Category: Business

GTBank Leading Digital Banking Race In Africa—The Economist

Leading African financial institution, Guaranty Trust Bank (GTBank), is atop a new generation of multinationals in developing markets with the competitive strength and capacity to become a major player in the global scene, says the Economist Intelligence Unit (EIU), the research and analysis division of the world-leading business media platform, The Economist. GTBank, which operates…

Coronation Merchant Bank Becomes Best Investment Bank in Nigeria

A company established to fill the gap in a long-underserved market segment, and address the need for long-term capital across key sectors of the economy, Coronation Merchant Bank, has been named the Best Investment Bank in Nigeria at the 2018 World Finance Investment Banking Awards in United Kingdom. A statement quoted World Finance as saying,…

Diamond Bank Introduces SMEZone To Empower, Promote SMEs

Nigeria’s Small and Medium-scale Enterprises (SME)-friendly lender, Diamond Bank Plc, has announced the launch of SMEZONE, a digital platform based business community for SMEs in the country where they can easily access relevant, network and be mentored with and by other entrepreneurs, attend webinars, receive newsletters and participate in competitions that ultimately help position their…

CBN Credit: Fidelity Bank Mulls Better Financing For Real Sector

Fidelity Bank Plc, top Nigerian lender, has restated its readiness to take full advantage of the new credit policy guideline recently released by the Central Bank of Nigeria (CBN) to support the growth of the agriculture and manufacturing sectors of the economy. The Bank’s Chief Executive Officer, Nnamdi Okonkwo, made this known in Lagos Saturday…

UBA’s Leo Launched on WhatsApp

Pan-African Financial Institution, United Bank for Africa (UBA) has announced the commencement of its chat bank ‘Leo’ on the WhatsApp platform. With Leo on WhatsApp, customers who are users and lovers of the app can now can perform basic banking services including checking their balances on the go, transferring funds, paying bills, among other services.…

Diamond Bank Disburses N1 billion Under Cash Flow-Based SME Lending Scheme

Leading retail bank, Diamond Bank Plc, has again reiterated its support for Small and Medium-Scale Enterprises (SME) as the Bank announced its disbursement of over N1 billion under the cash flow-based SME lending scheme. Launched in January 2017 in partnership with the Women’s World Banking (WWB), the scheme features the Cash Flow-based MSME Lending Methodology,…