By AbuSatar Hamed LAGOS: Fidelity Bank Plc has posted an impressive financial performance for the 3rd Quarter of 2019 and is on course to finishing strong in the 2019 Financial Year (FY). Details of the 9-months results for the period ended September 30, 2019, released on Tuesday, October 29, 2019, …
Read More »Bankers Must Work Together To Support Economic Growth – Ecobank Chief
BY ABUSATAR HAMED The Chief Executive Officer of Ecobank Transnational Incorporated (ETI), Ade Ayeyemi says it is important for Nigerian bankers to work together to ensure that the banking industry does its bit to support the development of the Nigeria economy. According to a release e-signed and made available to StarTrend …
Read More »Access Bank Reports Massive Rise In Profits
LAGOS: Access Bank Plc has released its unaudited financial statements for the period ended September 30, 2019, which clearly show positive figures across most financial indicators. The breakdown is shown below. The financial statements showed that Access Bank generated N210.21 billion in net interest income as at the period ended …
Read More »Osinbajo Says, FG Close Borders To Ensure Farmers Prosperous, Urges Nigerians To Endure Pains
Vice President of Nigeria, Prof. Yemi Osinbajo, has said that the closure of the borders was to ensure farmers in Nigeria are prosperous, urging Nigerians to endure the high cost of commodities occasioned by closure of the country’s borders. The vice president spoke at a town hall meeting in Bénin …
Read More »Bank CEOs Applaud NCC’s Decision To Suspend USSD Charges By Telecoms
BY ABUSATAR HAMED LAGOS: The Body of Bank CEOs has applauds the recent notice from the National Communications Commission (NCC) announcing the immediate suspension of end-user billing for Unstructured Supplementary Service Data (USSD) services. According to a release e-signrd by the Body of Bank CEOs and made available to StarTrend …
Read More »Why Nigerian Bank CEOs Against MTN’s Claim On USSD Charges
More facts have started to emerged on why Chief Executive Officers of Nigerian Banks vehemently opposed to the proposed charging customers for Unstructured Supplementary Service Data access to banking services in Nigeria. MTN had on Monday, October 21, 2019 announced a N4 charge for every 20 seconds of using USSD …
Read More »Osinbajo Advises Nigerian Financial Regulators To Protect Customers’ Deposits, Congratulates NDIC For 30years Of Exemplary Practice
By AbuSatar Hamed ABUJA: Vice President Yemi Osinbajo (SAN) has said that with the signing of the African Continental Free Trade Area agreements, Nigeria is bound to see even greater opportunities for its banks whose footprints are already firmly all over Africa. Osinbajo stated this on Monday, October 21, 2019 …
Read More »Nigeria Must Position To Get Optimum Benefit from African Free Trade Agreement – Ecobank
By AbuSatar Hamed ABUJA: Ecobank has advocated that Nigeria takes the lead and positions itself to get optimum benefits from the implementation of the African Continental Free Trade Agreement (AfCFTA). According to the Bank, Nigeria undoubtedly has the largest and most vigorous economy in Africa and therefore must position itself …
Read More »UBA Foundation Restates Importance Of Quality Education, Calls For Entries As 2019 National Essay Competition Commences
LAGOS: In a bid to discharge its corporate social responsibility, UBA Foundation, the arm of the United Bank for Africa (UBA) Plc, has restated the importance of quality education as it significantly emphasizes that education remains one of the foundation’s key initiatives. Mrs. Bola Atta, the Chief Executive Officer, UBA …
Read More »Buhari Visits, Commends EcoBank As Bank Showcases Cutting Edge Financial Products At 25th Nigerian Economic Summit
By AbuSatar Hamed ABUJA: Ecobank Nigeria displayed some of its cutting edge financial products at the 25th Nigerian Economic Summit which took place in Abuja. The products displayed by the pan-African bank include its ubiquitous payment solution, the EcobankPay; the Ecobank Omni, the Rapid Transfer and several other cutting edge …
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