Lagos, Nigeria, February 01, 2023 —To boost access to finance for smaller businesses in Nigeria and to support increased trade, IFC today announced a partnership with Union Bank of Nigeria Plc to help the bank expand lending to hundreds of businesses operating in critical sectors in the country, including...
Fidelity Bank Plc has announced an impressive growth in Profit Before Tax to N52 bn for the Full Year 2022. This was made known in the Bank’s unaudited statement of account presented to the Nigerian Exchange (NGX) on Wednesday, 31 January 2023.
According to the regulatory filing, the...
Ten months after Flour Mills of Nigeria (FMN) acquired a majority stake in Honeywell Flour, the former is on the verge of losing some assets owned by the latter to Ecobank.
Ripples Nigeria had reported that Flour Mills acquired a 76.75 percent stake in Honeywell through its sister companies, Ecowise...
Lagos, Nigeria - Following a six-month successful run, the second edition of Union Bank’s Save & Win Palli Promo is finally coming to an exciting conclusion.
The grand finale event, which is set to hold on January 27th, 2023, at the bank’s Head Office in Marina, Lagos, will reward...
Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC has been named the leading bank in the retail and corporate banking in Nigeria according to the KPMG 2022 Nigeria Banking Industry Customer Experience (CX) Survey.
Stanbic IBTC Bank occupies the first position with a 73.8 CX score out...
Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, has rewarded 77 customers with cash prizes in the ongoing Reward4Saving Promo 2.0 during the quarterly draws which held recently.
Ten winners walked away with N100,000 each, and seven winners claimed N1 million each, from the seven regions where winners were...
Nigeria- Fidelity Bank customers can now enjoy increased convenience with their Automated Teller Machine (ATM) transactions as the bank recently announced the introduction of its cardless withdrawal service.
The feature allows Fidelity Bank accountholders to make withdrawals at any Fidelity Bank ATM nationwide with the aid of their registered phone...
Sub-Saharan Africa’s largest lender, Access Bank PLC, has cited the failure to fulfil some requisite conditions as the reason for calling off the proposed acquisition of Sidian Bank. The discontinuation ends Access Bank PLC’s binding agreement with Centum to acquire the entire 83.4 percent shareholding held by the investment...
Managing Director/Chief Executive Officer of FirstBank, Dr. Adesola Adeduntan, has advised financial institutions in the country to be vigilant and improve the monitoring of their customers’ loans in order to prevent the build-up of non-performing loans (NPLs) in the industry as a result of the macroeconomic challenges.
Speaking...
The Managing Director/Chief Executive Officer of First Bank Nigeria Limited, Dr. Adesola Adeduntan, in this interview with THISDAY reviewed the performance of the global economy in 2022 and advised businesses and their bankers to approach 2023 with a partnership mindset to ensure that a win-win outcome is achieved despite...
