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Wednesday, July 15, 2020

Zenith bank reports FY pre-tax profit 156.75 billion naira

Zenith Bank Plc: * FY ended dec. 31, 2016 pre-tax profit 156.75 billion naira versus 125.62 billion naira * FY ended dec. 31, 2016 gross earnings of 508 billion naira versus 432.54 billion naira * Proposed a final dividend of 1.77 kobo per share Source text (bit.ly/2lLuCas)

Fidelity Bank to support Nigeria’s agric value-chain

Fidelity Bank Plc., has pledged to support ongoing efforts aimed at strengthening Nigeria’s agricultural value-chain by providing innovative funding schemes and technical advisory services to Micro Small and Medium Scale Enterprises (MSMEs) and Commercial agribusiness projects. The bank’s head, agric division, Omobola Odubanjo, disclosed this...

Ecobank explains innovative e-payment channels

The Deputy Managing Director, Ecobank Nigeria, Tony Okpanachi, has said the introduction of various innovative electronic payment platforms by the bank is in line with its deliberate policy to provide seamless and innovative services to customers and banking public. According to him, the e--payment system...

GTBank Appoints Mobolaji Lawal as Executive Director

The Board of Directors of Guaranty Trust Bank plc, has announced the appointment of Mobolaji Lawal as an Executive Director of the Bank. Prior to his appointment, he was the Divisional Head, Digital Banking Division. Lawal joined the bank in 1992 as an executive trainee...

Redefining Lifestyle transit banking with FirstBank FirstLounge

Lagos, 22 February 2017 - Convenience, Ease of Banking and Comfort are the key defining features as Nigeria’s Most Valuable Bank Brand, First Bank of Nigeria Limited in partnership with First Street redefines airport experiences of its customers and other travelers with the launch...

Fitch revises Nigeria’s Bank of Industry Outlook to Negative; Affirms IDR at ‘B+’

Fitch Ratings has revised Nigeria-based Bank of Industry Limited's (BOI) Outlook to Negative from Stable, while affirming the Long-Term Issuer Default Rating (IDR) at 'B+'. This follows the recent revision of Nigeria's Outlook to Negative. A full list of rating actions is available at...

Wema Bank Takes Savings Products to LASU

Wema Bank Plc is promoting savings culture and digital banking experiences among the newly admitted students of Lagos State University (LASU). Speaking during the LASU 2017 orientation programme, held at its Ojo campus, Wema Bank Regional Manager, Apapa, Femi Olowoyeye, said the lender had been...

CBN Announces Special Wholesale Intervention 60 Days Forward

Further to our press release of February 20, 2017, the CBN announces a Special Wholesale Intervention Forward not exceeding 60 days under the following conditions. The CBN will not apply all the provisions of clause 2.4.3 (SMIS – Wholesale) of the revised guidelines for the...

Akwa Ibom State’s Saving and Loans Bank to Sack 90 Staff

At least 90 staff members of the Akwa Ibom State Government owned financial outfit, the Akwa Savings and Loans Limited have been pencilled down for sack in a renewed move to restructure and reposition the bank for global competitiveness. The Managing Director/Chief Executive Officer of...

Gtbank Suspends Use Of GT Mastercard For Online Payment

LAGOS FEBRUARY 19, 2017 – Guaranty trust bank Plc which is the only bank customers can use their naira debit mastercard for online payment until now has joined the rest of Nigerian Deposit Money Banks announcing the suspension of overseas Automated Teller Machine card...
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