Africa’s global bank, United Bank for Africa (UBA) Plc, is set to launch the new internet banking, tagged ‘Made for Love’ in time for the Valentine season which is widely celebrated all over the world as the season of love. The newly upgraded internet banking has been fully equipped to provide a new digital experience…
Transcorp Hilton Abuja, the flagship hotel of leading hospitality brand Transcorp Hotels Plc., has won Booking.com’s Traveller Review Award 2022. This award celebrates businesses that consistently exceeded travellers’ expectations, having earned great traveller reviews. “We are honoured to receive this award which highlights Transcorp Hilton Abuja as consistently delivering quality experiences while navigating changing guest…
Stanbic IBTC Bank PLC, a member of Standard Bank Group, has opened a new branch in the Lagos Free Trade Zone (LFTZ), Ibeju-Lekki axis of Lagos State. The new branch will serve the banking and pension needs of the financial institution’s current and prospective clients along the LFTZ corridor and environs. Demola Sogunle, Chief Executive…
Guaranty Trust Holding Company plc (GTCO Plc) has announced that it has acquired 100% shares in Investment One Funds Management Limited and Investment One Pensions Managers Limited held by Investment One Financial Services Limited (IOFS or the Seller). IOPM is licensed by the Nigerian Pensions Commission (PenCom) to operate as a Pension Fund Administrator in…
Abbey Mortgage Bank has been further capitalised to N6bn following the approval issued by the apex bank of N3.03bn equity capital raised during the last right issue exercise of the bank. This milestone is in line with the strategic plan of the Management to strengthen the position of the company to champion the most desired…
Fidelity Bank has facilitated the disbursement of over N34 Billion in direct credit to players in the Nigerian rice value chain. The bank’s interventions in recent years have helped to unlock spontaneous financing opportunities for a large swathe of paddy rice farmers with significant contributions to the expansion of national paddy rice output. Only recently,…
In a bid to develop the Nigerian capital market and enhance the economy, Stanbic IBTC Asset Management, a subsidiary of Stanbic IBTC Holdings PLC, is set to advance customer assets in 2022 with its bouquet of investment solutions. Incorporated in 1992, Stanbic IBTC Asset Management has been providing investment services to foreign and domestic portfolio…
Sterling Bank Plc, Nigeria’s leading commercial bank, has said it will organize an award in early February, known as the Sterling Heart Fellowship Award, for tech founders whose businesses employ innovative solutions to tackle challenges in the HEART sectors and have been selected to partake in the Founder Institute Lagos Virtual Spring Program. The HEART…
AP LPG terminal, a fully owned subsidiary of Ardova PLC, on Wednesday, 19 January 2022, performed the groundbreaking ceremony for the construction of a 20,000 metric tonne Liquified Petroleum Gas (LPG) storage terminal at the project site in Ijora, Lagos. The ceremony signified the official commencement of construction activities which is expected to be completed…
Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings PLC, has introduced a Smart Loan digital solution to enable customers who have an account with their Asset Management arm access a loan to enable them meet their medium-term financial obligations. According to the bank, the devaluation of the naira due to the global economic downturn…