Business

 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 …

Ecobank Nigeria Limited has launched the Super Rewards Scheme, which gives 200 of its customers an opportunity to earn different cash gifts monthly, with four of them becoming millionaires at the end of the four months campaign. Korede Demola-Adeniyi, Head, Consumer Banking, Ecobank Nigeria, who announced the commencement of the campaign in Lagos …

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 …

…Dangote reiterates commitment to women empowerment The United Nations has underlined the need for governments all over the world to put women and girls at the centre of their efforts to recover from the COVID-19 pandemic ravaging the world, as the panacea for economic recovery. This call was made by …

Observed every March 8th, International Women’s Day is a global celebration of social, cultural and political achievements of women while promoting gender equality. The day is set aside for a global campaign to sensitize and deepen the gender equality movement.   The 2021 celebration theme: ‘Choose to Challenge’, was a …

  1st March 2021 — Metro Africa Xpress (MAX.ng), a mobility company at the forefront of cutting edge innovation, on the 27th of March 2021, presented a set of branded kiosks to the Police force, at its headquarters in Eleyele, Ibadan. The donation was part of the company’s commitment to …

The Nigeria Deposit Insurance Corporation (NDIC) has said Nigerian banks lost over N264.5 billion to fraudsters between 2017 and September 2020. NDIC’s executive director, corporate services, Mrs. Omotola Abiola-Edewor, stated this at the Corporation’s 2021 annual capacity building programme for law enforcement agencies in Lagos. According to her records, the amount involved …

Ecobank, in partnership with the Nigerian Export Import Bank (NEXIM) is hosting a breakfast meeting with exporters tomorrow (Thursday) by 11am. The focus of the meeting according to Chijioke Uzoukwu, Head of Trade, Ecobank Nigeria would be on export credit insurance, SME export development and other related export matters. Key …

Recently, Stanbic IBTC Holdings PLC announced the promotions of several of its women to top executive roles across the Stanbic IBTC Group. These included the promotions of Wunmi Ehis-Uzenabor as Executive Director, Operations, Stanbic IBTC Asset Management; Busola Jejelowo as Executive Director, Investments, Stanbic IBTC Asset Management; Emi Agaba-Oloja, Executive …

Fidelity Bank Plc, a leading Nigerian bank has restated its readiness to continually support the Central Bank of Nigeria’s (CBN) efforts to engender sustainable economic development by significantly improving diaspora remittances and foreign exchange (FX) inflows into the country. Fidelity Bank CEO, Mrs. Nneka Onyeali-Ikpe who made this known on Saturday …