BUSINESS

The Securities and Exchange Commission (SEC) has warned Nigerians against fraudsters currently running an online investment scheme tagged “Loom Money Nigeria’’. Acting Director-General of the commission, Ms Mary Uduk gave the warning at a news conference on Thursday May 16, 2019, in Abuja. A statement by SEC’s Head of Media, …

By Folake Ani-Mumuney First Bank of Nigeria Limited (FirstBank) is the premier Bank in West Africa and the leading banking services solutions provider in Nigeria for 125 years. According to a release signed and made available to the media by Folake Ani-Mumuney, the Group Head, Marketing & Corporate Communications, with …

Nigeria’s premier financial services provider and Bank of first choice, First Bank of Nigeria Limited, has announced that its Firstmonie network has processed a cumulative transaction value of N1 trillion from its relaunch in January 2018. The network also achieved nationwide coverage in record time, enabling access to financial services …

First City Monument Bank (FCMB) has partnered SystemSpecs to introduce a payroll solution designed to meet the yearnings of its Small Medium Scale Enterprises (SMEs) customers seeking efficient, easy-to-use and affordable business tools to seamlessly operate their businesses. The product tagged, “FCMB Payroll”, comes with exciting features that enable SME …

Access Bank will reward more than 1,000 DiamondXtra customers in its first DiamondXtra quarterly draw scheduled for this month. Executive Director, Retail Banking, Access Bank Plc, Victor Etuokwu, said the rewards for the quarterly draw include salary for life of N100,000 monthly for 20 years, education allowance of N100,000 monthly …

BAP Productions in collaboration with TerraKulture and Ecobank Nigeria Limited have entered into partnership to promote African cultural heritage through the arts. The institutions made the disclosure at the signing of a Memorandum of Understanding (MoU) during which they affirmed that the collaboration would benefit African and Nigerian arts and …

Fidelity Bank Plz has splashed N77millions on its customers who emerged winners in the Bank’s ‘Get Alert in Millions (GAIM) 3 promo. The Bank also gave out airtime worth N5.26 million to 3,803 customers as instant rewards for opening accounts. The bank’s Deputy Managing Director, Mohammed Balarabe, who spoke during …

Since its commencement in 2016, the annual GTBank Food and drink fair has become the biggest culinary festival in the country, promoting, supporting and growing local foodpreneurs and shining spotlight on chefs, recipes and all things food. This year’s edition was no different as over 300 small business operators and …

The management of United Bank for Africa Plc (UBA), has announced the appointment of Mr. Abdoul Aziz Dia as a Non-Executive Director on the Board of Bank, with effect from May 8, 2019, in accordance with the Nigerian Stock Exchange (NSE) Rulebook, and the approval of the Central Bank of …

United Bank for Africa Plc in partnership with Global Payments & Technology Company, Mastercard, is giving away all-expenses paid trips to the semi-finals and finals of the 2019 UEFA Champions League to 12 UBA Mastercard holders and their plus ones. A statement from the Bank said, reward was opened to …