Banking/Finance

·      Profits up by 22% as Gross Earnings hit N105.8bn.  Despite the economic challenges occasioned by the COVID-19 pandemic, Fidelity Bank has sustained the financial performance trajectory of recent years, with another set of impressive financial results. Details of the Audited Half Year results ending June 30, 2020 for the top ...

Two farmers, Umar Abubakar and Muhammad Sani-Abdul, have revealed how staff of Sterling Bank in Bauchi State fraudulently opened unauthorised accounts using their names and Bank Verification Numbers to apply for loans. The farmers, in a petition seen by SaharaReporters, told the Consumer Protection Council that they started receiving messages ...

The General Overseer, Divine Hand of God Prophetic Ministry, Prophet Emmanuel Omale, has sued First City Monument Bank Plc for N5bn. Omale, who claims to be the spiritual guide of the suspended acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, said FCMB falsely reported to the Nigerian ...

Ecobank Nigeria, a member of the pan African banking Group has concluded plans to host its first Regional Trade Conference. The virtual forum with the theme “Facilitating Regional Trade in the emerging AFCFTA era” is slated for the 22nd of September. The conference, which will feature presentations and panel discussions by ...

Managing Director, Ecobank Nigeria, Patrick Akinwuntan has pledged the bank’s support for small businesses operating in the country, stressing that the micro, small and medium enterprises (MSMEs) sub sector remains the most affected by the COVID-19 pandemic and needs support in the revamping of the nation’s economy. Akinwuntan who was ...

Polaris Bank has launched an account called ‘Polaris Target Savings Account’ to boost healthy savings culture and build a strong financial base. The Group Head, Products and Market Development, Mrs Adebimpe Ihekuna, said this in a statement entitled ‘Polaris Bank introduces target savings account’ on Saturday. Ihekuna said, “The savings ...

Mrs. Ibukun Awosika, Chairman, First Bank of Nigeria Limited has made her debut in a movie produced by award-winning, and proudly Nigerian movie producer, Kunle Afolayan. The movie, Citation, is created to correct one of the greatest ills – rape and sexual molestation – which affects the educational system and indeed societies ...

As part of its further response to deal with the global economic challenge occasioned by COVID-19, Heritage Bank Plc has reiterated commitment to deepen its support to young entrepreneurs in Nigeria to grow their businesses either as start-ups or prospective business owners. This, the bank said, is in line with ...

Increases prize money by over 33%  UBA Foundation, the corporate social responsibility arm of the United Bank for Africa (UBA) Plc, has today commenced the 2020 edition of its annual National Essay Competition in Nigeria with a call for entries. Now in its tenth year, the National Essay Competition (NEC) ...

The Group Managing Director/Chief Executive of Zenith Bank, Mr. Ebenezer Onyeagwu has called for a concerted effort towards diversifying the country’s export base through the promotion of non-oil exports. He made the call during a Webinar themed “Prospects of Non-Oil Export During and Post COVID-19” organized by the bank on ...