First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced that it has reinforced its technology infrastructure to enable anyone in the country open a FirstBank account through their mobile phones, without visiting any of its branches nationwide. The investment in the Bank’s mobile banking infrastructure is… Continue Reading
Zenith Bank Plc, Nigeria’s leading financial institution, has emerged as the Best Bank in Nigeria in the recently released Global Finance Magazine World’s Best Banks Awards 2020. The awards, which was published in the May 2020 edition of the Global Finance Magazine, was based on the performances of the banks in their respective regions and countries over the period from January 1 to December 31, 2019. Global Finance’s “World’s Best… Continue Reading
Guaranty Trust Bank plc has been ranked Africa’s Most Admired Finance Brand in the 10th-anniversary rankings of Brand Africa 100: Africa’s Best Brands, the pre-eminent survey and ranking of the Top 100 admired brands in Africa. The rankings were announced in a novel global virtual event and will be published in the June issue of the African Business magazine. In a special report examining the results of the 2020 survey,… Continue Reading
Nigeria’s leading financial inclusion services provider, First Bank of Nigeria Limited has announced that its *894# Unstructured Supplementary Service Data (USSD), Quick Banking service has hit over 9.5 million customers. This is in clear demonstration of its acknowledged leadership in electronic Banking. The Bank’s USSD banking service, launched in January 2015, is an easy to use, convenient, fast, user-friendly mobile banking channel through which various banking activities are carried out on a mobile phone – across the four major GSM network operators in the… Continue Reading
….100 customers rewarded with N100,000 Each Pan African Financial institution, United Bank for Africa (UBA) Plc has again given its loyal customers reason to cheer as it rewarded 100 loyal customers with N100,000 each in the UBA Bumper account draw. The draw, which took place at the UBA Head office on Tuesday, was held via… Continue Reading
We hope that you and your loved ones are taking all the necessary precautions to stay safe and well during this Coronavirus (COVID-19) pandemic. We would also like to thank you very much for your understanding and patience during the period of skeletal banking operations. For us, the COVID-19 Pandemic is first and foremost a humanitarian challenge, so our primary focus is to safeguard lives. As we go into the… Continue Reading
FirstBank; Nigeria’s leading financial institution and Africa’s Bank of Choice has expressed its appreciation to the public – especially its customers – for their continued patronage of its services during the COVID 19 lockdown, whilst assuring the public that stringent measures have been implemented to ensure its branches and locations across the country operate in line with the health and safety guidelines issued by the Nigeria Centre for Disease Control… Continue Reading
It was commendation galore at the 31st Annual General Meeting (AGM) of Access Bank Plc held in Lagos as shareholders hailed the Board of Directors, Management and Staff of the of the Bank for the highly impressive performance for the 2019 financial year. The meeting, which was held by proxy due to the COVID-19 pandemic, had three leaders of various shareholders’ association present. Sir Sunny Nwosu of Independent Shareholders Association… Continue Reading
Nigeria’s leading retail Bank, Access Bank PLC, has implored its customers to be vigilant in these uncertain times as incidents of fraud are on the rise. Since the start of the Coronavirus pandemic in the country necessitated the lockdown of first, 3 major cities, and eventually the entire nation, the Bank has observed a worrying increase in reports of fraudsters targeting unsuspecting customers. This development has become even more worrisome,… Continue Reading
Zenith Bank Plc has announced its unaudited results for the first quarter ended 31st March 2020, with profit before tax rising by 3% to N58.7 billion. According to the unaudited account which was presented to the Nigerian Stock Exchange (NSE) on Wednesday 29th April 2020, the Group’s profit before tax improved 3% from N57.3 billion in the prior-year period to N58.8 billion in March 2020. The increased profits benefited from… Continue Reading
Amid shuttering of social activities especially commercial services, through various lockdown measures to contain the coronavirus pandemic, FirstBank has proven that as long as its customers require services, the Bank will be waiting right in front of them. As key enablers of the economy, banks are providers of essential services to customers and communities. Sequel to the pandemic outbreak, the Minister of Finance, Budget and Planning and the Governor of the Central… Continue Reading
Guaranty Trust Bank plc has released its unaudited financial results for the period ended March 31, 2020 to the Nigerian and London Stock Exchanges. A review of the results shows positive performance across all financial indices, reaffirming the Bank’s position as one of the most profitable and well managed financial institutions in Nigeria. Profit before tax stood at ₦58.2billion, representing a growth of 2.1% over ₦57.0billion recorded in the corresponding… Continue Reading
Zenith Bank Plc, Nigeria’s leading financial institution, has introduced an automated voice banking service, an interactive voice response (IVR) solution which enables customers to perform basic banking transactions by dialing a dedicated phone line through their registered phone numbers and following the prompts. By simply dialing +234 (1) 278 7000 from the phone number linked to their accounts and following the prompts, customers can pay DSTV/GOTV bills, restrict their accounts… Continue Reading
As part of efforts to consummate the Central Bank of Nigeria (CBN) initiated policy aimed at reducing the figure of the unbanked populace by 20 percent by 2020 and to ensure greater participation in… Continue Reading
Pan African financial Institution, United Bank for Africa during the weekend held a Micro Small and Medium Enterprises (MSME) capacity training in Onitsha where about 400 small and medium scale business entrepreneurs in Onitsha, Anambra State, benefitted immensely from the impactful… Continue Reading
Nigeria’s leading financial inclusion services provider, First Bank of Nigeria Limited, has announced proactive measures it has taken to control the spread of the COVID – 19 (Coronavirus) pandemic. The Bank’s Group Head, Marketing & Corporate Communications, Folake Ani-Mumuney, said “embedded in our corporate strategy is business continuity management that ensures the delivery of products,… Continue Reading
Guaranty Trust Bank Plc has announced the launch of Beta Health, a low-cost health financing product that offers instant access to health insurance for every Nigerian. The first of its kind in Nigeria, Beta Health provides coverage for basic and essential health services such as; general consultations, treatment for malaria, Ante Natal care, amongst others, for a subscription of N500 a month. As at 2018,… Continue Reading
Ecobank Transnational Incorporated, ETI, the Lomé-based parent company of the Ecobank Group, announces two new appointments and changes on its Board of Directors. Dr. Georges Agyekum Nana Donkor has been appointed as a Non-Executive Director to replace Mr. Bashir Mamman Ifo as the representative of Ecowas Bank for Investment & Development (EBID) on the Board of… Continue Reading
ĺ Shareholders of Zenith Bank Plc, on Monday, at the 29th Annual General Meeting of the Bank held at the Shehu Musa Yaradua Centre, Abuja unanimously approved the proposed final dividend of N2.50 per share, bringing the total dividend payment for the 2019 financial year to N2.80 per share with a total value of N87.9 billion. This followed the recent release of the Bank’s audited financial results for the 2019… Continue Reading
…Emerges Lead Settlement Bank, Transaction Adviser The Nigerian agricultural sector is set to witness a huge growth, as Heritage Bank Plc the lead settlement bank for Gezawa Commodity Market (GCMX) has collaborated with key stakeholders to revolutionise agricultural value-chain, aimed at providing fully integrated ecosystem for commodity Exchange. Heritage Bank was appointed as the Lead Settlement… Continue Reading
First Bank of Nigeria Limited is taking steps to ensure that women and women-led businesses are empowered. The bank has, through its FirstGem; FirstMonie and First Women Network empowered and brought several unbanked women into the financial system. This it proved during this year’s International Women’s Day (IWD) celebration, Empowering women through… Continue Reading
Herbert Wigwe discusses expansion plans, FinTech in Bloomberg interview Herbert Wigwe, the Group Managing Director of Access Bank, during a recent interview with Bloomberg, reiterated the Bank’s plan to be Africa’s gateway to the world and expand into 22 countries over the next five years. Wigwe discussed the Bank’s scope for expansion in Africa as a diversified retail bank, as well as its plan to provide cutting-edge digital payment solutions… Continue Reading
Zenith Bank Plc, Nigeria’s leading financial institution, has again emerged as the Most Valuable Banking Brand in Nigeria in the recently released Banker Magazine Top 500 Banking Brands 2020. For the third consecutive year, Zenith Bank has been ranked as the number one banking brand in Nigeria with a brand value of $287 million and market capitalisation of $1.62 billion, ranking 392 in the 2020 global ranking of banks. The… Continue Reading
Guaranty Trust Bank plc has released its audited financial results for the year ended December 31, 2019 to the Nigerian and London Stock Exchanges. A review of the results shows positive performance across all financial indices, reaffirming the Bank’s position as one of the most profitable and well managed financial institutions in Nigeria. Profit before tax stood at ₦231.7billion, representing a growth of 7.5% over ₦215.6billion recorded in the corresponding… Continue Reading
· Gross Earnings Crosses the N0.5 trillion mark · Contributions of Ex-Nigeria operations’ now at 46% · Proposes Final Dividend of N.80 Pan-African financial institution, United Bank for Africa Plc (UBA) has announced its audited results for the full-year ended December 2019, recording impressive growth across top and bottom lines. According to the 2019 financials filed at the Nigerian Stock Exchange (NSE) on Friday February 28, 2020, the Africa’s global bank’s gross… Continue Reading
First Bank of Nigeria Limited was recently presented with the Oil and Gas Banker of Year 2019 award at the Patrons’ Dinner and Industry Awards of the Nigeria International Petroleum Summit held recently at Transcorp Hilton, Abuja. The four-day event, comprising conference and award dinner, is acclaimed to be Nigeria’s Government official platform for the petroleum industry gathering which has evolved to become Africa’s premier business and technology conference for not just oil… Continue Reading
Pan African financial institution, United Bank for Africa (UBA) Plc has launched ‘Click Credit’, a time loan designed to address the urgent needs of customers whose salary accounts are domiciled with the bank. As a bank backed by a strong retail franchise with over 1,000 business offices serving 19 million customers, UBA has introduced this product in line with the bank’s mission of creating value for its customers while assisting… Continue Reading
In a clear show of its resilience and market leadership, Zenith Bank has announced an impressive result for the year ended December 31, 2019, with profit after tax (PAT) of N208.8 billion, achieving the feat as the first Nigerian Bank to cross the N200 billion mark. According to the bank’s audited financial results for the 2019 financial year released in Lagos on Friday, profit after tax rose by 8% to… Continue Reading
In recognition of the significant role SMEs play in achieving sustainable growth and development in the economy of the country, Nigeria’s premier and leading financial services provider, First Bank of Nigeria Limited would host SMEs in its 2020 second edition of the SME Business Clinic. The event themed “Building a sustainable Business” would be held on 25th and 27th February 2020 in Port-Harcourt and Abuja respectively. SMEs are encouraged to… Continue Reading
Nigeria’s leading financial institution, Zenith Bank Plc has introduced a new product, Z-Woman, which is focused on empowering female business owners. Z-Woman account holders stand a chance to enjoy loans of up to N10 million at a single-digit interest rate, free digital skills training, and free exhibition stands at Zenith Bank events and many other benefits which will help them grow their businesses and increase sales. According to the Group… Continue Reading