Category: Business

Fintechs & Merchants Laud Fidelity Bank for New Digital Payment Solution

Leading Nigerian bank, Fidelity Bank Plc, has been commended for simplifying digital payments and the customer journey following the recent launch of PayGatePlus, a one-stop solution for payments that caters essentially for all business categories within the financial ecosystem. Powered by OnePipe, PayGatePlus is a next-generation embedded finance platform which enables organisations in any sector…

Stanbic IBTC Tasks Nigerian Investors to Tap into AfCFTA to Boost Intra-Africa Trade

Stanbic IBTC Bank PLC, a subsidiary of Standard Bank Group, has urged Nigerian investors and business owners to harness and maximise the business opportunities that are inherent in the African Continental Free Trade Area (AfCFTA) agreement. This will help boost intra-Africa trade beyond the current level of 17 per cent as well as promote industrialisation…

Heritage Bank Plc, Lagos Commodities and Futures Exchange (LCFE) and other participating financial institutions explored opportunities on export revenue from the Commodities Ecosystem as part of its supports to the Central Bank of Nigeria’s (CBN) to raise $200billion in foreign exchange repatriation from the non-oil exports over the next three to five years. At a…

In a bid to deepen positive customer experience and create new opportunities for businesses to grow revenue, Fidelity Bank, in collaboration with OnePipe, launched payment gateway PayGatePlus on Wednesday, March 16, 2022, at the Eko Hotel & Suites in Lagos. PayGatePlus, which is an upgraded version of the legacy PayGate product by the bank, is…

Fidelity Bank Sensitizes Customers on Emerging Opportunities in Non-Oil Exports and CBN RT200 FX Policy

The Central Bank of Nigeria’s (CBN) efforts towards actualising $200 billion in Foreign Exchange (FX) repatriation from non-oil exports over the next five years have been given a major boost with a recently held workshop for exporters and investors in Akure, Ondo State. Hosted by leading financial institution, Fidelity Bank Plc, the workshop tagged, Harnessing…

Stanbic IBTC Infrastructure Fund 2021 Distribution to Unit Holders

Stanbic IBTC Asset Management (“the company”), a subsidiary of Stanbic IBTC Holdings PLC recently announced its final 2021 distribution of NGN2.00 per unit to unit-holders invested in Tranche I of the Stanbic IBTC Infrastructure Fund (“the Infrastructure Fund”). The distribution, which was made in January 2022, is in addition to the interim distribution of N1.24…

UBA’s Diversified Business Model, Enhanced Digital Platforms Key to Financial Gains – Uzoka

Africa’s global bank, United Bank for Africa (UBA) Plc, has assured its shareholders and investors of excellent performance in the 2022 financial year, as the bank continues to deepen its foothold to reap the benefits of its investments in strong and innovative digital product offerings and expanded scope over the past few years. The Group…

Zenith Bank: Justice Abike-Fadipe Vows to Deal With Peddlers of Fake Story Credited To Her

Justice Olubunmi Abike-Fadipe of the Ikeja Special Offences Court has expressed shock, anger and annoyance over a blatant false narratives against Zenith Bank credited to her by some fake, over-ambitious and junk online news platforms over the judgment she delivered recently. Miffed by the widespread falsehood, the respectable Justice who delivered a case that involved…

IWD: Unity Bank, AltSchool Africa Partner to Empower Female Software Engineers

In commemoration of International Women’s Day, IWD 2022, Nigeria’s retail lender, Unity Bank Plc is partnering AltSchool Africa to sponsor female students towards the acquisition of specialist software skills – an empowerment initiative to boost the capacity of the female gender. AltSchool Africa is a school for individuals looking to gain technical skills and kick…