Business

The Lagos audition of the Heritage Bank Plc’s foremost entrepreneurial reality TV show, popularly called the Next Titan, was held with no fewer than 1000 contestants in attendance. The enthusiastic contestants trooped to Excellence Hotel, Ogba, venue of the audition weekend, with expectation that luck would smile on them to …

Eaton Acquisitions Limited, an investment company that focuses on identifying listed companies with high growth potential and investing, has announced the completion of the purchase of 130 million shares of NEM Insurance Plc. The cross deal, which has caught the attention of market watchers, sees Eaton, which was seeking to …

The Knights of St Mulumba in the Lagos Metropolitan Council has created three new sub- councils for knights and Ladies of the Order namely, Victoria Garden City (VGC) Sub-Council from Lekki Sub-Council, Gbagada Sub-council from Maryland Sub-Council and Amuwo-Odofin Sub-Council from Festac Sub-Council. Speaking at the event in Lagos, at …

Leading retail bank, Diamond Bank Plc, has again reiterated its support for Small and Medium-Scale Enterprises (SME) as the Bank announced its disbursement of over N1 billion under the cash flow-based SME lending scheme. Launched in January 2017 in partnership with the Women’s World Banking (WWB), the scheme features the …

In a rapidly changing world, more so in the digital space, finding the right models to anchor human capital development will remain a paramount determinant of corporate success. This thinking underscores the Workplace Banking Seminar’ organized by Stanbic IBTC Bank PLC, a member of Stanbic IBTC Holdings PLC, in Lagos, …

The Tomi Somefun-led Unity Bank Plc has been tagged a financial institution without a banking philosophy. Years ago, a Managing Director of Unity Bank Plc, Henry Semeniteri, was quoted saying that the financial institution was repositioning to have a South/Western outlook, as to be able to rub shoulders with its …

  By: Felix Onajite Since the financial crisis that enveloped the global market a decade ago, the profitability and reputation of banks has been under tremendous pressure worldwide, Nigeria inclusive. Whilst the banking industry is now regaining its health, the entrant of fintechs and neo-banks in the industry is posing …

The business community has gained a deeper understanding of the workings of the currency swap agreement between Nigeria and China as a forum organized by Stanbic IBTC Bank PLC, a member of Standard Bank Group, put into perspective the growing economic ties between the Asian giant and Africa. Stanbic IBTC …

Fidelity Bank Plc, top Nigerian lender in strategic partnership with the Bank of Industry (BoI) has launched the Aba Finished Leather Goods Cluster Financing Programme, as part of continuous efforts to promote Made-in-Nigeria goods capable of meeting global standards for export and local consumption. N400 million in financing provided by …

  Leading financial institution, Fidelity Bank Plc has cleared the air regarding a social media video featuring an assault on two people at one of the bank’s branches in Lagos. In a statement made available to THE WITNESS on Friday and signed by the Bank’s Divisional Head, Brand & Communications, …