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Heritage Bank is investing in young people
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The performance of Corporate Social Responsibility, CSR, is one of the sterling factors that distinguish leading financial institutions in Nigeria
Mr Ifie Sekibo, In this area, banks and telecommunication companies have maintained the lead, as they have notably invested in human capital development across the country. One of such institutions that stand out is Heritage Bank, a financial institution that is contributing to the improvement of the lives of Nigerians, especially young business owners.
Considering the importance of young people to the growth of any economy, the bank’s commitment is indeed remarkable. There is hardly any time that Heritage Bank is not in the news for CSR programmes, testifying to its commitment to improving economic development and well-being of communities, while also maximizing shared value for business, employees, and shareholders.
Worthy of note is the bank’s support to the Moses Siasia-led Young Nigerian Professionals Forum, NYPF, an organisation that seeks to harness Nigeria’s economic, political and social resources using contemporary leadership techniques.
The bank’s assistance was noticeable in the support it has provided for NYPF’s YESGrant which provides business training for 600 young entrepreneurs. The scheme trains youths in agriculture, creative business and Information and Communication Technology, ICT.
Consequently, grants were awarded to about 35 young entrepreneurs in agriculture, creative industry and ICT sectors after a rigorous review process conducted by an independent body, out of the tens of thousands who applied.
Impressed by the success of the scheme, Siasia commended Heritage Bank for its consistent support to the growth of Small and Medium Enterprises, SMEs, in Nigeria.
He also called on all stakeholders to see youth development as a necessity for national growth.
Another outstanding support from the bank was its decision to embrace NYPF’s anti-modern day slavery campaign.
At an international conference on illegal migration organised by the NYPF in Abuja, it was obvious that the success of the event was made possible by Heritage Bank and other partners.
Titled, International Action on Illegal Migration and Trafficking in Persons Conference, the forum was primarily convened to strengthen a multi-stakeholder partnership in curbing illegal migration and human trafficking. With participants drawn from international and local agencies working on human trafficking and illegal migration, the forum was an avenue to hear first-hand gory tales about the crisis.
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NSE: Market indicators dip further by 0.47%(Opens in a new browser tab) Encouraged by the successes the NYPF has recorded so far with assistance from the bank, Siasia recently described the bank as the bridge to the future.
He particularly lauded the bank for supporting NYPF’s Skills and Entrepreneurship Programme, SEDP, for young returnee irregular migrants. Siasia said the bank’s commitment to NYPF’s vision is adding value to the anti-modern day slavery campaign launched by the group. His words:”
Heritage Bank is a bank that is passionately supporting the aspiration of young people in Nigeria. “Heritage Bank supports Nigerian Young Professionals Forum’s scheme for young business owners, which has aided the growth of thousands of small businesses.
“We are glad to say that the bank has provided sponsorship to NYPF, especially some of our capacity building conferences for young people across Nigeria
“The bank is seriously supporting our Skills and Entrepreneurship Programme, SEDP, for young returnee irregular migrants and our campaign to combat modern-day slavery in Nigeria.
“The bank’s unrelenting support to our vision attests to its commitment to Corporate Social Responsibility. They are not only supporting our initiatives but are also promoting Nigeria’s values and culture across the country.
It is commendable. “I see Heritage Bank as Nigeria’s premier bank that provides hope to the aspirations of Nigerians with cutting edge solutions.
“We have a lot of banks in Nigeria, but Heritage Bank stands out because of their brand philosophical ideology to invest in the future.”
It would be recalled that the bank emerged as Nigeria’s Most Innovative Banking Service Provider for its outstanding contributions to improving the lives of young business owners in at the 5th-anniversary ceremony of NYPF in 2018.
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The bank was bestowed with the “Best Bank of the Year Business Support/Entrepreneur Development,” at the Africa Value Award 2018. It was adjudged “Best SME Bank Nigeria 2018” by Capital Finance International (CFI.co) and “Agriculture Bank of the Year 2018” by the Nigeria Agriculture Awards, MAA.
It was also honoured by the Chartered Institute of Bankers of Nigeria, CIBN, in terms of members’ mobilisation and participation as well as sponsorship of the institute’s programmes.
At the fourth edition of Green October Event 2018, organised by Alamode Magazine, the bank emerges as the “Most Supportive Bank of the Year.”
Economy experts converge on Lagos for Vanguard Economic Discourse today(Opens in a new browser tab) Speaking at the NYPF, awards in Abuja, MD/CEO of Heritage Bank Plc, Ifie Sekibo said the honour spoke volume of the bank’s efforts to demonstrate its commitment towards developing and positioning youths to become world-class citizens equipped and ready to be absorbed into an increasingly competitive workforce.
“One of the reasons why we chose, as an organization, to support the entrepreneurial growth and welfare of the youths is to see young men and women play vital roles in the socio-economic development of the country and help curb the high level of unemployment,” Sekibo said. The Managing Director, who was represented by Jubril Adeojo, Team Lead, Power Corporate Banking, said Heritage Bank is positioned to lead the recovery of the economy through enhancing youth entrepreneurship development and engendering self-employment via its various initiatives and products.
According to Sekibo, the drive to support youths seeks to create, preserve and transfer wealth across generations.
He explained that the entrepreneur schemes of the bank had always focused on dependable job-creating sectors, such as agricultural value chain (fish farming, poultry, snail farming), cottage industry, mining, and solid minerals, creative industry (tourism, arts and crafts), and ICT.
Culled from Vanguard
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GTCO Proudly Headlines the NPA Lagos International Polo Tournament as Main Sponsor— Championing Great Experiences and Heritage
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Guaranty Trust Holding Company Plc (GTCO Plc) (NGX: GTCO; LSE: GTCO), one of Africa’s leading financial services groups, is proud to announce its continued support as the main sponsor of the NPA Lagos International Polo Tournament, one of Africa’s oldest and most prestigious sporting events. The 2026 edition will be held at the Lagos Polo Club, Ikoyi, from Tuesday, January 27 to Sunday, February 15, bringing together top local and international polo teams and spectators from across the continent and beyond.
The 2026 NPA Lagos International Polo Tournament will feature top‑tier teams competing for major prizes, including the Majekodunmi Cup, Independence Cup, Open Cup, Silver Cup and Low Cup, among others. Guests can expect a fusion of thrilling equestrian action, polo-inspired lifestyle showcase, and curated hospitality experiences. The event will also be livestreamed, allowing audiences online to share in the excitement and spectacle.
Commenting on GTCO’s role as main sponsor of the Lagos International Polo Tournament, Segun Agbaje, Group Chief Executive Officer, said: “This tournament, one of the oldest in Africa, celebrates not only the noble sport of polo but the values we hold dear as a brand: teamwork, discipline, fair play, and a commitment to excellence. Beyond the field, it showcases Nigeria and Africa to a global audience, reinforcing the continent’s place on the world stage. Our longstanding sponsorship of the NPA Lagos International Polo Tournament reflects our conviction that sport can amplify opportunity, foster connections, and deliver world-class experiences for all.”
The NPA Lagos International Polo Tournament has long been celebrated not only for its thrilling competition and equestrian excellence but also for its rich heritage and cultural resonance within Africa’s sporting tradition. GTCO’s sponsorship embodies the Group’s commitment to creating platforms that unite communities and drive social impact across diverse audiences.
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Fidelity Bank appoints Onwughalu as Chairman following completion of Chike-Obi’s tenure
Tier one lender, Fidelity Bank Plc, has announced the completion of the tenure of Mr. Mustafa Chike-Obi as Chairman of its Board of Directors effective December 31, 2025, and the appointment of Mrs. Amaka Onwughalu as the new Chairman of the Board, effective January 1, 2026.
The board transitions are in alignment with the Bank’s policy and have been communicated to the Central Bank of Nigeria, the Nigerian Exchange Group, and other stakeholders.
Under Mr. Chike-Obi’s leadership, Fidelity Bank repaid its Eurobond, completed the first tranche of its public offer and rights issue that were oversubscribed by 237 percent and 137.73 percent respectively, expanded internationally to the United Kingdom, and received improved ratings from various agencies amongst a long list of achievements. His tenure also saw the Bank strengthen its capital position, record steady growth in customer deposits and total assets, deepen its digital banking capabilities, and enhance its corporate and investment banking proposition. The bank equally made notable progress in governance, risk management, and operational efficiency, all of which contributed to strengthened market confidence and the Bank’s sustained upward performance trajectory.
Reflecting on his tenure, Mr. Mustafa Chike-Obi said, “It has been a privilege to serve as Chairman of Fidelity Bank. The dedication of our Board, management, and staff has enabled us to reach significant milestones. I am confident that the Bank will continue to thrive and deliver value to all stakeholders.”
Mrs. Amaka Onwughalu’s appointment marks a new chapter for Fidelity Bank. She joined the Board in December 2020 and has chaired key committees. With over 30 years of banking experience, including executive roles at Mainstreet Bank Limited and Skye Bank Plc. She holds degrees in Economics, Corporate Governance, and Business Administration, and has attended executive programmes at global institutions. Mrs. Onwughalu is a Fellow of several professional bodies and has received awards for accountability and financial management
“I am honoured to lead the Board of Fidelity Bank at this exciting time. Our recent achievements have set a strong foundation for continued growth. I look forward to working with my colleagues to drive our strategy and deliver sustainable value,” commented Mrs. Onwughalu.
Ranked among the best banks in Nigeria, Fidelity Bank Plc is a full-fledged Commercial Deposit Money Bank serving over 9.1 million customers through digital banking channels, its 255 business offices in Nigeria and United Kingdom subsidiary, FidBank UK Limited.
The Bank is a recipient of multiple local and international Awards, including the 2024 Excellence in Digital Transformation & MSME Banking Award by BusinessDay Banks and Financial Institutions (BAFI) Awards; the 2024 Most Innovative Mobile Banking Application award for its Fidelity Mobile App by Global Business Outlook, and the 2024 Most Innovative Investment Banking Service Provider award by Global Brands Magazine. Additionally, the Bank was recognized as the Best Bank for SMEs in Nigeria by the Euromoney Awards for Excellence and as the Export Financing Bank of the Year by the BusinessDay Banks and Financial Institutions (BAFI) Awards.
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UBA Group Dominates 2025, Banker Awards, Emerges Africa’s Bank of the Year, For Third Time in Five Years
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….Wins Best Bank in Nine out of 20 African Subsidiaries
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has once again, reaffirmed its leadership as one of the continent’s most innovative and resilient financial institutions, as the bank has, for the third time in five years, been named the African Bank of the year 2025 by the Banker.com.
UBA also won the Best Bank of the Year awards in nine of its 20 African subsidiaries, bringing its total awards this year to ten as UBA Benin, UBA Chad, UBA Republic of Congo (Congo-Brazzaville), UBA Liberia, UBA Mali, UBA Mozambique, UBA Senegal, UBA Sierra Leone, and UBA Zambia, all came out tops as the best banks in their respective countries, underscoring the bank’s strength across West, Central and Southern Africa and highlighting the depth of its Pan-African franchise.
The Banker.com, a leading global finance news publication published by the Financial Times of London, organises the annual Bank of the Year Awards, and this year’s edition was held at a grand ceremony at the Peninsula, London, on Wednesday.
The Chief Executive Officer, UBA UK, Deji Adeyelure, received the awards on behalf of the bank, representing the Group Managing Director/CEO, Oliver Alawuba, and was accompanied by the bank’s Head Business Development, Mark Ifashe, and Head, Financial Institutions, Shilpam Jha.
The Banker’s awards are widely regarded as the most respected and rigorous in the global banking industry, celebrating institutions that demonstrate outstanding performance, innovation and strategic execution.
In its remarks on UBA’s winnings, the banker.com said, “For the third time in five years, UBA Group has won the coveted Bank of the Year award for Africa. UBA Group time after time punches above its weight against its larger African rivals. The bank this year also takes home nine separate country awards (one more than it gained for its last continental win in 2024), equivalent to around a quarter of the awards for the continent, and more than any of its continent-wide rivals.”
Continuing, it said, “Perhaps even more impressive is the fact that the awards were won across a broad geographic spread, going to lenders based in the Economic Community of West African States (Benin, Liberia, Senegal, Sierra Leone, and former member Mali), the Central African Economic and Monetary Community (Chad, Republic of Congo) and the Southern African Development Community (Mozambique, Zambia). Its award wins were particularly notable in the highly competitive categories for Benin and Mozambique.”
The Banker also highlighted UBA’s strong financial performance and commitment to future growth. In 2024, the Group recorded a 46.8 per cent increase in assets and a 6.1 per cent rise in pre-tax profits in local currency terms, while continuing to invest significantly in talent and technology. West Africa remains UBA’s heartland, with operating revenue and profit increasing by 87 per cent and 89 per cent respectively in H1 2025.
The bank’s digital and innovation leadership was equally recognised. During the year under review, and launched its Advance Top-Up buy-now-pay-later feature on the *919# USSD platform, expanding financial access for customers, while the bank’s chatbot Leo continued its strong growth trajectory, with transaction volumes rising by 29 per cent year-on-year in H1 2025. Notably, in August, Leo became the first African banking chatbot to enable cross-border payments via the Pan-African Payment and Settlement System (PAPSS).
UBA’s Group Managing Director/Chief Executive Officer, Oliver Alawuba, while reacting to the achievement, said the recognition affirms the bank’s long-term strategy and customer-first philosophy.
“This honour reflects the strength of our Pan-African network, the trust of our customers, and the dedication of our people. Winning Africa’s Bank of the Year for the third time in five years is not by chance; it is a testament to disciplined execution, innovation, and a deep understanding of the markets we serve,” Alawuba said.
“Our nine country awards across diverse regions of Africa show that UBA is not just growing, but growing with impact. We remain committed to driving financial inclusion, supporting economic development, and deploying technology that makes banking simpler, faster, and more accessible to Africans everywhere,” he added.
United Bank for Africa is one of the largest employers in the financial sector on the African continent, with 25,000 employees group-wide and serving over 45 million customers globally. Operating in twenty African countries, the United Kingdom, the United States of America, France and the United Arab Emirates, UBA provides retail, commercial and institutional banking services, leading financial inclusion and implementing cutting-edge technology.
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