Category: Business

UBA Revolutionises Mobile Payments With *919# Magic Banking

In line with its determination to dominate Africa’s mobile banking space with the introduction of cutting edge technology-driven products and services, United Bank for Africa (UBA) Group, leading African financial institution, has introduced a full-fledged banking platform, tagged UBA Magic Banking and enabled by dialling *919# within Nigeria. The USSD code *919#  enables customers to…

Heritage Bank Launches ‘MyStocKIT’ MSME App

In line with its commitment to ensure swift expansion of the micro small medium enterprises (MSME) market segment, Heritage Bank has introduced MyStocKIT, an android hand-held solution that enables clients to track stock movements, maintain dynamic stock levels and address fundamental accounting/book keeping management requirements of the business. Heritage Bank becomes the lead bank to…

Ecobank Merges 74 Branches To Drive Digital Strategy

Ecobank Nigeria limited has entered an advanced stage of its digital transformation agenda which is aimed at enabling its customers depend more on its digital platforms to do their daily banking activities, thereby reducing the need to go to branches. By this development, the bank will deliver enhanced services leveraging more on its digital channels.…

Diamond Bank Fortifies Growth in Q1 ’17 as Assets Jump to N2.07tr

Diamond Bank has released its Q1 2017 financial accounts to the Nigerian Stock Exchange, NSE, showcasing focused and strong determination to continue to strengthen growth in key financial parameters. The Bank’s performance scorecard for the first three months of the business year as made available to journalists on the floor of the Exchange, reflects strong…

GTBank Posts Pre-Tax Profit of N50.39b

Guaranty Trust Bank Plc has released its unaudited financial results for the quarter ended March 31, 2017 to the Nigerian and London Stock Exchanges. A review of the results shows positive performance across all financial indices, reaffirming the Bank’s position as one of the most profitable and well managed financial institutions in Nigeria. Gross earnings…