BUSINESS

The Nigerian Stock Exchange has fined seven financial institutions for not filing their financial results before the regulatory due date. The affected banks are: First Bank, Wema Bank, Sterling Bank, Sovereign Trust Insurance, First City Monument Bank, Abbey Mortgage Bank, etc. According to the listing rules provided by the stock …

Fidelity Bank, a subsidiary of Fidelity Southern Corporation (NASDAQ: LION), is celebrating the opening of its Covington branch with an Open House and Ribbon Cutting on May 17, 2018. The Open House will take place at 3:30 p.m. at the Covington branch, located at 9130 Highway 278 in Covington. This …

Zenith Bank Plc. has announced the appointment of Dr. Mukhtar Adam as its Chief Financial Officer (CFO). His appointment has been approved by the Central Bank of Nigeria (CBN). Dr. Mukhtar Adam holds a PhD in Finance from the Leeds Beckett University (UK); M.Sc. (Finance – Financial Sector Management) from University of …

Pictured L-R; CEO, Airtel Nigeria, Mr Segun Ogunsanya; Chairman, Forte Oil Plc, Mr Femi Otedola; GMD/CEO, UBA Plc, Mr Kennedy Uzoka; President, Dangote Industries, Alhaji Aliko Dangote; Group Chairman, UBA Plc, Mr. Tony Elumelu; Deputy Managing Director, Total E&P Nigeria, Alhaji Ahmadu-Kida Musa; and Group Deputy Managing Director, UBA Plc, …

Pictured above are; Deputy Managing Director, Fidelity Bank PLC, Mohammed Balarabe (2nd R) presenting the star prize of N10 Million in the Fidelity Bank’s “Get Alert in Millions Promo Reloaded” to the prize winner, Bartholomew Nnalue, at the final prize presentation in Abuja on Wednesday (9/5/18). With them are Regional …

It has been revealed that some Nigerian banks failed to submit their audited reports for the 2017 financial year, missing the deadline given by the Nigerian Stock Exchange (NSE). The banks, listed on the NSE, in their various disclosures gave different reasons for the delays in the submission. The NSE …

Fidelity Bank has alerted the public of an attempt to bring its image to disrepute. The commercial bank said this in a statement issued recently. It disclosed that it had filed a complaint at the appropriate quarters. “Our attention has been drawn to spurious allegations against the bank and its officials, making …

Zenith International Bank recently presented free eye glasses to 183 public primary school pupils in Lagos as part of its Corporate Social Responsibility (CSR) projects. The presentation of the eye glasses to the pupils took place at the Yaba LCDA Secretariat. The initiative was conducted by VisionSpring and Catholic Optical …

United Bank for Africa (UBA) and China Development Bank (CDB), the world’s largest development finance institution, has announced the signing of a $100 million seven-year loan agreement to finance the development of Small And Medium Enterprises (SMEs) in Africa. The $100 million loan will enhance UBA’s capacity to provide access …

Zenith Bank has been named ‘Best Company in Sustainability Reporting In Africa” at the 2017 Sustainability Enterprise Responsibility Awards, a CSR Awards, held at the weekend. Zenith Bank has blazed a trail with its 2016 Sustainability Report, titled: “Creating Wealth Sustainably,” being the first Sustainability report in Nigeria and indeed …