BUSINESS

Zenith Bank Posts N193bn Profit, Proposes N2.50 Final Dividend

Zenith Bank Plc has reported a growth of 16. 2 per cent in its Profit Before Tax (PBT) as well as 11.3 per cent growth in Profit Before Tax (PBT) for the year ended December 31, 2018. According to the audited results made available yesterday, the lender recorded a decline …

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Believe In Yourselves, Awosika Tells Young Entrepreneurs

The Chairman, First Bank of Nigeria, Ibukun Awosika, has advised young entrepreneurs to believe in themselves, noting that success comes to those who are willing to take risks. Delivering the keynote speech at the maiden edition of The Event Xperience Africa (TEXA) held recently, Awosika engaged young entrepreneurs on building …

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Microsoft 4Afrika Partners FirstBank to Boost SMEs

Microsoft 4Afrika together with First Bank of Nigeria Limited have concluded arrangements to host a free-to-attend event for Small and Medium Enterprises (SMEs) in Nigeria. The event is designed to promote technology adoption and skills development among SMEs. The event would serve as an official launch of the new partnership …

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Fidelity Bank Assures Digital Innovations As 13 GAIM Winners Get N16m

Fidelity Bank Plc said it has raised stake in its digital innovations, a move aimed at entrenching convenience, affordability, reliability and lifestyle in customer service, as well as supporting the goals of financial inclusion.          Listing some of its trending forays into the technology world, at the for the third …

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Ecobank Storms Markets With “Easy Payment” Products

Ecobank staff stormed markets across the country with EcobankPay and Xpress Point with a view to bringing easy and convenient banking services to Nigerians, especially businesses, and more possibilities for growth.        EcobankPay and Xpress Point were stars of the storm, which form a critical part of our digital offering, …

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Ecobank Nigeria To Establish 50,000 Xpress Points In 2019 – MD

Ecobank Nigeria, has disclosed plans to bring banking operations closer to Nigerian neighborhoods by expanding its agent banking locations to 50,000 before the end of 2019.        Mr. Patrick Akinwuntan, the Managing Director of the bank, who disclosed this during a media chat with journalists in Lagos, explained that the …

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Dangote Refinery Receives RFCC’s Regenerator, Begins Equipment Installation

The Dangote Oil Refining Company (DORC) Limited recently took delivery of one of the major component of its refinery equipment; the regenerator for the Residual Fluid Catalytic cracker. Fluid Catalytic Cracking (FCC) is one of the most important conversion processes used in petroleum refineries. It is widely used to convert …

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Fidelity Bank Donates To Luzerne County Community College

The Luzerne County Community College Foundation, Inc. recently received a donation from Fidelity Bank to support the LCCC Early College Programme.        The $20,000 contribution was made under LCCC’s Pennsylvania Educational Improvement Tax Credit Programme (EITC), which provides tax credits to eligible businesses contributing to a scholarship organization, such as …

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UBA Pledges Enhanced Service Delivery, Appreciates Customers

The United Bank for Africa Plc. (UBA) has promised its customers that it will continually strive through innovative ways to enhance its service delivery. The Group Managing Director/Chief Executive Officer of the bank, Mr. Kennedy Uzoka, said this in a New Year message to customers of the bank recently. Uzoka …

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Fidelity Bank Says; MD On Medical Leave; Didn’t Jump Bail

The management of Fidelity Bank has said that its Managing Director, Nnamdi Okonkwo, did not jump the administrative bail granted him but “has been away on medical leave.” The bank in a statement posted on its website said that the leave was approved by the board of the bank. “Our …

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