Category: Business

Keystone Bank Promotes Climate Action With Principles For Responsible Banking

Keystone Bank Limited has become one of the founding signatories of the Principles for Responsible Banking, committing to strategically align its business with the Sustainable Development Goals and the Paris Agreement on Climate Change. By signing the Principles for Responsible Banking, Keystone Bank joins a coalition of 130 banks worldwide, representing over USD 47 trillion…

Africa’s Global Bank, UBA is Now Available on Apple Business Chat

United Bank for Africa (UBA) Plc, on Thursday, announced that the services of its Chatbot, Leo is now available for customers on Apple Business Chat, where its users can communicate directly with businesses using the Messages app on iPhone and iPad. “As a brand focused on providing excellent customer experience, we are always looking for…

Sanni Reiterates Stanbic IBTC’s Commitment to Deliver Long-Term Value to Stakeholders

Chief Executive, Stanbic IBTC Holdings PLC, Yinka Sanni, has assured Nigerians that Stanbic IBTC Bank remains strong, stable and sustainable in its operations. Stanbic IBTC Holdings PLC posted a profit of N36 billion for the half-year which ended June 30, 2019 and rewarded shareholders with an interim dividend of N10.2 billion at 100 kobo per…

First Bank Showcases Opportunities in Nigeria’s Agric Value Chain

CEO of First Bank of Nigeria (FBN) and subsidiaries, Adesola Adeduntan, says the objective of the bank’s Agric Expo is to support the goal of the Federal Government of Nigeria to make Agriculture a mainstream in the country. To discuss this, he joins CNBC Africa’s Christy Cole for more. https://www.cnbcafrica.com/videos/2019/09/02/first-bank-showcases-opportunities-in-nigerias-agric-value-chain/

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…

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…