Category: Business

Keystone Bank Partners NIPOST To Launch Agency Banking

One of Nigeria’s most reliable financial institutions, Keystone Bank Limited has launched ‘KeyServ’ (An Agency Banking Proposition) to serve customers outside its conventional brick & Mortar mode of banking. The initiative in partnership with the Nigerian Postal Service (NIPOST) and i-OneC (A FinTech Firm) is in line with the Central Bank of Nigeria (CBN) Financial System Strategy (FSS2020) goals to increase Financial…

Heritage Bank Unveils New Digital Bank, Octopus

Heritage Bank Plc, Nigeria’s most innovative banking service provider has taken a bold step to revolutionalise the banking sector with the introduction of an advanced intelligent digital experience known as Octopus. The solution, which is full-fledged digital bank, has been described by financial technology experts as a game-changing innovation that is poised to connect all…

Sterling Bank Swims In N219m Fraud Mess

This is definitely not the best times for Sterling Bank because it has been given seven days return N219 million into a customers’ account or risk being dragged to court. According to Sahara Reporters, a microfinance institution, OHHA Microfinance Bank Limited, has accused Sterling Bank Plc of defrauding it of N219 million it deposited with…

UBA, China Development Bank Sign $100m Loan Deal For SMEs in Africa

Pan-African banking group, United Bank for Africa (UBA) Plc, and the world’s largest development finance institution, China Development Bank (CDB) have signed a $100 million seven-year loan agreement to finance the development of small and medium enterprises (SMEs) in Africa. The deal was signed on February 27, 2018 by executives of the two financial institutions…

UBA Issues Three Million Contactless Cards To Customers

Pan-African financial institution, United Bank for Africa (UBA) Plc, has again demonstrated its superiority in the Nigerian e-Banking space with the issuance of over three million Near Field Communication (NFC) technology enabled  contactless cards to its teeming customers. UBA has revolutionised the payments landscape in Nigeria in 2015, with the introduction of contactless payment cards…

Diamond Bank Partners WARIF on Gender Violence Prevention

Nigeria’s retail banking giant, Diamond Bank Plc, has thrown its weight behind Women at Risk International Foundation’s (WARIF) initiative to prevent gender-based violence and abuse against women in Nigeria. The project which is aimed at educating secondary school girls between the ages of 13-16 years, will use specially designed curriculum that will be offered to…

Spectranet Deepens Broadband Penetration With EVO MiFi Launch

Leading broadband and internet services provider, Spectranet 4GLTE, is launching a limited edition EVO MiFi, with unheard of bundled Data benefits for carefree communication. This is part of its commitment to foster love and affection this Valentine’s Day and connect with the young-at-hearts. It is also to achieve the 30 percent broadband penetration target set…

New Hubmart Stores Outlet Now At Lennox Mall in Lekki

Following the successful launch of its exciting Ikeja Mall, leading indigenous retail giant – Hubmart Stores Limited, is poised to continue in its tradition of bringing satisfaction close to the homes of its teeming customers in Lekki and its environs with the opening of its new outlet situated at the Lenox Mall, beside D’Place, Lekki…

Keystone Bank Unveils New Mobile Banking App

In demonstration of its commitment to deliver superior and innovative banking solutions to its customers, Keystone Bank has announced the launch of a brand new mobile banking application with many user friendly features which can be accessed from the convenience of a mobile phone. According to the Group MD/CEO, Obeahon Ohiwerei, the new mobile app…