retail Business, Mr. Jude Anele, who gave this assurance on Tuesday at a press conference to officially herald the 2019 Lagos international Trade Fair as well… Continue Reading

GTBank Fashion Weekend 2019: Get Ready For Africa’s Biggest Fashion Experience

This November, industry leaders, style connoisseurs and fashion enthusiasts from across the globe will converge in Lagos, Nigeria for the 4th edition of the GTBank Fashion Weekend. Holding Saturday the 9th and Sunday the 10th of November 2019 at the GTCentre, Plot 1, Water Corporation Drive, Oniru, the 2-day event will put a spotlight on Africa’s emerging fashion industry whilst showcasing the talent and creativity of indigenous small businesses in the… Continue Reading

The Next Titan Season-6: Heritage Bank continues to boosts entrepreneurship among youths

Heritage Bank Plc, Nigeria’s most innovative banking service provider has again thrown its usual support behind the organizer of The Next Titan, so as to have a better and improved season six of the programme. This year’s edition of the reality TV show is again headlined by Heritage Bank and is targeted at giving young entrepreneurs an opportunity to display their ingenuity and talents. The programme, which also, focuses on… Continue Reading

ZENITH BANK’S ASPIRE MUSIC FESTIVAL DEBUTS IN LAGOS, FEATURES NIGERIA’S TOP ARTISTES

Nigeria’s leading financial institution, Zenith Bank Plc, is set to light up the social and entertainment scene this month with the announcement of the Bank’s “Aspire Music Festival”. Dubbed as the most anticipated entertainment event of the year, the music festival holds on Saturday, September 21, 2019 by 8.00pm at the Harbour Point Event Centre, Victoria Island, Lagos. The breathtaking festival promises to be a night to remember, as it… Continue Reading

GLOBAL TRANSACTIONS GET EASIER WITH FIRSTBANK’S CARD OFFERINGS

As in many developing countries, cash has been the most prevalent mode of payment in Nigeria until 2012 when the Central Bank of Nigeria (CBN) introduced the cashless policy with the aim of promoting the use of electronic payment channels instead of cash. Since then, banking services in Nigeria have shifted from physical and tangible distribution to technology-enabled, such as internet, automated teller machine (ATM), mobile phones, point of sale… Continue Reading

Access Bank’s First Post-Merger H1 PBT Hits N74.1bn, Declares 25k Interim Dividend

Access Bank Group’s audited H1 results released to the Nigerian Stock Exchange (NSE) on Thursday showed Gross Earnings of N324.4 billion, up 28% from N253.0 billion in the corresponding period of 2018. The growth in gross earnings was driven by 46% increase in interest income on the back of continued growth in the Bank’s core business and 22% non-interest income underlined by strong recoveries. The Bank delivered a Profit before… Continue Reading

FirstBank’s Adesola Adeduntan Bags ‘Best Chief Executive Officer’ Award

The Chief Executive Officer, First Bank of Nigeria Limited (FirstBank), Dr. Adesola Adeduntan has been adjudged the ‘Best Chief Executive Officer’ of the year at the Digital Innovation and Excellence awards, held recently in Accra, Ghana.  The awards, which climaxed the Digital Banking Summit was aimed at rewarding individuals and groups whose contribution and efforts have spurred growth in the banking industry across Africa.  Dr. Adeduntan who has been at… Continue Reading

Wema Bank Partners BOI to Support Women Entrepreneurs in Lagos

Wema Bank Plc, the pioneer of Nigerias first fully digital bank ALAT, has empowered over 100 women in the Micro, Small and Medium Enterprises (MSME) sub-sector. The business advisory seminar, tagged Running A Profitable Business brought women entrepreneurs together from the bank’s Lagos Region. Speaking at the event, Mrs Aramide Awosanya, Regional Manager, Lagos Mainland, Wema Bank, said the initiative was taken to complement the policy of the Central Bank… Continue Reading

UBA Delivers 21% Growth in Profit, 21.7% Return on Average Equity; Declares N0.20 Interim Dividend:

Africa’s leading financial institution, United Bank for Africa Plc has announced its audited half year financial results for the period ended June 2019, showing impressive growth across key performance indices as well as a significant contribution from its African subsidiaries. In spite of the increasingly unpredictable environment witnessed in some of its countries of operations, the pan African financial institution delivered double digit growth in its profit before tax as… Continue Reading

ZENITH BANK OFFERS ZECA EDUCATION LOAN FOR CHILDREN

Nigeria’s leading financial institution, Zenith Bank Plc, has introduced the Zenith Children’s Account (ZECA) Education Loan to assist parents pay their children/ wards school fees as the new school session begins. The loan offering, which is disbursed directly to the account of the beneficiary’s school, comes at a very competitive interest rate and flexible repayment tenors. To access the loan, parents are required to open a ZECA account for their… Continue Reading

FIRSTBANK AGRIC EXPO SET TO PROMOTE NEW AGRIBUSINESS OPPORTUNITIES

 Nigeria’s premier and leading financial services provider, First Bank of Nigeria Limited, has announced that its 2019 FirstBank Agric Expo would hold on Friday, 30 August 2019 at the Eko Hotel and Suites, Lagos. The 2019 edition – the third in the series –  is themed “Agricultural Value Chain – Spotlighting Opportunities and Managing Risks” would have Professor Benedict Oramah, President of AFREXIM Bank as the Keynote Speaker.  The annual FirstBank Agric Expo, launched… Continue Reading

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