The Chief Financial Officer of Zenith Bank Plc, Dr. Mukhtar Adam, has been named ‘Chief Financial Officer of the Year’ at the 11th All Africa Business Leaders Awards (AABLA) in partnership with CNBC Africa. The award ceremony took place at the King’s Ballroom, Sun City, South Africa, on June...
• The award was bestowed on FirstBank in recognition of the Bank’s role in promoting trade and investment endeavours across the continent. • With its subsidiaries across the FirstBank Group, FirstBank has continued to play a leading role in boosting cross-border businesses, including trade and investment opportunities, essential to enhancing trade relations...
In December 2015, the share price of First Bank of Nigeria Limited was trading around N4.8 band. About seven years later, precisely last December, the value held tightly to N15, growing by over threefold amid general asset and economic doldrums. The steep rise in the valuation of the financial institution...
Fitch Ratings has affirmed Fidelity Bank Plc’s credit rating at ‘B-‘ with a stable outlook, according to its recent report. The global rating agency also upgraded the bank’s National Short-Term Rating to ‘F1+(nga)’ from ‘F1(nga)’. It said the upgrade reflects the improvement in the bank’s local-currency funding profile, as...
Strong indications emerged weekend on why the Central Bank of Nigeria (CBN) governor, Godwin Emefiele was suspended by President Bola Ahmed Tinubu. In a shocking development, the Federal Government of Nigeria Friday suspended Emefiele and ordered his probe. This newspaper reliably gathered that Emefiele's suspension is tied to a $1 billion...
A Federal High Court in Lagos has granted an order directing United Bank for Africa (UBA) Plc, to take over two properties located in Benin City, Edo State, belonging to Godwin Ogiemwonyi (trading under the names of Ogiemwonyi Godwin Nigeria Enterprises & Festus Martins Nigeria Enterprises)over unpaid debts amounting...
Zenith Bank Plc has launched the third season of its hugely successful "Zenith Beta Life Promo" to reward its customers with gifts from June 1, 2023, to May 31, 2024. Within this period, twenty bank customers of Zenith Bank will be chosen through a bimonthly raffle draw, each receiving...
…takes trade expo to Houston, Texas, USA in October 2023 7 June 2023 – Lagos, Nigeria – Building on the resounding success of the maiden edition of the Fidelity International Trade and Creative Connect (FITCC) in London, UK last November, leading financial institution, Fidelity Bank Plc, has announced plans...
The Economic and Financial Crimes Commission, EFCC, on Monday arraigned two bankers, Freeman Austin Jacob and Umar Abdullahi and two others – Ahmed Bashir and Abdulhakim Musa (aka Gandu) before Justice Simon Akpah Amobeda of the Federal High Court, Kano on a three count charge of conspiracy and stealing. The...
In line with its commitment to sustainable development and enabling success for women, Union Bank of Nigeria, through its women-focused proposition αlpher, partnered with Chrystallis to host the inaugural live edition of Chrystallis Conversations – a platform focused on empowering women and promoting gender equality. The event tagged Fear-Less! Pursuing...