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Driving Sustainable impact Through Community Development; Union Bank and Employees Returns for Third Employee Volunteer Day
For the third consecutive year, Union Bank and its employees celebrated their Employee Volunteer Day (EV Day) with a series of targeted charitable donations and projects, aimed at improving the lives of Nigerians.
In line with the Bank’s efforts to drive sustainable impact and accelerate community development, EV Day is an employee-funded initiative that allows Union Bank and its employees the opportunity to give back to the community through various projects and activities that drive positive social change.
The latest instalment of the initiative tagged “It Starts With U” involved a bottom-up approach where employees were encouraged to identify needs within their host communities that required timely attention after which they pooled resources to solve some of these identified problems in these areas.
Through the initiative, 20 impactful projects were executed and commissioned in different communities across three regions in the Nation. The projects which directly impacted over 253,000 people were centred around creating strategic development with a clear focus on Health & Wellness, Environmental sanitation and Education and Welfare in Nigeria.
Three projects were executed and commissioned In the South West region where Bolade Jegede, Regional Executive for South West, led the team of Union Bank Volunteers to the Island maternity Hospital Lagos where they donated Medical equipment to the Neonatal unit to support existing facilities and help reduce neonatal mortality rate which is currently about 25% of the death toll for age 5 and below.
In the South East region, a total of eight projects were implemented across various states. Rosemary David-Etim, Regional Executive of the region led a team of over 100 employee volunteers to commission the renovated toilet facility at Comprehensive Secondary School Douglas Road Owerri, Imo State to support the governments’ efforts towards preventing pupils from contacting or spreading germs and infectious diseases which is now a national concern as only 10% of Nigerian schools have basic hygiene services, including toilets.
Nine projects were also commissioned in different locations across the Northern Region. The regional executive Fatai Baruwa, represented by Helen Okene, and other UBN Employee Volunteers carried out environmental sanitation in Dei-Dei building market Abuja and donated waste bins to the market traders to improve waste collection and disposal within the market.
Other projects executed include; Donation of N2M to COPE towards breast and prostate cancer screening for at least 200 underprivileged men and women, donation of food supplies to various orphanage homes, donation of communal boreholes, school renovation, donation of traffic box to the traffic control unit of the police force.
Commenting on the initiative and expected project impact, Union Bank Chief Executive Officer Emeka Okonkwo, said
“Union Bank is known for leading the charge for social impact. The theme for this EV Day tagged ‘It Starts with You’ is a necessary reminder of the role each of us must play as individuals in upholding and driving sustainable impact in the communities we serve. I am so inspired by Team Union and incredibly fortunate to work with colleagues that prioritises our vision of community development and corporate citizenship”
Also commending the level of employee engagement, Chief Brand and Marketing Officer, Ogochukwu Ekezie-Ekaidem, said –
“Employee Volunteer Day is an initiative that is very close to my heart. Since 2019, we have executed projects in 30 locations across the country impacting over 300,000 lives. I am grateful to every employee that has donated to the successful execution of these projects.”
Introduced in 2019, EV Day reinforces Union Bank’s dedication to building a workforce that is conscious about giving back to the communities where they live and work. The first edition was a sanitation exercise carried out in 15 locations across the country with participation from over 1,200 Union Bank employees along with their family and friends. In 2020, the Bank and its Employees raised N10 million to provide the gift of water to over 15,000 Nigerians through the establishment of communal boreholes in six communities nationwide.
At Union Bank, Community Development remains one of our core focus and we will continue to provide support to the communities where they operate.
LAGOS, NIGERIA – Fidelity Bank Plc has successfully redeemed its 5-Year US$400 million Senior Unsecured Notes at maturity, reaffirming its commitment to meeting its obligations to investors and reinforcing its track record in the international debt capital markets.
Issued on 28 October 2021, the 5-year Eurobond matured on 28 October 2026 and carried an annual coupon of 7.625 per cent, payable semi-annually. Fidelity Bank met all scheduled coupon payments throughout the life of the instrument and has now fulfilled its final repayment obligation in full, covering both principal and accrued interest.
The redemption was funded from internally generated liquidity as part of the Bank’s forward-looking liquidity management strategy. Through a dedicated sinking fund, Fidelity Bank progressively provided for the maturing obligation, enabling the Bank to meet its commitment while maintaining business-as-usual operations and compliance with applicable regulatory liquidity requirements.
Commenting on the development, the Managing Director and Chief Executive Officer of Fidelity Bank Plc, Dr/Mrs Nneka Onyeali-Ikpe, said the successful redemption reflected the Bank’s disciplined approach to financial management and its commitment to delivering on its obligations.
“This successful redemption demonstrates the strength of our franchise, the discipline of our balance sheet management and our commitment to honouring our obligations to investors and other stakeholders. We anticipated this maturity from the outset and planned accordingly, which reflects our commitment to responsible financial management,” Onyeali-Ikpe said.
The redemption further strengthens Fidelity Bank’s record in the international debt capital markets. The 2021 issuance marked the Bank’s third Eurobond transaction, following earlier issuances in 2013 and 2017, wherein the Bank raised $300 million and $400 million respectively. The 2021 offer attracted investor orders exceeding US$700 million, reflecting strong demand for the Bank’s international debt offering.
The successful Eurobond redemption follows the completion of Fidelity Bank’s recapitalisation programme ahead of the regulatory deadline. The Bank’s capital-raising efforts increased its eligible regulatory capital to approximately ₦533 billion, exceeding the ₦500 billion minimum capital requirement for banks with international authorisation.
The completion of these milestones underscores Fidelity Bank’s strong capital position, prudent liquidity management and disciplined approach to financial execution. It also reinforces the Bank’s capacity to meet its financial obligations while pursuing its strategic growth objectives across domestic and international markets.
…….GTBank customers can now pay with it and businesses on HabariPay’s Squad gateway can now accept it.
Guaranty Trust Holding Company Plc (“GTCO” or “the Group“) today announced that two of its subsidiaries are live with Google Pay on the day it launches in Nigeria. Customers of Guaranty Trust Bank Limited (“GTBank”) can add their GTBank debit cards to Google Wallet and pay with Google Pay online, in Nigeria and internationally. Businesses that use Squad, the payment gateway run by the Group’s payments subsidiary HabariPay, can now offer Google Pay to their customers at checkout.
The Group is therefore present at both ends of the same transaction: with the person paying and with the business being paid.
For GTBank customers, the change is simple. They add their GTBank debit card to Google Wallet once. After that, they choose Google Pay at checkout, pick the card and confirm, without typing a card number, expiry date or CVV again. Google Pay replaces the card number with a secure digital token, so the merchant does not receive the actual card details. The card can be used wherever Google Pay is accepted online, including for subscriptions, travel bookings, food delivery, bills and digital services.
For businesses on Squad, “Pay with Google Pay” now sits at the top of the Squad checkout, alongside card, bank transfer, USSD, bank payments and Squad’s buy-now-pay-later options. A customer with a card in Google Wallet selects Google Pay, chooses the card, confirms, and is returned to the merchant’s site once the payment is verified. Google Pay is switched on by default for every business on Squad, and a merchant can choose to turn it off. Merchants set up for international payments can accept Google Pay from customers anywhere in the world, which opens Nigerian businesses to buyers abroad, including the diaspora. Fewer fields mean fewer points at which a customer can abandon a purchase, which matters most to the small and growing businesses that make up much of Squad’s merchant base.
Commenting on the launch, the Group Chief Executive Officer of GTCO, Mr Segun Agbaje, said: “Most failed online payments are not refused, they are abandoned. Somewhere along the way the customer gives up, and the business never learns about the sale it lost. As a customer centric Financial Services Group, we are committed to ensuring that we continue to deliver payment solutions that make transacting safe and simple for our various customer Groups. With Google Pay, what matters to us is that we are ready on both sides from the first day: a GTBank customer can pay with it, and a business on Squad can accept it.”
He added: “This is what a group structure is for. Our Bank and our Payments Business were built to do different jobs, and today they meet at the same checkout. We will keep putting the full weight of the Group behind those small moments where people decide whether paying digitally is worth the effort. When it is, everyone in the transaction wins: the customer, the merchant and the wider economy that depends on both.”
The Managing Director of HabariPay, Mr Eduofon Japhet, said: “For a merchant, every extra field at checkout is a reason for a customer to leave. Squad businesses now get Google Pay inside the checkout they already use, so their customers can pay in a few taps with a card they have already saved. A merchant set up for international payments can now be paid with Google Pay by a customer anywhere in the world, with nothing new to integrate.”
Availability. GTBank customers can add an eligible GTBank debit card through the Google Wallet app on Android or through their Google Account. From today, Google Pay is on by default for all businesses on the Squad payment gateway, and merchants can choose to turn it off. Squad merchants set up for international payments can accept Google Pay from anywhere in the world. More information is available at www.gtbank.com and www.squadco.com.
Zenith Bank Plc is set to host the sixth edition of its flagship technology event, Zenith Bank Tech Fair 2026: Future Forward 6.0, on Thursday, November 5, 2026, under the theme, “AI: Embrace or Extinct.”
Renowned for its scale and showcase of technological innovation, the annual Tech Fair has evolved into a platform for connecting ideas, talent and opportunities. Over the years, the event has brought together technology leaders, entrepreneurs, and young innovators to explore emerging technologies, showcase solutions and examine the future of the digital economy.
Conceived by the Bank’s Founder, Jim Ovia, CFR, the initiative reflects his vision of empowering young Nigerians through technology and nurturing inventors capable of developing solutions with global relevance. It also reinforces Zenith Bank’s commitment to digital advancement and the growth of Nigeria’s technology ecosystem.
The impact of the Tech Fair is evident in the solutions emerging from its competitions. Previous winners include JumpnPass, which developed a self-checkout solution for retail, and CreditChek, which uses artificial intelligence and open banking to streamline credit verification. At the 2025 edition, TrustLoopwon the hackathon for its digital identity verification solution, while Cubbes Technologies won the startup pitch competition with its AI-powered EdTech learning platform. Through millions in prize funding and mentorship, the Tech Fair continues to support promising innovators in developing practical solutions to real-world challenges.
For the first time, the Tech Fair will be held virtually, opening participation to a wider borderless audience across Nigeria and beyond. This year’s theme explores the growing influence of AI and challenges individuals and organisations to consider howbest to harness its potential in an increasingly technology-driven world. The event will offer participants an opportunity to discover emerging innovations, gain fresh insights and engage with ideas shaping the future of work and business.
The Tech Fair will be accessible via Zoom, Instagram, X, TikTok, Facebook and YouTube.
Be part of the future of technology. Register now at www.zenithbank.com/techfair and experience the possibilities of AI at Zenith Bank Tech Fair 2026.
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