Category: Business

UBA Meets NSE’s Stringent Corporate Governance Conditions, Lists On NSE Premium Board

On Monday, the Nigerian Stock Exchange (NSE) migrated the ordinary shares of United Bank for Africa (UBA) Plc to its Premium Board, in what capital market analysts described as an attestation to the Bank’s strong adherence to international best practices on corporate governance. The Premium Board is the newly created platform for elite companies that…

Coronation Merchant Bank Records N5b Profit in 2017 as Earnings Grows by 66%

Nigeria’s leading merchant banking brand, Coronation Merchant Bank Limited, has posted a strong performance in 2017, according to its financial statements for the year ended December 31, 2017. Presenting the 2017 full year results to stakeholders at the Annual General Meeting held in Lagos, Group Managing Director/CEO of Coronation Merchant Bank Limited, Abu Jimoh said…

Heritage Bank, Seki Partner To Promote Nigeria’s Cultural Heritage

Heritage Bank Plc, Nigeria’s most innovative banking service provider; has partnered with Yibo Koko in association with Bolanle Austen – Peters Productions to showcase some of Nigerian cultures to the world through presentation of a dance drama known as Seki in Lagos. The event which held at the popular Terra Kulture Arena was graced by members of…

Heritage Bank Lectures 5,544 Pupils On Financial Literacy

In a bid to support the Central Bank of Nigeria’s Financial Literacy Day, which marks the Global Money Week, Heritage Bank Plc recently empowered 5,544 pupils and teachers in 11 secondary schools across the country. The CBN’s Financial Literacy Day is a globally celebrated event to promote savings, drive Financial Inclusion, invariably gain a higher…

UBA Sustains Strong Performance with Growing Contribution, Market Share from Africa

***Declares Profit Before Tax of N105.3 billion ***Recommends N0.85 Total Final Dividend for the Year United Bank for Africa Plc has announced its audited results for the financial year ended December 31, 2017, showing significant growth in the contribution and market share from its pan-African subsidiaries, among other positive trends in the financial performance. The…

Octopus: Heritage Bank Gets ISO 27001 Certification

An Information Security Management Certification has been given to Nigeria’s most innovative banking service provider, Heritage Bank Plc, by the International Standards Organisation (ISO). This certification also known as the ISO 27001: 2013 is part of the ISO 27000 family of standards which helps organisations keep information assets secure. The certification was achieved on the heels of…

Keystone Bank Partners NIPOST To Launch Agency Banking

One of Nigeria’s most reliable financial institutions, Keystone Bank Limited has launched ‘KeyServ’ (An Agency Banking Proposition) to serve customers outside its conventional brick & Mortar mode of banking. The initiative in partnership with the Nigerian Postal Service (NIPOST) and i-OneC (A FinTech Firm) is in line with the Central Bank of Nigeria (CBN) Financial System Strategy (FSS2020) goals to increase Financial…

Heritage Bank Unveils New Digital Bank, Octopus

Heritage Bank Plc, Nigeria’s most innovative banking service provider has taken a bold step to revolutionalise the banking sector with the introduction of an advanced intelligent digital experience known as Octopus. The solution, which is full-fledged digital bank, has been described by financial technology experts as a game-changing innovation that is poised to connect all…