Business

ZENITH BANK APPOINTS DR. JULIET EHIMUAN AS NON-EXECUTIVE DIRECTOR The Board of Directors of Zenith Bank Plc has appointed Dr. Juliet Ehimuan as a Non-Executive Director of the bank effective August 29, 2023. The appointment, which was announced in a statement to the Nigerian Exchange (NGX) Limited on Tuesday, August ...

Access Pensions Surpasses N1 Trillion AUM Milestone Access Pensions Limited, a subsidiary of Access Corporation, has achieved an astonishing feat, surpassing the N1 trillion mark in assets under management (AUM).   In an impressive trajectory, the Company – which emerged from the business combination of Sigma Pensions and First Guarantee ...

Fuel Queues Hit Lagos, Ogun and others as Thieves Vandalise Pipelines Long queues for Premium Motor Spirit, popularly called petrol, are beginning to resurface at filling stations in Lagos and Ogun states, and in few other locations in South-Western states. Queues were sighted at many stations, particularly those on the ...

All you Need to know about NNPCL’s $3billion Emergency Crude Repayment Loan from Afrexim Bank    The current economic situation of things in the country especially the planned increase of the fuel price was due to the deep in value of the Naira against the dollar, just yesterday a dollar ...

Access Holdings Receives Karlsruhe Award for Outstanding Business Sustainability Achievement for the Eighth Consecutive Time   Access Holdings Plc has been honoured with the prestigious Karlsruhe Award for Outstanding Business Sustainability Achievement for the eighth consecutive time.    Presented at the Global Sustainable Finance Conference (GSFC) organised by the European ...

FOR A THIRD CONSECUTIVE YEAR, ZENITH BANK RETAINS POSITION AS NIGERIA’S BEST COMMERCIAL BANK, ALSO NAMED BEST CORPORATE GOVERNANCE BANK AT WORLD FINANCE 2023 AWARDS For a third year running, Zenith Bank Plc has been named the Best Commercial Bank in Nigeria at the World Finance Banking Awards 2023. The ...

Wema Bank showcases strong performance – Doubles Profitability. Commences Rights Issuance in Q3 WemaBank announces its unaudited results for Half Year ended 30th June 2023. The commercial bank achieved improved performance including Gross Earnings of ₦89.09bn, a y/y increase of 49% (H1 2022: ₦59.59bn). Interest Income up 53% y/y to ...

Second Pay Rise In 90 Days UBA Improves Staff Welfare in Quick Response to Rising Cost of Living Africa’s Global Bank, United Bank for Africa (UBA) Plc, has reaffirmed its commitment to prioritise the welfare of its staff and their families reflecting the current economic realities and its impact on living ...

Fostering Equality and Empowerment: Wema Bank Gives Economic Lift To Employees In the Nigerian banking industry, Wema Bank, Plc is widely acknowledged to be a leader in the realms of innovation and technology, and for constantly seeking to provide seamless financial services to its teeming customers, but is the financial ...

2023 HALF YEAR RESULT: FBNHOLDINGS POST N206BN PRE-TAX PROFIT FBN Holdings Plc, has reported a profit before tax of N206 billion for the half year ended June 30, 2023. FBNHoldings disclosed the figures in its second-quarter statement released yesterday on the Nigerian Exchange. The increase in second-quarter profits helped its ...