Category: Business

Valentine Season: Polaris Bank Excites Customers with Mouthwatering Rewards

Polaris Bank has announced plans to delight its existing and new customers this Valentine season with a series of mouthwatering rewards. The Bank announced this over the weekend through its Group Head, Strategic Brand Management, Mr. Nduneche Ezurike, while intimating the general public about its Valentine Campaign tagged “Valentine Purple Love Season.” Mr. Ezurike said…

50,000 Youths to Receive Free Shares in Top Performing Nigerian Companies

Sterling Bank PLC; a leading commercial bank in Nigeria and Africa’s Most Agile Company, has chosen to celebrate this year’s Valentine season by gifting 50,000 young customers with an audacious bouquet of stocks in 14 of the top performing equities currently listed on the Nigerian Stock Exchange. With the Valentine-4-A-Lifetime campaign, Sterling is giving the…

UBA Gifts Customers Awesome Digital Experience at Valentine with New Internet Banking

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 wins Traveller Review Award 2022

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 Opens New Branch in the Lagos Free Trade Zone

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…

GTCO Acquires Asset Management and Pension Fund Businesses

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 Capitalized at 6bn with CBN’s Approval of Capital Injection

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 Disburses N34Bn in Credit to Boost Rice Value Chain

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,…