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Wednesday, July 8, 2020

FBN Holdings Consolidates Leadership through Divestment

FBN Holdings’ transfer of its majority equity in FBN Insurance to the Sanlam Group is a boon to its operations while cementing leadership of the banking sector, writes Goddy Egene Divestment is the deliberate business process of letting go of an asset or investment by...

Stanbic IBTC Appoints Dr. Demola Sogunle as New CEO, As Sani becomes RCE, West Africa

Stanbic IBTC Holdings Plc has announced changes on its Board as well as the Board of its banking subsidiary – Stanbic IBTC Bank Plc. According to the financial institution, this followed the appointment of Mr. Yinka Sanni as Regional Chief Executive (West Africa) for Standard...

FirstBank eyes one million students e-learning boost in Nigeria, present digital gadgets to Lagos state govt

First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider on Thursday, 11 June 2020, presented 20,000 units of e-learning devices to the Lagos State government at the State House in Marina, Lagos. The devices are planned for distribution to school children. With the gesture,...

Unity Bank Posts N44.5bn Gross Earnings for FY 2019

Unity Bank Plc has announced gross earnings of N44.59 billion for its 2019 financial year, up from the N34.65 billion it recorded in 2018. The audited 2019 full year results made available on the floor of the Nigerian Stock Exchange (NSE), showed that the bank...

Shareholders laugh big as GSK Nigeria declares N657.7m dividends

The Board of Directors of GlaxoSmithKline Consumer Nigeria Plc has recommended distribution of N657.7 million to shareholders as cash dividends for the 2019 business year. Shareholders will receive a dividend per share of 55 kobo. Key extracts of the audited report and accounts of GSK...

Zenith Bank emerges best bank in Global Finance Awards 2020

Zenith Bank Plc, has emerged as the best bank in Nigeria in the recently released Global Finance Magazine World’s Best Banks Awards 2020. The award, which was published in the May 2020 edition of the Global Finance Magazine, was based on the performances of the...

FirstBank eyes new customers with virtual bank account opening

FirstBank of Nigeria Limited has announced that it has reinforced its technology infrastructure to enable anyone in the country open a FirstBank account through their mobile phones, without visiting any of its branches nationwide. In a statement announcing this development, the bank said the investment...

COVID-19: Fidelity bank, foundation partner to empower less privilege

Fidelity bank Plc has donated the sum of ten million naira (N10,000,000) to Eunice Spring of Life Foundation (ESLF) to enable it continue with humanitarian services to the people of Benue State especially in the period of the COVID-19 pandemic. Eunice Spring of Life Foundation...

Access Bank urges customers to be wary of scams

Nigeria’s retail bank, Access Bank Plc, is urging its customers to be on the lookout for fraudsters who are using new scam methods to rip people off by preying on the distress that comes with the nation-wide lockdown. Fraudsters contact their potential victim either via...

LEISURE GTbank offers best online Children Day experience

LAGOS, Nigeria -Nigeria’s foremost bank, Gtbank is today celebrating with the children by hosting the biggest online children day experience, loaded with activities to make the day memorable for children. Kick off time is 12 pm and for two hours, children will have...
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