Friday , 27 May 2022

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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 »

UBA Upgrades Chatbot features, as Leo launches service on Google Business Chat, Instagram

Africa’s Global Bank, United Bank for Africa (UBA) Plc has announced the expansion of the services of Leo, its Artificial Intelligence chatbot to Google Business Chat and Instagram. Leo – UBA’s AI-powered chatbot, which enables customers to make use of their social media accounts to carry out key banking transactions – was first introduced in January, 2018. It has since ... Read More »

Transcorp Hotels Plc pushes on with outstanding Q1 performance as PBT rises by 624.4% and revenue grows by 77.4%

…Hospitality giant reports revenue of N7bn and gross profit of N5.1bn Transcorp Hotels Plc, Nigeria’s top hospitality company and a subsidiary of Transnational Corporation Plc. (Transcorp Group) has ended Q1 2022 with an impressive result, reporting a 77.4% growth in revenue to N7.04 billion from N3.97 billion in the same period in 2021. The hospitality company which owns the iconic ... Read More »

Richway Microfinance Bank Unveils Loans For Civil Servants

As part of its support for cushioning the financial needs civil servants in Nigeria, Richway Microfinance Bank, a leading financial services provider in Nigeria, has launched its digital loan for Civil Servants named: Richway Quick Credit, an online` loan product designed to address the urgent financial needs of civil servants whose salaries are being paid through Remita. The new product ... Read More »

ZENITH BANK RECORDS IMPECCABLE 22% TOPLINE GROWTH IN Q1 2022

Zenith Bank Plc has announced its unaudited results for the first quarter ended 31st March 2022, with an impeccable growth of 22% in Gross Earnings from N157.3 billion reported in Q1 2021 to N191.5 billion in Q1 2022.  From the unaudited statement of account presented to the Nigerian Exchange (NGX) on Thursday, 28th April 2022, the strong double-digit growth in the ... Read More »

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