Pan-African Financial Institution, United Bank for Africa (UBA) has announced the commencement of its chat bank ‘Leo’ on the WhatsApp platform. With Leo on WhatsApp, customers who are users and lovers of the app can now can perform basic banking services including checking their balances on the go, transferring funds, paying bills, among other services.…
NOVA Merchant Bank Limited has announced the appointment of Mr. Anya Duroha as the Acting Managing Director / Chief Executive Officer of the Bank. The appointment, which is subject to approval of the Central Bank of Nigeria, became effective on August 30th 2018. Prior to the appointment of Mr Duroha as the Acting Managing Director…
***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,…