The attention of the Bank has been drawn to recent reports in the media on money laundering and bribery allegations on certain customer’s transaction. The publication went ahead to mention the names of certain Wema Bank management staff to be allegedly involved in the said transaction. The Bank wishes to state categorically that there is no merit in the article, ... Read More »
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Tony Elumelu Presents Transcorp Group’s Strong 2021 Performance and ESG Blueprint to Shareholders
Tony Elumelu Presents Transcorp Group’s Strong 2021 Performance and ESG Blueprint to Shareholders. Shareholders of Nigeria’s leading listed diversified conglomerate, Transnational Corporation Plc (“Transcorp”), met today for the Group’s 16th Annual General Meeting, held at the Group’s hospitality flagship, Transcorp Hilton Abuja. The Group saw significant growth across all metrics. Group Gross Earnings increased to N111.2 billon in 2021, from ... Read More »
Stanbic IBTC Ranks Top 3 in LinkedIn’s Best Places to Work
Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has been listed as one of the best places to work in Nigeria by the professional networking social media platform, LinkedIn. LinkedIn, a social platform that is primarily used for professional networking and career development, conducted research and considered data across several pillars and various industries for the year 2021. ... Read More »
Union Bank Emerges Winner at the Middle East & Africa Innovation Awards
Leading financial institution, Union Bank of Nigeria has received the highly acclaimed award for the Best Trade Finance Platform Initiative, at the recently concluded Middle East & Africa Banking Innovation Awards 2022. The Middle East & Africa Banking Innovation Awards, organised by The Digital Banker, is a prestigious award program designed to recognise the world’s best-in-class commercial banks – across ... Read More »
CBA Foundation says man’s inhumanity to man is at its worst in the way in-laws treat widows
After Mrs kumbaya (name changed to protect her identity) lost her husband at work in 2005, she was accused of killing him. The accusation did not come from her husband’s brothers but his sister, who had earlier lost her own husband. It took the combined hard work of the brothers to get their sister off the back of her fellow ... Read More »
Video of Alleged singing : Customer performing with a Band Outside Fidelity Bank
Our attention has been drawn to a video circulating online about a man singing at one of our branches. Contrary to media reports claiming that the man was wrongfully debited by the bank, the video is actually a picketing exercise organized by the Amalgamated Union of Public Corporations, Civil Service Technical and Recreational Employees over a dispute they have with ... Read More »
Unacceptable Easter advert: Sterling Bank comparing the resurrection of Christ with the rising of Agege Bread – APCON
The Advertising Practitioners Council of Nigeria on Monday described as offensive and provocative, an Easter advert by Sterling Bank Plc comparing the resurrection of Christ with the rising of Agege Bread. APCON also said the advert copy was not submitted for approval before it was made public. In a statement on Monday signed by its Registrar and Chief Executive, Olalekan ... Read More »
Easter Celebrations: Ecobank Reassures Customers of 24-hour Digital Banking Services
Ahead of the Easter holidays, Ecobank Nigeria has reassured that customers will be able to shop seamlessly and carry out all their transactions via the Ecobank Digital platforms, which include the Ecobank Mobile app, USSD *326#, Ecobank Online, Ecobank OmniPlus, Ecobank Omnilite, EcobankPay, Ecobank RapidTransfer, ATMs, and PoS terminals. Also available to customers is an extensive distribution network of over ... Read More »
Stanbic IBTC Bank Nigeria PMI®
…Private sector activity growth slows in March, but remains solid. Business conditions in Nigeria’s private sector continued to improve solidly at the end of the quarter, but the rate of growth slowed from February. Softer uplifts in output, new orders, stocks of purchases and employment were drivers of the latest moderation. Nonetheless, growth remained elevated by historical standards and firms ... Read More »
Beyond Banking, Union Bank Launches Future-Forward Innovative Co-Creation Hub, SpaceNXT
Beyond Banking, Union Bank Launches Future-Forward Innovative Co-Creation Hub, SpaceNXT …reiterates commitment to innovation and technological advancement in Nigeria Lagos, Nigeria – Leading financial institution, Union Bank has launched a technological and innovation hub known as SpaceNXT. Built to promote innovation and encourage collaboration within the tech ecosystem in Nigeria, SpaceNXT is a future-forward purpose designed co-working hub for innovators, ... Read More »