***N120m Up For Grabs In line with its tradition of deepening the savings culture by rewarding and encouraging its loyal customers, UBA has launched a new savings promo, UBA Wise Savers Promo. The promo which is scheduled to run till September 30, 2019, will give 80 people a whooping N1.5 million each across all participating…
Leading retail bank, Diamond Bank Plc, has again reiterated its support for Small and Medium-Scale Enterprises (SME) as the Bank announced its disbursement of over N1 billion under the cash flow-based SME lending scheme. Launched in January 2017 in partnership with the Women’s World Banking (WWB), the scheme features the Cash Flow-based MSME Lending Methodology,…
Since the financial crisis that enveloped the global market a decade ago, the profitability and reputation of banks has been under tremendous pressure worldwide, Nigeria inclusive. Whilst the banking industry is now regaining its health, the entrant of fintechs and neo-banks in the industry is posing a new threat. This digital disruption is changing the…
The management of Fidelity Bank has reacted to a social media video featuring an assault on two people at a Fidelity Bank branch in Lagos. In a statement signed by spokesman of the bank, Charles Aigbe, Fidelity Bank said the two individuals featured in the video were suspected of ‘shoulder surfing’ to steal customer card…
In line with its strategic drive and promise to enhance the development of young enterprises in Nigeria, Diamond Bank held a business workshop for small and medium scale business owners within Ibadan metropolis on how to manage their financial records and thrive in a competitive business environment. The Diamond workshop which was held at the…
Diamond Bank has released its second quarter unaudited financial report for the period ended June 30, 2018 to the management and stockbrokers of the Nigerian Stock Exchange (NSE), emphasising its strong focus on the Nigerian market, especially the retail business segment through its digital penetration strategy. The report showed that the Bank’s digital strategy is…
In line with its commitment to fuel economic growth in the country through support for small and medium scale businesses, Diamond Bank on Thursday held two editions of its 64th business seminar for small and medium scale business owners within the Lagos and Ibadan metropolis recently and educated entrepreneurs on tax affairs to give them…
Fastest growing financial institution in Nigeria, Keystone Bank Limited, has once again added to its growing list of laurels as the lender recently emerged ‘Africa’s Most Innovative Bank of the Year, 2018’ at the prestigious European Global Banking & Finance Awards held on Friday, July 20, 2018 in London. The bank chief, Mr. Obeahon Ohiwerei,…
A real estate development company known as Coronation Real Estate Development Limited has renewed its battle to secure a N4.1 billion compensation from Union Bank Plc over excess bank charges. The aggrieved company has filed a second amended statement of claim before a federal high court in Lagos alleging that Union Bank’s arbitrary interest, excessive…
Heritage Bank Plc, Nigeria’s most innovative banking services provider, has again demonstrated its commitment to the growth and progress of the banking profession by partnering with the Lagos branch of the Chartered Institute of Bankers (CIBN) to host the 2018 Lagos Bankers & Stakeholders’ Nite. General Manager and Chief Compliance Officer of Heritage Bank, Mr.…