Business

London, March 1, 2019, three weeks after the UBA group launched its operations in Mali, the global financial city of London hosted a high level gathering of business and public sector leaders on Thursday February 28, 2019, as the new UBA franchise, UBA UK was formally birthed in the United Kingdom amidst …

President of Dangote Group, Aliko Dangote, has significantly moved up in the World billionaires’ list as he emerged 64th richest person in the world, with an estimated $16.6 billion, as against his previous ranking of 103rd in the world. Dangote, who remains the richest man in Africa for the 8th …

A sound and competent banking sector is essential for a stable macroeconomic environment, therefore, the importance of commercial banks in a country cannot be overemphasized.  This is because they occupy key positions in a country’s financial system and are essential agents that would lead to the growth of any economy. …

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 …

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 …

  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. …

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, …

…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 …

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 …

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 …