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…Thumbs up mobile banking (FirstMobile) and USSD (*894#) platforms Dr Adesola Adeduntan, Chief Executive Officer, First Bank of Nigeria Limited said technology, innovation and enhanced capabilities have become necessary to achieve significant business growth in the post-COVID-19. Adeduntan made this remark on Thursday during a Digital Disruption Series webinar organised by the Surrey Business School of the University of Surrey, ... Read More »

MTN Nigeria has launched a unified customer engagement platform, EnGauge, designed to enable small-to-medium enterprise business owners administer transactions with customers, potentially increasing their productivity significantly. According to a statement from the telco on Thursday, the app, developed in partnership with Ajua, an African start-up, offers innovative customer management solutions. It said following installation and registration, businesses were automatically provided ... Read More »

In line with its vision of inspiring a healthier and happier world, Prime Foods and Beverages Nigeria Ltd, an indigenous manufacturer of healthy drinks on Thursday launched its premium quality Omnia Vitamin table water brand. The product which is made from demineralized water infused with natural fruit extracts, vitamin and minerals, comes in four variants- Blackcurrant, Pineapple, Orange and Apple ... Read More »

…….. Reports PBT of ₦238.1 Billion Guaranty Trust Bank plc has released its Audited Financial Results for the year ended December 31, 2020 to the Nigerian and London Stock Exchanges. A review of the result shows improved performance across all key financial metrics in the face of the unprecedented challenges brought on by the COVID-19 pandemic, reflecting the quality of ... Read More »

Deposit Money Bank workers on Wednesday said the Economic and Financial Crimes Commission should focus its asset declaration drive on the managing directors of banks and other agencies of government. EFCC Chairman, Abdulrasheed Bawa, had declared on Tuesday that the commission would from June 1 be demanding the asset declaration forms of bankers. Bawa said the decision was in line ... Read More »

Zenith Bank’s shareholders, on Tuesday at the 30th Annual General Meeting of the Bank held at the Civic Centre, Victoria Island, Lagos, unanimously approved the proposed final dividend of N2.70 per share, bringing the total dividend payment for the 2020 financial year to N3.00 per share with a total value of N94.19 billion. This followed the recent release of the ... Read More »

As part of its continuous effort to catalyse the growth and sustainability of Small and Medium-Scale businesses in Nigeria and Africa, Pan Africa Financial Institution, United Bank for Africa, (UBA) Plc will be hosting its next Business Series on Wednesday, March 17th, 2021. The UBA Business Series, which is held quarterly, is a capacity building initiative where professional business leaders share ... Read More »

…. open to all African entrepreneurs with business ideas from across all 54 African countries.   The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy dedicated to empowering African entrepreneurs, will close applications for the Tony Elumelu Entrepreneurship Programme on its TEFConnect digital platform (www.tefconnect.com) on March 31. This year’s intervention prioritises the economic recovery of small and medium scale enterprises (SMEs) ... Read More »

 Polaris Bank has commenced implementation of the regulatory Central Bank of Nigeria (CBN)’s extra N5 for every Dollar received into domiciliary accounts or as cash over the counter. The acting Managing Director/CEO of Polaris Bank, Mr. Innocent C. Ike disclosed that “growing evidence has shown a positive relationship between diaspora remittances and economic growth and as such, the Bank will ... Read More »

First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced the launch of First Global Transfer (FGT) to promote international transfer of funds across its subsidiaries in sub-Saharan Africa. The Bank’s subsidiaries in Africa include FBNBank DRC, FBNBank Ghana, FBNBank Gambia, FBNBank Guinea, FBNBank Sierra-Leone, FBNBank Senegal. The First Global Transfer (FGT) initiative is specifically designed ... Read More »