Month: September 2019

Police Arraign Access Bank Staff Over ‘Missing’ Customers’ N11m

A 34-year-old banker, Ramon Rilwon-Olayiwola, was recently arraigned before a Tinubu Chief Magistrates’ Court in Lagos for allegedly stealing N11 million from bank customers’ accounts. The defendant, a resident of 8, Sultan Bello Street, Owutu, Ikorodu, is facing a two-count charge of conspiracy and stealing. He, however, pleaded not guilty. Prosecuting Assistant Superintendent of Police…

Wema Bank Holds Empowerment Seminar for Women in Sara By Wema Community

Wema Bank Plc, the pioneer of Nigeria’s first fully digital bank ALAT, has empowered over 100 women in the Micro, Small and Medium Enterprises (MSME) sub-sector. The business advisory seminar, tagged ‘Running A Profitable Business’ brought women entrepreneurs together from the bank’s Lagos Region. Speaking at the event, Mrs Aramide Awosanya, Regional Manager, Lagos Mainland,…

No Bank Addresses Nigeria’s Geographical Gaps Better Than FirstBank

Managing Director/Chief Executive Officer of FirstBank of Nigeria Ltd, Mr Adesola Adeduntan, has said the lender remains a leader in implementing the financial inclusion drive of the Central Bank of Nigeria (CBN) and the federal government. Mr Adeduntan made this disclosure in an interview with BusinessDay’s Patrick Atuanya and Endurance Okafor, where he shared insight…

Tearing Down Barriers For Growth Of African Rural E-Commerce

By Josephine Wawira The rise and growth of e-commerce in the world and primarily in Africa has created a lot of business opportunities, not only in urban but also in rural areas. The good news is that there is undoubtedly increased connectivity, reaching even the previously inaccessible remote villages across the continent and connecting them…

UBA Delivers 21% Growth in Profit, 21.7% Return on Average Equity

Declares N0.20 Interim Dividend Africa’s leading financial institution, United Bank for Africa Plc has announced its audited half year financial results for the period ended June 2019, showing impressive growth across key performance indices as well as a significant contribution from its African subsidiaries. In spite of the increasingly unpredictable environment witnessed in some of…

SuperSport to Air 2019 African Freestyle Football Championship

Africa’s leading sports broadcast platform, SuperSport, a flagship of MultiChoice, has been selected by Feet ‘N’ Tricks International Limited as the media partners for the 2019 edition of the African Freestyle Football Championship (AFFC). AFFC is organized by Feet ‘N’ Tricks International Limited and with the deal, SuperSport will air the championship live to viewers…