Friday , 29 March 2024

brand

Squad: The next generation payment solution for African merchants

When it comes to internet penetration and adoption of mobile payments, most African countries are still very much below the global average. Even where the internet penetration is improving, the mobile payments adoption rate is still low, meaning an overall lag. For instance, in Kenya where mobile payment adoption is most on the continent, only about 23.1% of the internet ... Read More »

Excitements IN SHAREHOLDERS’ CAMP AS FIRSTBANK SHEDS NPL BURDEN

With a significant cut in its impairment charges (which translates into a clean loan book) in its 1Q, 2022 results, after it successfully brought down its non-performing loan to 6.1 per cent in 2021 full year performance, analysts say the repeat of the impressive performance of FirstBank in the first quarter did not only show the consistency in its rebound, ... Read More »

GTCO Plc’s GTBank Maintains its Dominance in Financial Services at the Brand Africa 100: Africa’s Best Brands Awards

Guaranty Trust Bank Ltd (GTBank), the banking subsidiary of Guaranty Trust Holding Company Plc (GTCO Plc or the Group), emerged winner in four major categories at the 12th annual Brand Africa 100: Africa’s Best Brands 2022 rankings of the Top 100 Most Admired Brands in Africa. The award is an initiative by Brand Africa aimed at driving Africa’s competitiveness and ... Read More »

Stanbic IBTC Holds Ladies At The Table Empowerment Series 2.0

Stanbic IBTC Pension Managers Limited, a subsidiary of Stanbic IBTC Holdings PLC, recently held the second edition of its Ladies At The Table Empowerment Series (LATTES). The virtual event, which was organised with the aim of empowering women in business and career on how to live a well-balanced life was themed: ‘Rising above Bias’. The second edition of the event ... Read More »

Alleged Financial Malpractices: WEMA BANK REITERATES COMMITMENT TO CUSTOMER DATA CONFIDENTIALITY

Our attention has been drawn to recent reports of members of the public receiving text messages with account numbers.We implore members of the public that, as a financial institution, Wema Bank takes issues around data integrity and breaches seriously, and we are currently investigating the reports.Recently, we embarked on a massive activation campaign in the month and wish to state ... Read More »

Ecobank Transnational Incorporated holds its 34th AGM and Shareholders approve resolutionsAbidjan, Côte d’Ivoire

Ecobank Transnational Incorporated (“ETI”), the parent company of the Ecobank Group, the leading pan-African bank with operations across 33 African countries, today held its 34th Annual General Meeting (AGM) in Abidjan, Côte d’ Ivoire. Alain Nkontchou, Chairman Ecobank Group said: “2021 was a transformational year for the Group and the Board is pleased to be rewarding shareholders with a dividend ... Read More »

Youssou Ndour headlines UBA Africa Conversations 2022: Panellists Celebrate Continent’s Success Stories, Seek Collaboration to Bridge Culture Gap

The United Bank for Africa (UBA) Plc, celebrated this year’s Africa Day in commemoration of African unity with the fourth edition of its annual UBA Africa Conversations which was held at the Tony Elumelu Amphitheater at the UBA House in Lagos on Tuesday, May 24th, 2022. The UBA Africa Conversations was established in May 2019 as a hallmark initiative in ... Read More »

Heirs Oil & Gas (HHOG) Reiterates Commitment to Global ESG Best Practices

Heirs Oil & Gas, Africa’s integrated energy company has reaffirmed its commitment to both national and global environmental, sustainability and governance (ESG) best practices in view of its upcoming operational 1-year anniversary. An important aspect of this commitment is the elimination of routine flaring from HHOGs OML 17 by 2025, in compliance with the Nigerian Government’s routine Flare Reduction/Elimination goal ... Read More »

MTN Nigeria closed with total market capitalization of N5.068 trillion … more valuable than all Nigerian Banks

Nigeria’s telecommunication giant, MTN Nigeria is now worth N5 trillion making it more valuable than all banks, insurance companies, and the entire financial services companies listed on the Nigerian Stock Exchange combined. This is according to market valuation data as of May 20th, 2022, tracked and compiled by Nairametrics from the Nigerian Exchange. As of Friday, MTN Nigeria closed with ... Read More »

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