Banking/Finance

Access Bank Plc has announced that it received approval from South African and Nigerian regulatory authorities to acquire South African-based Grobank Limited.  The bank’s expectation of 30% profit outside its Nigerian base, through a series of acquisitions in East and West Africa, is coming to fruition.       According to the announcement, the ...

Winners have emerged at the Heritage Bank Plc, ‘YNSPYRE’ Cream Platform Promo held in Abuja. CREAM Platform, Nigeria’s premiere creative reward platform officially kicked off its partnership with Heritage Bank’s YNSPYRE Initiative with the commencement of the CREAM Monthly draws on Friday – March 26th 2021, rewarding subscribers who dialed ...

…REINFORCES ITS LEADING ROLE IN PROMOTING WOMEN EMPOWERMENT First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced the fourth edition of its annual FirstGem Conference, tagged FirstGem 4.0. The 2021 event is themed ‘The Art of Negotiation’ and convened to provide women with insights on ...

The Central Bank of Nigeria’s Naira4Dollar scheme may have attracted about $40 million in foreign remittances in one week, according to a reliable source with knowledge of the scheme.       Sources informs that the scheme had performed a lot more than expected as remittances via commercial banks have ...

Heritage Bank Plc has joined the rest of the globe to celebrate the World Water Day 2021 with plans to assist a community in dire need of clean water by installing a bore hole. The theme for this year’s WWD 2021 is “Valuing Water,” which focuses on the importance of ...

…Thumbs up mobile banking (FirstMobile) and USSD (*894#) platforms Dr Adesola Adeduntan, Chief Executive Officer, First Bank of Nigeria Limited said technology, innovation and enhanced capabilities have become necessary to achieve significant business growth in the post-COVID-19. Adeduntan made this remark on Thursday during a Digital Disruption Series webinar organised ...

Guaranty Trust Bank plc has released its Audited Financial Results for the year ended December 31, 2020 to the Nigerian and London Stock Exchanges. A review of the result shows improved performance across all key financial metrics in the face of the unprecedented challenges brought on by the COVID-19 pandemic, ...

As part of its continuous effort to catalyse the growth and sustainability of Small and Medium-Scale businesses in Nigeria and Africa, Pan Africa Financial Institution, United Bank for Africa, (UBA) Plc will be hosting its next Business Series on Wednesday, March 17th, 2021. The UBA Business Series, which is held quarterly, ...

First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced the launch of First Global Transfer (FGT) to promote international transfer of funds across its subsidiaries in sub-Saharan Africa. The Bank’s subsidiaries in Africa include FBNBank DRC, FBNBank Ghana, FBNBank Gambia, FBNBank Guinea, FBNBank Sierra-Leone, FBNBank ...

Nigeria’s leading innovative bank, Wema Bank Plc., through its female proposition, Sara by Wema, will mark this year’s International Women’s Day (IWD) with a webinar on Friday, March 12 by 10.00 am.     The 90 minutes’ event themed ‘Challenge Today for an Equal Tomorrow’ will have key industry experts ...