BUSINESS

REVEALED: How Saraki Allegedly Brought Intercontinental Bank To Its Knees

An ongoing trial into the finances of the defunct Intercontinental Bank Plc has revealed how Senate President’s huge debt was written off in dubious circumstances contributing the bank’s crumbling. At a Federal High Court sitting in Lagos, it was revealed how billions of Naira of loans were taken by the …

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Ecobank Takes Ecobankpay Zone To South East Market

Ecobank Nigeria has taken its digital product, EcobankPay Zone to the South East market with a launch at the popular Ariaria Market, Aba.           Managing Director of Ecobank Nigeria, Patrick Akinwuntan while launching the product at the market said it will facilitate easy, secure and convenient transactions for merchants within …

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Financial Literacy Day: Ecobank MD Mentors Students On Acquiring Right Skills; Personal Budgeting

In commemoration  of  this year’s Financial Literacy Day the Managing Director, Ecobank Nigeria, Patrick Akinwuntan took out time to mentor students and teachers at  Ahmadu Bahago Secondary School, Minna, Niger State. Akinwuntan on the occasion stated that students should be thought and encouraged to imbibe the right skill at an early …

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Fidelity Bank Grows Profits By 30.6% To N25.1BN …Proposes Dividend of 11kobo Per Share

Fidelity Bank Plc, in a clear demonstration of its resilience and stability, has announced an impressive financial result for the year-ended December 31, 2018. The performance which capped a remarkable year, showed strong growth in Gross Earnings, Profits and other key financial indicators. The top Nigerian lender which has become …

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UBA Plc FY 2018 Conference Call & Earnings Presentation – The Key Takeaways

United Bank for Africa Plc held its FY 2018 Investors and Analyst Conference Call Earnings Presentation. Proshare NG participated along with leading market analysts and professionals. The management of the bank in its review of the domestic operating environment stated that Nigerian macros is gaining strength. Nigeria’s Interest rate policy …

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Ecobank Bags CBN’s Awards For Sustainability Efforts

The Central Bank of Nigeria (CBN) has recognized and awarded Ecobank Nigeria on its laudable sustainability and Corporate Social Responsibility (CSR) initiatives. The CBN at its 2018 Annual Awards for Sustainability in Lagos, recognised Ecobank’s activities in four categories which include Sustainability Bank Of The Year; Sustainability Bank Of The …

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Ecobank storms Mushin with EcobankPay Zone

Ecobank Nigeria in its avowed commitment to deepen financial inclusion has launched an Ecobankpay zone at the Amu market, Mushin Lagos. The Managing Director, Ecobank Nigeria, Patrick Akinwuntan who launched the digital payment zone explained that the EcobankPay zones in various market clusters across the country is to facilitate easy, …

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Day Firstbank Celebrates 125 Years Of Unbroken Business Operations

The Chief Executive Officer of First Bank of Nigeria Limited, Adesola Adeduntan, says the bank is celebrating 125 years of unbroken business operations in Nigeria He said this recently at an event to mark the bank’s 125th anniversary. Adeduntan said in the last 125 year, the institution has been “supporting and …

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Zenith Bank Plc Debuts *966*911# Account Control Code

Zenith Bank Plc has become the first Nigerian Bank to successfully launch its Unstructured Supplementary Service Data (USSD) account control code, *966*911#. This unique code stops unauthorized transactions and protects the account holder’s funds in the event of mobile phone, ATM Card or hardware token loss as well as account …

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Access Bank Clears Air on Sale of Customer’s N2.5b Goods   

Contrary to the story making rounds about the contrived sale of a customer’s goods worth N2.5billion by foremost financial services provider, Access Bank Plc, the bank has come out in defense of the purported sale by vehemently denying any wrongdoing whatsoever in the alleged sale of the said customer’s goods. …

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