Business

09/01/23: Heritage Bank Plc, one of Nigeria’s most innovative service providers, has emerged as the first financial institution in Nigeria to win the “Best Supporting Bank with Central Bank of Nigeria’s Information on Anchor Borrowers’ Programme (ABP).” The apex bank recently awarded Heritage Bank at the Bankers’ Award Night organized and …

Wema Bank Plc’s stocks emerged as the best-performing financial stocks on the Nigerian Exchange during the 2022 financial year. In a report titled “The Best Performing Stocks in Nigeria in 2022,” Nairametrics compiled and analyzed the best-performing stocks in 2022, comparing their share prices as of December 31st, 2021, and …

It is no more news that one Agim Chiamaka took to the social media to call out Zenith Bank over some missing N4 Million from her bank account. Sadly, further diggings have exposed how she singlehandedly allowed fraudulent activities on her account and in a way to cover up, is …

Nigeria, Lagos: 11 January 2022 ,  Emirates has finalised plans to offer its passengers around the world additional opportunity to fly better and enjoy a new high-speed, inflight broadband powered by Inmarsat’s GX Aviation, onboard 50 new Airbus A350 aircraft scheduled to enter service in 2024. The new agreement will …

Managing Director/Chief Executive Officer of FirstBank, Dr. Adesola Adeduntan, has advised financial institutions in the country to be vigilant and improve the monitoring of their customers’ loans in order to prevent the build-up of non-performing loans (NPLs) in the industry as a result of the macroeconomic challenges. Speaking in an …

The Managing Director/Chief Executive Officer of First Bank Nigeria Limited, Dr. Adesola Adeduntan, in this interview with THISDAY reviewed the performance of the global economy in 2022 and advised businesses and their bankers to approach 2023 with a partnership mindset to ensure that a win-win outcome is achieved despite the …

United Bank for Africa (UBA) Plc has announced that Nigerians can now get the new Naira notes at its Automated Teller Machines (ATMs) across the country. In a message to its customers on Sunday, the financial institution stressed that the withdrawal limit via this channel is N100,000. Recall that at …

Stanbic IBTC Capital, the investment banking subsidiary of Stanbic IBTC Holdings PLC, won four awards at the recently concluded EMEA Finance African Banking Awards 2022. For the 8th consecutive year, Stanbic IBTC Capital was named Best Investment Bank in Nigeria. Stanbic IBTC Capital also won awards for Best Debt House, …

This year’s edition of the Access Bank Lagos City Marathon is set to witness over 60,000 runners on the Lagos roads to compete for honours in the Elite Label race, as the status of the Lagos City Marathon rises. Speaking on the annual event, the General Manager Nilayo Sports Management …

Emefiele, CBN governor The Central Bank of Nigeria (CBN) has said it will come up with a regulatory policy framework for the implementation of cryptocurrencies. The CBN which had earlier banned crypto-related transactions in the banking system, disclosed this in a report on ‘Nigeria payments system vision 2025’. It said, …