Cross-section of Keystone Bank staff with representatives of regulatory agencies at the event in Lagos recently Keystone Bank, a leading financial institution in Nigeria, has rewarded its loyal customers through its “Welcome Back Campaign Promo,” an initiative designed to re-engage dormant and inactive account holders. The draw, which took place on the 20th of November […]
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Access Bank Plc has rewarded a lucky customer with a brand-new SUV as part of its star prize rewards in the ongoing 16th Season of the DiamondXtra rewarding scheme. The official car presentation event which took place at the bank’s Head Office in Lagos saw Onyeamechi Uchenna Modestus, an Owerri-based businessman who runs DiamondXtra Account […]
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Guaranty Trust Holding Company Plc (GTCO) has announced the opening of its offer for subscription of 9,000,000,000 ordinary shares of 50 kobo each at N44.50 per ordinary share (the Offer). This followed the clearance of the offer prospectus and registration of the offer shares by the Securities and Exchange Commission, Nigeria (SEC Nigeria). GTCO, in […]
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The First Bank of Nigeria Holdings has appointed Nigerian billionaire and businessman, Femi Otedola, as the new chairman of its board of directors. Otedola, who recently expressed his excitement about his return to the Forbes African Billionaires list after a seven-year hiatus, takes over from the outgoing Chairman of the board, Alhaji Ahmad Abdullahi. Sharing […]
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Group Treasurer, United Bank for Africa (UBA), Adeyemi Adeleke (left); Group Managing Director/Chief Executive Officer, Oliver Alawuba and Executive Vice President, African Import and Export Bank ( Afreximbank), Denys Denya, during the signing of Trade Finance Facility under the Afreximbank’s Ukraine Crisis Adjustment Trade Financing Programme for Africa (UKAFPA), on the sideline of Intra-African Trade […]
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A combined photo of First Bank MD, Dr. Adesola Kazeem Adeduntan and Glory Omokaro An Italy-based Nigerian lady, simply known as Glory Omokaro, has narrated how the sum of N68 million was fraudulently withdrawn from her First Bank account domiciled in Benin City, Edo State, Nigeria. Omokaro narrated her ordeal when she appeared on a […]
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Zenith Bank Plc has achieved N505 billion profit before tax in its unaudited results for the third quarter ended September 30, 2023. This represents 149 per cent significant leap from N202.5 billion it achieved in the third quarter of 2022. The bank’s profit after tax stood at N434.2 billion, representing 149 per cent growth from […]
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Access Bank, Nigeria’s top financial institution with a global presence is set to splash millions of Naira and mouth-watering freebies on its existing and new customers. The campaign tagged “Xtrawins, Transact and Win”, runs from October 1 to December 31st, 2023, the bank said in a statement. Speaking to newsmen at the launch of the […]
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United Bank for Africa (UBA) has released its audited financial results for the full year ended December 31, 2022, showing impressive performance across major indices. The 2022 financials, filed by the bank at Nigerian Exchange Limited (NGX), yesterday, showed that gross earnings rose to N853.2 billion from N660.2 billion recorded in 2021, representing 29.2 percent […]
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CBN Financial data obtained by The Guardian suggest that deposit money banks (DMBs) had less reason to worry about liquidity last year as borrowing from the Central Bank of Nigeria (CBN) to meet urgent short-term needs dropped by 15.3 per cent to N11.01 trillion. In 2021, banks borrowed a total of N13.01 trillion from the […]
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