Banking/Finance

ZENITH BANK RANKED NUMBER ONE TIER-1 BANK IN NIGERIA FOR THE THIRTEENTH YEAR IN A ROW IN THE 2022 TOP 1000 WORLD BANKS RANKING Zenith Bank Plc has been ranked as the Number One Bank in Nigeria by Tier-1 Capital in the 2022 Top 1000 World Banks Ranking published by ...

NON-OIL EXPORTS KEY TO NIGERIA’S ECONOMIC REJUVENATION, SAY STAKEHOLDERS AT ZENITH BANK INTERNATIONAL TRADE SEMINAR Stakeholders unanimously called for support of Nigeria’s Non-Oil Export Sector at the 7th Annual Edition of the Zenith Bank International Trade Seminar themed “Unlocking Opportunities in Nigeria’s Non-Oil Export Business”, which was held on Wednesday, ...

Wema Bank Launches Leadership School to Re-skill and Groom Leaders   Nigeria’s most innovative bank, Wema Bank Plc, has launched the Leadership Development School as an addition to its Purple Academy to help in the overall development and transformation of its workforce. Speaking at the formal opening ceremony of the ...

ZENITH BANK RETAINS POSITION AS NIGERIA’S BEST COMMERCIAL BANK, ALSO SCOOPS BEST CORPORATE GOVERNANCE BANK AWARD AT WORLD FINANCE 2022 AWARDS     Zenith Bank Plc has emerged as the Best Commercial Bank, Nigeria in the World Finance Banking Awards 2022, retaining the award for a second consecutive year. The ...

FIRSTBANK LAUNCHES SINGLE-DIGIT LOAN FOR WOMEN-OWNED BUSINESSES, REINFORCES ITS ROLE IN STRENGTHENING GENDER INCLUSION IN NIGERIA The FirstGem fund (FirstGem loan) is a single-digit loan scheme, exclusively designed to put women at an advantage in contributing to the socio-economic development of the country. The loan scheme covers female-owned or partnered ...

Fitch Upgrades Fidelity Bank’s issuer default rating from ‘B-’ to ‘B’ Fitch Ratings has upgraded Fidelity Bank Plc’s long-term issuer default rating (IDR) from ‘B-’ to ‘B’, reflecting the bank’s increased creditworthiness. The rating agency also upgraded Fidelity’s National Long-Term Rating to ‘A(nga)’ from ‘BBB+(nga)’. According to the global rating ...

Fidelity Partners ImpactHER to Empower 1,052 Female Entrepreneurs with Sales Skills Fidelity Bank, a leading financial institution in Nigeria, has collaborated with ImpactHER to support 1,052 female entrepreneurs across the 36 states of Nigeria in addressing the challenges they face in their small and medium-sized businesses.  Through diverse training on digital ...

Sterling Bank, NHEA recognize Nigeria’s Healthcare Champions  Sterling Bank Plc, Nigeria’s leading commercial bank, has given special recognition awards to healthcare providers who played leading roles in the fight against the COVID-19 pandemic. The awards were given to selected recipients at the 8th annual Nigeria Healthcare Excellence Awards (NHEA), which ...

Fitch Reaffirms Ecobank Nigeria’s Stable Outlook Fitch Ratings has affirmed Ecobank Nigeria Limited’s (ENG) Long-Term Issuer Default Rating (IDR) at ‘B-‘ with a Stable Outlook. Fitch also affirmed the Bank’s Viability Rating (VR) at ‘b-‘ and National Long-Term Rating at ‘BBB (nga)’. The rating agency released this rating last week, ...

Polaris Bank in N19 Million Criminal Deduction Mess A Magistrate Court sitting in Surulere area of Lagos has ordered Polaris Bank to refund the illegal deductions made on domiciliary and Naira accounts of three businesswomen with the bank to the tune of $30,769 (USD) N18,676,783. The businesswomen – Mrs. Adebomi ...