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

 The unbanked and underbanked, two groups at the centre of retail banking, need to be captured for the financial system to achieve its full potential. The KPMG Nigeria Banking Industry Customer Experience Survey says customers have expectations about how their needs will be met and meeting this requires banks deploying the right network and technology. First  Bank of Nigeria Limited has through its Firstmonie Agent Banking Network created over 150,000… Continue Reading

Pan-African financial institution, United Bank for Africa (UBA) Plc, has revamped its NextGen account which targets students in tertiary institutions and members of the National Youth Service Corps (NYSC), with added features and benefits. NextGen is a suit of personal accounts designed to meet the needs of young persons, grooming and growing with them from teenage years to adulthood. The bank takes up an additional role of mentorship these young ones and assists with tips towards guiding their… Continue Reading

UBA Rewards 100 Customers with N10m in New ‘UBA Bumper Account’ Promo ………N2M Up For Grabs Every Quarter ………N100,000 Monthly Shopping Allowance Pan African financial institution, United Bank for Africa (UBA) Plc on Tuesday, launched the ‘UBA Bumper Account’, a hybrid account, targeted at transforming the lives of its customers. The new account  is in line with the bank’s mission of creating superior value for its stakeholders while encouraging saving… Continue Reading

Nigeria’s leading financial institution, Zenith Bank Plc, has reaffirmed its commitment to support local Small and Medium Scale Enterprises (SMEs) with the introduction of the ‘Zenith Bank SME Digital Workshop’ to provide free digital training for business owners. The initiative, which is being organized in partnership with social media giant Facebook, will provide free training on how SMEs can use digital platforms such as Facebook, Instagram and WhatsApp to grow… Continue Reading

Pan African financial institution, United Bank for Africa (UBA) Plc, has announced the official  launch of a flagship product UBA Connect, a service that enables the  customers of the bank to conduct traditional banking transactions at any UBA branch in the 20 African countries where the bank operates. The service, which is available to both customers and non-customers alike, is expected to encourage intra-Africa trade, as cash withdrawal can now… Continue Reading

Nigeria’s premier and leading financial services provider, First Bank of Nigeria Limited, has announced that within the last year, it has supported educational institutions in the country with loans in the sum of over 10 billion naira. The Bank’s support is carried out through its FirstEdu product, an educational solution created to enhance the educational facilities in schools with a view to improving the quality of education across the country…. Continue Reading

Chairman of UBA Group, Tony O. Elumelu, has  made the donation of a multipurpose information technology centre to his alma mater, Ambrose Ali University.  Through the UBA Foundation, the corporate social responsibility arm of the United Bank for Africa Plc (UBA), Elumelu has championed the construction of a state-of-the-art multipurpose information technology building, which will benefit the  students of Ambrose Alli University in Ekpoma, Edo State. The hall, to be… Continue Reading

Thirteen lucky customers of Fidelity Bank Plc have started the new year on a strong note having emerged millionaires in the third monthly draw of the Get Alert in Millions (GAIM) promo season 4 in Lagos on Tuesday. The bank also rewarded loyal customers with cash prizes worth N16 million in the categories of N2 million and N1 million respectively. The electronic raffle draw, which was held at the bank’s… Continue Reading

First Bank of Nigeria Limited has under its Chief Executive Officer, Dr. Adesola Adeduntan positioned the brand as a clear leader in promoting financial inclusion in Nigeria. The bank has continually reached the underbanked and un-banked population to reduce poverty, bolster economic growth and development of Nigeria. These milestones have earned Adeduntan the 2019 Cranfield University Distinguished Alumnus of the Year Award. The Award is the School’s highest honour and… Continue Reading

·       Oliver Alawuba appointed CEO, UBA Africa; ·       Abdoul-Aziz Dia, Executive Director, Treasury and International Banking; ·       Chukwuma Nweke, Executive Director, Retail and Payments; ·       Chiugo Ndubisi, Executive Director & Group Chief Operating Officer.   United Bank for Africa Plc (UBA) today, announced that Oliver Alawuba has been appointed as CEO of UBA Africa, overseeing the bank’s  20 African country operations, ex-Nigeria.  He succeeds Victor Osadolor, who retires from the Group Board, after 9… Continue Reading