Monday , 29 April 2024

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UBA’s Half-year Profit Grows By 33% to N76.2 Billion

*Declares 20k per share interim dividend Africa’s leading financial institution, the United Bank for Africa (UBA) Plc has announced its audited half year financial results for the half year ended June 30, 2021, showing impressive growth across all major income lines and performance indicators. The pan African financial institution delivered a 33.4 per cent appreciation in its profit before tax ... Read More »

Ecobank Makes Available Back-to-School Packages for the New Session

Ecobank Nigeria has announced special loan packages for parents and guardians to enable them pay school fees for their children and wards ahead of resumption for the 2021/2022 school year. Also, the bank is making special infrastructure loans available to educational institutions. This, according to the bank, will equip them adequately for the new session. Announcing the various ‘back to ... Read More »

CSR: Stakeholders Laud Polaris Bank Feminine Hygiene Initiative

…as Bank Empowers 9 schools In its resolve to overcome one of the biggest healthcare challenges facing teenage girls from less privileged homes in Nigeria, Polaris Bank has launched a Feminine Hygiene initiative. The programme has so far seen the Bank sensitize over a thousand secondary school girls on feminine hygiene practices and provide them with the items with which ... Read More »

FIRSTBANK LAUNCHES LIT APP, A REVOLUTIONARY MOBILE BANKING APPLICATION, REINFORCES ITS COMMITMENT TO PUT CUSTOMERS FIRST

In furtherance of its commitment to spearhead value-driven mobile and digital banking in Nigeria, First Bank of Nigeria Limited has announced the launch of the LIT Application, created to revolutionise the culture and experience of mobile banking in Nigeria. The state-of-the-art banking app is the first of its kind in the industry, exposing customers to a wealth of opportunities to promote their ... Read More »

ZENITH BANK MAINTAINS GROWTH MOMENTUM IN H1 2021 DESPITE MONUMENTAL HEADWINDS

In a clear demonstration of its resilience, Zenith Bank Plc has announced its audited results for the half-year ended 30 June 2021, recording positive growth across key financial metrics despite a challenging macroeconomic environment exacerbated by the COVID 19 pandemic. According to the bank’s audited half-year financial results presented to the Nigerian Exchange(NGX), the Group recorded a growth in profit ... Read More »

Banks, others may create e-wallets after e-Naira deadline – CBN

The Central Bank has said after the launch of the eNaira project, banks and other licensed operators may provide their own wallets since it does not intend to compete against them. Nairametrics reported that the CBN sent a presentation to banks about the eNaira project releasing more details and guidelines about the project to banks. According to the presentation, the ... Read More »

Ecobank Nigeria MD Canvasses Financial Institutions, Private Investors Synergy To Bridge Infrastructure Gap

Managing Director, Ecobank Nigeria, Patrick Akinwuntan has advocated a synergy between financial institutions and private investors to address infrastructure deficit in the country. Akinwuntan in a presentation titled ‘Transportation Infrastructure Development Financing In Nigeria’ delivered at the Nigerian Institute For Transport Technology (NITT) 2021 Transport Technology Conference in Abuja, noted that given the bulk of activities across the infrastructure project ... Read More »

UPDATE : A building donated by Unity Bank Plc to the Borno State Universal Basic Education Board, SUBEB

UNITY BANK 2: Borno State Governor, Prof. Babagana Umara Zulum inspecting the plaque during the official commissioning of the SUBEB building donated by Unity Bank. UNITY BANK 3: His Excellency, Governor of Borno State, Prof Babagana Umara Zulum flanked by (from L – R) Executive chairman, Borno SUBEB Dr Shettima Bukar Kullima, Zonal Head, North East and Jigawa, Mr Mustapha ... Read More »

NNPC ₦287bn Profit: Kyari Explains Facts behind the Figures

…As Sylva, Board Members Hail Corporation Following the Presidential applause for the Nigerian National Petroleum Corporation (NNPC) on its posting of ₦287bn profit after tax in the 2020 financial year, the Group Managing Director, Mallam Mele Kyari, has given an insight into the measures adopted by his management to achieve the feat. Speaking at a press conference Thursday at the ... Read More »

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