Business

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, …

Relief is on the way for the estimated over 7 million passengers plying Lagos roads on a daily basis, as Heritage Investment Services Limited (HIS), has signed a memorandum of understanding (MoU) with Tuchi Technologies Nigeria Limited to provide affordable mass transit for commuters in Lagos metropolis, which Heritage Bank …

  Zenith Bank Plc has commended the Nigerian athletes  for their showing at the  2018  Senior African Athletics Championship in Asaba. The competition ended on Sunday with Nigeria finishing  in the third position with nine gold, six silver and five bronze. Kenya  won the championships with 11 gold, six silver …

A staffer of the Herbert Wigwe’s led Access Bank Plc, Kolawole Agboola, has been arraigned at the Tinubu Chief Magistrates’ Court in Lagos Island on a three-count charge of conspiracy, fraud and theft. THE WITNESS gathered the accused allegedly stole N13.6 million from the accounts of two customers of the Bank. …

Heritage Bank Plc, ­­­­­­­­Nigeria’s Most Innovative Banking Service provider, has successfully attained recertification of the Payment Card Industry Data Security Standard (PCI DSS) version 3.2, having achieved the International Organisation for Standardisation ISO 27001:2013 recertification recently. With its legacy of innovation, the recertification reaffirms the bank’s leading position in the …