BUSINESS

LAGOS, NIGERIA – July 14, 2023:  Access Bank Plc (Access) and Standard Chartered Bank have entered into agreements for the acquisition of Standard Chartered’s shareholding in its subsidiaries in Angola, Cameroon, The Gambia, and Sierra Leone, and its Consumer, Private & Business Banking business in Tanzania. Each transaction remains subject to …

LAGOS, NIGERIA – July 17, 2023 – Guaranty Trust Bank Ltd (“Guaranty Trust” or “the Bank”) has been named Best Bank in Nigeria at the Euromoney Awards for Excellence 2023. This marks a record 12th time that Guaranty Trust Bank has been recognised as the leading financial institution in Nigeria. …

ABEOKUTA – Ogun State Government has declared that efforts are in top gear to improve on the achievements of past administrations to build formidable industrial hubs across the state, in line with the dreams of its founding fathers. Secretary to the State Government, Mr. Tokunbo Talabi disclosed this in Abeokuta, …

LAGOS – FirstBank has launched an industry first Humanoid Robot at its Adetokunbo Ademola VI, Lagos Digital Experience Centre (DXC) Branch According to a release e-signed and made available to StarTrend Int’l Magazine and online – www.startrendinternational.com by Folake Ani-Mumuney, Group Head, Marketing & Corporate Communications, First Bank of Nigeria Limited, the …

BY ABUSATAR HAMED LAGOS – First Bank of Nigeria Limited, Nigeria’s Premier banking institution and leading financial inclusion services provider, has won the Financial Institution of the Year Award at the African Export-Import Bank (Afreximbank) Pan African Business and Development Awards. According to a release e-signed and made available to …

…2nd In Sustainability Brand In Africa Among Top 100 Brands For the sixth consecutive year, the Dangote brand has been adjudged as the Most Admired African Brand among top 100 brands in the continent. Dangote, as the most Admired African when respondents are prompted to recall an African brand specifically …

In December 2015, the share price of First Bank of Nigeria Limited was trading around N4.8 band. About seven years later, precisely last December, the value held tightly to N15, growing by over threefold amid general asset and economic doldrums. The steep rise in the valuation of the financial institution …

Rising from a lower profit margin of N10.2billion and a debilitating Non-Performing Loan portfolio of 45 per cent in 2015, to an impressive profit of N147billion and a significantly lowered NPL rate of 5.6 per cent in 2022, FirstBank has proven that its back-to-back profit-making is far beyond recoveries made, but …

…As Pastor (Mrs.) Taiwo Extends Gratitude To God, Staff, Clients BY ABUSATAR HAMED ABEOKUTA – The former Ogun State Commissioner for Trade, Industry and Investment, Mrs. Kikelomo Longe has described Otunba Wasiu Jaiyeola Taiwo as a harbinger of good idea that uplifts the socio-economy of Ogun State through the establishment …

…As North African Organization Expresses Interest In Agric, Allied Products ABEOKUTA – The Ogun State governor, Dapo Abiodun, on Tuesday, May 16, 2023 held an economic bilateral meeting with the biggest conglomerate owned by the Egyptian Government, National Service Project Organization, with the North African organization expressing its readiness to …