Zenith Bank Plc has become the first Nigerian Bank to successfully launch its Unstructured Supplementary Service Data (USSD) account control code, *966*911#. This unique code stops unauthorized transactions and protects the account holder’s funds in the event of mobile phone, ATM Card or hardware token loss as well as account …
Read More »Coronation Merchant Bank ranked best investment bank in Nigeria
Coronation Merchant Bank has been named the best investment bank in Nigeria by the Global Finance Magazine. According to a statement, the organisation, which named its 20th annual World’s Best Investment Banks in an exclusive survey, will publish the list in April. The statement said winning organisations would be honoured …
Read More »Access, Diamond Mobile Apps to run side-by-side
Customers are at the centre of the Access Bank, Diamond Bank merger to create a leading outfit. Diamond Bank customers will lose nothing under the new arrangement. Access Bank will bring to bear on the deal its commitment to customers, financial inclusion, sustainability, corporate expertise and strong balance sheet. …
Read More »Polaris Bank deepens financial inclusion in Niger State
As part of commitment to ease access to banking services for more people, Polaris Bank has entered into a strategic partnership with the Niger State Government by ensuring participants in the supply value chain of the National Home-Grown School Feeding Programme (NHGSFP) can open bank account with less hassle. Managing Director, Polaris Bank, Tokunbo Abiru, …
Read More »Heritage Bank debuts ‘HB LAB’ tech start-ups to boost economic growth
…As winner gets $25, 000 grant, other benefits Heritage Bank Plc, Nigeria’s most innovative banking service provider, adopts a focused approach that removes barriers and galvanizes the critical sector of the economy around a bold growth agenda with the launching of its innovation accelerator programme tagged, “HB LAB”. The maiden …
Read More »Zenith Bank nets N193bn profit, offers N2.50 final Dividend
Zenith Bank Plc has reported a growth of 16. 2 per cent in its profit before tax (PBT) as well as 11.3 per cent growth in profit after tax (PAT) for the year ended December 31, 2018. According to the audited results made available yesterday, the lender recorded a decline …
Read More »Forex: CBN buoys market with $210m
The Central Bank of Nigeria (CBN) has made a fresh injection of $210 million into the inter-bank foreign exchange market in its determination to boost supply in that sector of the market. Figures released by the Bank on Tuesday, February 19, 2019, indicated that it offered the total sum of …
Read More »Fidelity Bank rewards 32 winners with N18m in GAIM Season 3
L-R: Head, Savings Group, Janet Nnabuko; Head, Strategy & Business Transformation, Adetunji Mustapha; Representative from Consumer Protection Council (CPC), Susie Onwuka; Executive Director, Shared Services & Products, Chijioke Ugochukwu; Representative from National Lottery Regulatory Commission, Amaka Osakwe; Representative from Lagos State Lotteries Board, Rowland Samuel at the 4th Monthly/2nd Bi-Monthly …
Read More »Zenith Bank earns over N80 billion as trading gains in 2018.
Reliable sources close to Nairametrics indicate tier one lender Zenith Bank could earn close to N100 billion or more as gains from derivatives and treasury bills trading in the 2018 financial year. The bank has consistently made trading gains in the last few years rising from N20 billion in 2016 …
Read More »Application for the Tony Elumelu Foundation Entrepreneurship Programme closes March 1
The Tony Elumelu Foundation, an African-funded and founded philanthropy committed to empowering African entrepreneurs has announced its last call for applications into its prestigious 2019 Entrepreneurship Programme. The application portal launched on the 1st of January 2019 will close on the 1st of March, 2019. Selected beneficiaries will join 4,470 …
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