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HSBC reports $8.5b pre-tax profit in third quarter

Banking giant HSBC said Tuesday that pre-tax profit in the third quarter rose 10 per cent year-on-year, citing revenue growth in two divisions. This comes days after the lender announced an organizational overhaul. HSBC said in an earnings release that the rise in pre-tax profit to $8.5 billion reflected a …

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Student union leaders cheer Glo My-G data bundles

  Leaders of Student Union Governments of some Nigerian universities have described the launch of My-G data bundles by technology company, Globacom,  as “a good initiative for youth development “. At an event held in Lagos on Thursday to announce My-G entertainment tour across the country, Morakinyo Olaolu, President, Students …

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No Plan for Customer Systems upgrade FirstBank assures

 We wish to address a misleading report circulating in the media regarding a system upgrade at FirstBank. The message which was incorrectly interpreted and reported was sent to, and intended for our vendors only and focused on transitioning from our current I-Supplier Platform (our automated platform that connects us to …

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Stanbic IBTC Bank charts new frontiers in Nigeria’s agricultural terrain

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, reaffirmed its commitment to transforming the nation’s agricultural sector by providing access to finance, infrastructure, capacity building, and technology. The bank made this announcement during its 2024 Agribusiness Breakfast Summit, which was themed “Driving economic transformation through agro-processing: Building a sustainable …

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