Sunday , 28 April 2024

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Wema Bank Plc. Reports Gross Earnings of ₦131.1 billion, up 42.3%

…declares dividend of 30kobo per share Wema Bank Plc, Nigeria’s most innovative bank, has delivered a stellar fourth quarter 2022 performance and continues its evolution into an unrivalled market leader and efficient bank. According to a press statement issued by the bank in respect of its audited financial results for the period ended December 31, 2022, the bank recorded gross ... Read More »

Onyeali-Ikpe, Olusanya make top 10 on 2023 definitive list of women CEOs

The third annual Africa.com Definitive List of Women Chief Executive Officers (CEOs) was revealed on April 19. Nneka Onyeali-Ikpe, Managing Director/CEO, Fidelity Bank Plc and Miriam Chidiebele Olusanya, Managing Director, Guaranty Trust Holding Company made the top 10 list. Both companies are listed on the Nigerian Exchange Limited (NGX). The list is unique in that it is based on data-driven ... Read More »

GTCO Plc Releases 2022 Full year Audited Result… Reports Profit Before Tax of ₦214.2billion and FY Dividend of ₦3.10

Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Audited Consolidated and Separate Financial Statements for the year ended December 31, 2022, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦214.2billion, representing 3.3% dip from ₦221.5billion posted in the corresponding year ended December 2021 on the back ... Read More »

Ecobank Partners LCCI On Promoting Export Business

….To Actively Support Stakeholders ​ Ecobank Nigeria in collaboration with Lagos Chamber of Commerce and Industry (LCCI), has provided insights into the various financing options available for exporters, regulatory frameworks, and the role of public and private sector institutions in promoting exports businesses. President, LCCI, Asiwaju Dr Oladele Cole said breaking barriers to export finance is critical to stakeholders in ... Read More »

Moruf Oseni takes over as the MD/CEO of Wema Bank Plc

…​ ​Appointments of Wole Akinleye as Deputy Managing Director, and Tunde Mabawonku as Executive Director also approved by the CBN Wema Bank Plc hereby announces Moruf Oseni as the substantive Managing Director and Chief Executive Officer effective April 1, 2023. After serving in acting capacity since January 1, 2023, Oseni will be succeeding Ademola Adebise, following approval by the Central ... Read More »

Union Bank and CIG Motors Announce Partnership

Union Bank of Nigeria has signed a commercial partnership agreement with Choice International Group (CIG) Motors Limited, a member of CIG Group of Companies, to provide auto financing services to the Bank’s customers on purchase of GAC range of cars, through its asset finance loan scheme. The deal, which was recently signed at Stallion Plaza, Union Bank’s head office in ... Read More »

FirstBank is calling on the public to disregard spurious allegation on some online publications. “We remain focused on our mission of providing the world best financial services”, says First bank

Our attention has been drawn to a sponsored sensational report by some online publications on a charge brought against the Bank. While we will not be able to offer further comments as the matter is sub-judice, suffice it to say that the basis of the charge is a spurious allegation made by a delinquent debtor with the intention of embarrassing the Bank and ... Read More »

ZENITH BANK CAPS THE YEAR 2022 WITH IMPRESSIVE 24% GROWTH IN GROSS EARNINGS

Zenith Bank Plc has announced its audited results for the year ending December 31, 2022,achieving an impressive double-digit growth of 24% in gross earnings from NGN765.6billion reported in the previous year to NGN945.5 billion in 2022. This is despite the persistent challenging macroeconomic environment and headwinds.According to the audited financial results for the 2022 financial year presented to the Nigerian ... Read More »

Ecobank Takes “Financial Planning Education” To Schools

Photo: A cross section of students and officials of Ecobank Nigeria and Junior Achievement​ Nigeria (JAN) during the financial literacy training session at the Comprehensive School Management and Technology, New Layout, Abakaliki, Ebonyi state last week ​Ecobank Nigeria last week embarked on financial education for Secondary School students across the country on personal financial management including savings, budgeting, and investment ... Read More »

EBENEZER ONYEAGWU CONFERRED WITH DOCTORATE DEGREE BY THE UNIVERSITY OF NIGERIA, NSUKKA

The Group Managing Director/Chief Executive Officer of Zenith Bank Plc, Dr. Ebenezer Onyeagwu, was on Saturday, March 25, 2023, conferred with a Doctorate Degree in Business Administration by the University of Nigeria, Nsukka. The award, which is in recognition of his immense achievements as Group Managing Director/CEO of Zenith Bank as well as his contributions to the growth of the ... Read More »

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